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Finance Secretary Arvind Mayaram

12 Feb 2023

CBI Books Ex-Finance Secy for Graft in Supply of Banknote Security Threads

CBI conducted searches at the premises of Arvind Mayaram. Arvind Mayaram is the former finance secretary. He was alleged corruption in the supply of exclusive colour shift security thread for Indian bank notes.

Arvind Subramanian

16 Oct 2014

Arvind Subramanian appointed CEA; finance secy Mayaram shifted to tourism

Government has brought in a new team at the Finance Ministry shunting out Finance Secretary Arvind Mayaram and inducting US-based economist Arvind Subramanian as Chief Economic Advisor as it prepares the groundwork for its first full-fledged Budget next February.

16 Oct 2014

Modi replaces top finance mandarin Mayaram in first major shakeup

Prime Minister Narendra Modi has transferred the top civil servant at the finance ministry, replacing him with a top official from Rajasthan, the state that has pushed dramatic free market reforms in recent months.

15 Oct 2014

Falling crude prices to have favourable impact: Mayaram

Finance Secretary Arvind Mayaram on Wednesday said declining crude oil price will have favourable implications for the country, but there was no need to be overly optimistic about it.

10 Oct 2014

Schemes like smart cities, speed trains in next Budget: Mayaram

The Budget 2015-16 will include many of the schemes announced by Prime Minister Narendra Modi such as smart cities and high speed trains, Finance Secretary Arvind Mayaram said on Friday.

Finance Minister

06 Oct 2014

Jaitley not to attend Fund-Bank meetings

Finance Minister Arun Jaitley, who was discharged from AIIMS today, has decided not to attend the annual meetings of IMF and World Bank in Washington later this week and his place will be taken by Finance Secretary Arvind Mayaram.

RBI monetary policy

29 Sep 2014

Economic conditions becoming favourable for rate cut: Mayaram

Mayaram argued that the WPI inflation is at the lowest level since October, 2009 and retail inflation is less than 8 percent which is the target for this year according to a RBI panel report.

28 Sep 2014

FIPB to consider 26 FDI proposals on Oct 1

The Foreign Investment Promotion Board (FIPB) will take up 26 FDI proposals, including that of HDFC Bank and Punj Lloyd, on Wednesday.

Monetary policy review

26 Sep 2014

Rajan meets Mayaram ahead of monetary policy review

Ahead of monetary policy review on September 30, RBI Governor Raghuram Rajan on Friday met Finance Secretary Arvind Mayaram and is believed to have discussed macroeconomic issues, according to sources.

India's credit outlook

26 Sep 2014

GDP growth could touch 5.9% this fiscal: Finance Secretary

Confident of a rating upgrade, Finance Secretary Arvind Mayaram on Friday said growth rate in the current fiscal will be in range of 5.5-5-9 percent, exceeding Standard and Poor's estimate of 5.5 percent.

20 Sep 2014

G20 resolves to check profit shifting for fair tax realisation

The Finance Ministers of the G20 nations on Saturday resolved to tackle Base Erosion and Profit Shifting (BEPS) to make sure companies pay their fair share of tax.

18 Sep 2014

India's GDP to rebound to over 7% in 2-3 years: Mayaram

India is following economic growth inducing policies and is confident that the GDP will rebound to over 7 percent in 2-3 years, Finance Secretary Arvind Mayaram said Thursday while emphasising that business confidence is back.

16 Sep 2014

FIPB clears 21 FDI projects, rejects Sistema Shyam's proposal

Foreign Investment Promotion Board on Tuesday cleared 21 proposals including that of Bharti Shipyard, but turned down the Sistema Shyam's request to raise foreign holding.

08 Sep 2014

India pitches for rating upgrade, says will keep fiscal in check

Pitching for the country's rating upgrade, Finance Ministry officials on Monday informed credit ratings agency Moody's that the Budget 2014-15 has provided an impetus to growth and the government is taking steps to keep the fiscal deficit under check.

21 Aug 2014

Curbs on gold imports likely to continue for some more time

The Finance Ministry on Thursday indicated that restrictions on gold import scheme are likely to continue till situation becomes "more comfortable".

Finance Ministry

21 Aug 2014

FinMin says decision on FDI limit in HDFC Bank soon

The Finance Ministry on Thursday said it is looking at issues connected with HDFC Bank's proposal to raise FDI limit in it and will take a decision shortly.

04 Aug 2014

Meeting fiscal deficit target of 4.1% a tough task: Mayaram

After remaining at sub-5 percent in last two fiscal years, economic growth in the ongoing fiscal year is estimated to be between 5.4 and 5.9 percent.

Debt mutual funds

23 Jul 2014

Finance Ministry examining Budget proposal to double tax on debt MFs

The Finance Ministry is examining to tweak the Budget proposal for hiking capital gains tax to 20 percent for debt mutual funds following representation from the industry, Economic Affairs Secretary Arvind Mayaram said on Wednesday.

Finance Ministry

21 Jul 2014

FinMin mulls raising FII investment sub-limit in govt bonds

Government is considering hiking the FII investment sub-limit in its bonds to USD 25 billion without disturbing overall USD 30 billion FII debt cap, a top finance ministry official said Monday.

12 Jul 2014

Finance secretary Mayaram defends 4.1% fiscal deficit target

Finance Secretary Arvind Mayaram said that plans announced in this week`s budget to stick to a fiscal deficit target of 4.1 percent of GDP are "very credible", despite criticism from ratings agencies that the number is optimistic.

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