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Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

Govt seeks Rs 13,000-cr surplus from RBI: Economic Affairs Secy

In August, the RBI had paid a dividend of Rs 30,659 crore for the fiscal ended June 2017.

19 Nov 2017 1:10 PM IST

Subhash Chandra Garg

Govt looking for ways to stabilise FPI inflow: Garg

During April-September period, the Centre's fiscal deficit has widened to 95.3 per cent.

30 Oct 2018 2:02 PM IST

P Chidambaram said, privacy was at the core of personal liberty and an inalienable part of life itself. (Photo: PTI)

Govt determined to 'capture' RBI's Rs 9 lakh crore reserves: P...

'November 19 will be a day of reckoning for central bank independence and the Indian economy,' Chidamabram said.

18 Nov 2018 12:33 PM IST

Subhash Chandra Garg

Govt denies eyeing RBI's Rs 3.6 lakh crore

Economic affairs secretary Subhash Chandra Garg said that the government has not asked the RBI to transfer Rs 3.6 lakh...

10 Nov 2018 1:22 AM IST

Subhash Chandra Garg

Govt not seeking Rs 3.6 lakh cr from RBI: DEA Secretary

Fiscal deficit target of 3.3 per cent for the current financial year ending March 31, 2019.

9 Nov 2018 2:02 PM IST

No need for bail-in in 98 per cent cases, says Subhash Garg

The Joint Committee of Parliament has been asked to submit their report to the Parliament by the last day of the Budget...

4 Jan 2018 2:20 AM IST

India has been the worlds fastest growing major economy over the past two years.

Double-digit difficult for India, but 8 pc economic growth possible by...

The Economic Affairs Secretary said that a ten per cent growth rate is not a realistic estimate, but 8 per cent plus is...

4 Feb 2018 2:12 PM IST

India has the highest retail prices of petrol and diesel among South Asian nations.

No excise duty cut on petrol, diesel for now, says DEA Secretary

State oil firms have not revised petrol and diesel price for almost a week now.

30 April 2018 5:54 PM IST

India has pressed the BRICS nations to set up an independent rating agency of the five-member group.

India pitches for BRICS credit rating agency

India has pressed the BRICS nations to set up an independent rating agency of the five-member group.

20 April 2018 4:57 PM IST

Centre sees cash crunch ease

Rs 200, Rs 500 notes are being printed 24x7 at all press to meet shortfall.

20 April 2018 1:28 AM IST

Economic Affairs Secretary Subhash Chandra Garg. (Photo: PTI)

Fiscal deficit to be lower than revised estimates for 2017-18: Garg

India revised its fiscal deficit target to 3.5 per cent of GDP from an earlier 3.2 per cent of GDP for 2017-18 fiscal...

3 April 2018 8:43 AM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

LIC board approves acquisition of up to 51 per cent stake in IDBI Bank

Insurance regulator Irdai has already given its approval to the insurer for the stake purchase.

16 July 2018 2:28 PM IST