Arvind Mayaram

The BJP has latched onto a tweet by Rajasthan Chief Minister Ashok Gehlot's economic advisor Arvind Mayaram about "hiring pilots" to take a swipe at the state's ruling party over dissidence within its ranks.

Hasmukh Adhia on Friday took charge as the Secretary of the Department of Financial Services in the Ministry of Finance.

The Narendra Modi government has transferred the top civil servant at the finance ministry, Finance Secretary Arvind Mayaram, replacing him with Rajiv Mehrishi, the chief secretary of Rajasthan, a state that has pushed dramatic free market reforms in recent months.

Rajiv Mehrishi, a top bureaucrat from Rajasthan, a state that has pushed dramatic free market reforms in recent months, replaces Mr Mayaram, who had twin roles as both finance and economic affairs secretary and was appointed by the previous Congress-led UPA government.

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.

A day ahead of the Reserve Bank of India's monetary policy announcement, Finance Secretary Arvind Mayaram suggested on Monday that the economic conditions were becoming favourable for a cut in interest rates.

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

The government will borrow Rs 2.40 lakh crore ($39.25 billion) via bonds in the second half of the current fiscal year (2014-15) ending March 2015, taking the annual borrowing to Rs 5.92 lakh crore, Finance Secretary Arvind Mayaram said on Friday.

The Indian economy can grow by more than 5.5 per cent in the current fiscal year, the Finance Ministry's top bureaucrat said on Friday.

After the recent surge in markets, the government wants to raise money through selling its stake in the above-mentioned blue chip private companies along with some blue chip public sector companies through an exchange-traded fund, a news report quoting Finance Secretary Arvind Mayaram said

Making an intervention during the G20 Deputies Meeting here, Mr Mayaram said the Indian Government announced a slew of policy reforms and Budget reflected this in full measure.

The FIPB, headed by Finance Secretary Arvind Mayaram, at its meeting today considered 35 proposals.

In order to encourage more overseas investments into India, the government has set up a committee to look into the possibility of treating non-repatriable NRI funds as domestic investment.

The Foreign Investment Promotion Board (FIPB) headed by Finance Secretary Arvind Mayaram will hold its 210th meeting on September 16 and there are 35 proposals on the agenda, the ministry said.

He was replying to a query whether in light of India's economic growth in the first quarter rising to two-and-half year high of 5.7 per cent, global rating agencies like Moody's and Standard & Poor's would upgrade India credit rating.

The BJP has latched onto a tweet by Rajasthan Chief Minister Ashok Gehlot's economic advisor Arvind Mayaram about "hiring pilots" to take a swipe at the state's ruling party over dissidence within its ranks.

Hasmukh Adhia on Friday took charge as the Secretary of the Department of Financial Services in the Ministry of Finance.

The Narendra Modi government has transferred the top civil servant at the finance ministry, Finance Secretary Arvind Mayaram, replacing him with Rajiv Mehrishi, the chief secretary of Rajasthan, a state that has pushed dramatic free market reforms in recent months.

Rajiv Mehrishi, a top bureaucrat from Rajasthan, a state that has pushed dramatic free market reforms in recent months, replaces Mr Mayaram, who had twin roles as both finance and economic affairs secretary and was appointed by the previous Congress-led UPA government.

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.

A day ahead of the Reserve Bank of India's monetary policy announcement, Finance Secretary Arvind Mayaram suggested on Monday that the economic conditions were becoming favourable for a cut in interest rates.

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

The government will borrow Rs 2.40 lakh crore ($39.25 billion) via bonds in the second half of the current fiscal year (2014-15) ending March 2015, taking the annual borrowing to Rs 5.92 lakh crore, Finance Secretary Arvind Mayaram said on Friday.

The Indian economy can grow by more than 5.5 per cent in the current fiscal year, the Finance Ministry's top bureaucrat said on Friday.

After the recent surge in markets, the government wants to raise money through selling its stake in the above-mentioned blue chip private companies along with some blue chip public sector companies through an exchange-traded fund, a news report quoting Finance Secretary Arvind Mayaram said

Making an intervention during the G20 Deputies Meeting here, Mr Mayaram said the Indian Government announced a slew of policy reforms and Budget reflected this in full measure.

The FIPB, headed by Finance Secretary Arvind Mayaram, at its meeting today considered 35 proposals.

In order to encourage more overseas investments into India, the government has set up a committee to look into the possibility of treating non-repatriable NRI funds as domestic investment.

The Foreign Investment Promotion Board (FIPB) headed by Finance Secretary Arvind Mayaram will hold its 210th meeting on September 16 and there are 35 proposals on the agenda, the ministry said.

He was replying to a query whether in light of India's economic growth in the first quarter rising to two-and-half year high of 5.7 per cent, global rating agencies like Moody's and Standard & Poor's would upgrade India credit rating.