subhash chandra garg]
By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON NOV 02, 2020 05:45 AM IST
A premature hard lockdown imposed across the country to curb the Covid-19 pandemic was responsible for India’s economic plunge, according to former finance secretary Subhash Chandra Garg.
By Press Trust of India | Posted by Shivani Kumar | New Delhi
UPDATED ON OCT 31, 2020 05:57 PM IST
Garg, who took voluntary retirement soon after being moved from the finance ministry - where he handled the Department of Economic Affairs - to power ministry, said Sitharaman, unlike her predecessor Arun Jaitley, had “a very different personality and knowledge endowment”.
By HT Correspondent | New Delhi
UPDATED ON JUL 26, 2019 03:21 AM IST
Earlier in the day, there was buzz that Garg could resign from service over what is widely seen as a demotion. He took over as finance secretary in March.
By Karthikeyan Sundaram | Bloomberg
UPDATED ON MAR 22, 2019 01:19 PM IST
India sought to put an end to a controversy about political influence on government data, with a top finance ministry official saying revisions to economic statistics are a fact and the revisions themselves are based on facts.
By Anirban Nag | Bloomberg, Mumbai
UPDATED ON NOV 27, 2018 10:42 AM IST
The Centre wants to discuss changes to the Reserve Bank of India’s (RBI) governance structure at a board meeting next month, including setting up some oversight panels, economic secretary Subhash Chandra Garg told a news channel.
By Press Trust of India | New Delhi
UPDATED ON NOV 18, 2018 01:04 PM IST
Chidambaram also claimed that the government and the Reserve Bank of India was heading towards a “confrontation” in the Monday’s board meeting of the bank.
By Reuters | Reuters
PUBLISHED ON JUN 29, 2018 11:52 AM IST
The volatility in rupee is being driven by global factors including the proposed US sanctions on Iran and the mismatch in demand and supply of oil, Subhash Chandra Garg said.
By Vrishti Beniwal and Shruti Srivastava | Bloomberg
UPDATED ON JUN 12, 2018 05:57 PM IST
The government is considering various options and doesn’t intend to insist on keeping 24% stake in Air India, said secretary of the department of economic affairs, Subhash Chandra Garg.
By Press Trust of India | Manila
UPDATED ON MAY 06, 2018 04:16 PM IST
Economic affairs secretary Subhash Chandra Garg says the cash situation in the country is quite comfortable and extra demand is being fully met.
By Press Trust of India | Press Trust of India
UPDATED ON MAY 03, 2018 03:28 PM IST
As per the minutes of the monetary policy committee meeting of April, RBI deputy governor Viral Acharya favoured withdrawal of monetary accommodation in the next policy review meeting on June 4-5.
By Press Trust of India | Press Trust of India, New Delhi
UPDATED ON APR 30, 2018 05:50 PM IST
Every rupee cut in excise duty on petrol and diesel will result in a revenue loss of Rs 13,000 crore, said DEA Secretary Subhash Chandra Garg.
By Press Trust of India | PTI, New Delhi
UPDATED ON APR 17, 2018 07:57 PM IST
After reports of large number of ATMs running out of cash in several states, the govt said the central bank will increase the printing of Rs 500 notes.
By HT Correspondent | Reuters, New Delhi
UPDATED ON MAR 07, 2018 02:03 PM IST
Reports said that the Indian government expects to receive Rs 100 billion ($1.5 billion) as interim dividend from the Reserve Bank of India this month.