Subhash Chandra Garg | The Asian Age

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India wants the Asian Development Bank (ADB) to increase lending to the world's fastest growing economy. (Photo: AFP)

India to pitch for increased lending from Asian Development Bank

Subhash Chandra Garg would meet ADB president, where he would push for increasing the ADB's lending commitment to India.

03 May 2018 7:27 PM

The board of governors of the Asian Development Bank (ADB) will later this week discuss its long term strategy for 2030 to keep up with changing needs of the region.

ADB board to discuss 'Strategy 2030' to build 'prosperous' Asia

Economic Affairs Secretary Subhash Chandra Garg will represent India at the meet.

02 May 2018 1:03 PM

The government is not considering cutting excise duty on petrol and diesel yet as rates have not touched levels that could trigger such an action, said Economic Affairs Secretary Subhash Chandra Garg.

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 Apr 2018 5:54 PM

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 Apr 2018 4:57 PM

Centre sees cash crunch ease

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

20 Apr 2018 1:28 AM

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 year.

03 Apr 2018 8:43 AM

Indian economy will continue to have V-shaped recovery: Garg

In first quarter of current fiscal, GDP grew at 5.7 pc, while the second quarter growth stood at 6.5 per cent.

09 Mar 2018 11:11 AM

India has recorded an average growth rate of 7.5 per cent in the first three years of the Modi government. (Photo: File)

Double-digit difficult for India, but 8 pc economic growth possible by 2021

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

04 Feb 2018 2:12 PM

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 Session, 2018.

04 Jan 2018 2:20 AM

The government is only seeking Rs 13,000 crore of surplus lying with the central bank, Economic Affairs Secretary Subhash Chandra Garg has said. (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

Stick to ethics in algo trading: Economic Affairs Secy to traders, exchanges

Institutional investors use algorithms in trading leaving retail investors at a disadvantage.

28 Aug 2017 12:41 PM

The RBI, in its third bi-monthly monetary policy of the fiscal, reduced the repo rate after a gap of almost 10 months.

Rate cut is an important step for growth: Centre

The government had been pitching for a rate cut to boost economic growth amid retail inflation falling to a historic low of 1.54 per cent in June.

03 Aug 2017 3:45 AM

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Farrukh Dhondy