Economic Affairs Secy Arvind Mayaram has been designated as the new Finance Secretary in a statement issued by the Appointments Committee o...

The overhaul in the classification had been announced by P Chidambaram in budget for 2013-14, which will be announced in his vote-on-accoun...

Government is considering to split overseas inflows into two categories -- Foreign Portfolio Investment (FPI) and Foreign Direct Investment.

Since its being set up in January 2006, the PPPAC has approved 272 central sector projects worth Rs 2,96,579.6 crore, the ministry said.

The government had set up a four-member committee headed by Mayaram to define FDI and FIIs and remove the ambiguity between them.

The economic growth fell to a decade low of 5%in 2012-13 fiscal. FM had last week said the growth will be between 5-5.5% this fiscal.

In his budget speech, Finance Minister P Chidambaram had proposed to follow the international practice with regard to defining FDI and FII.

A high-level panel headed by Economic Affairs Secretary Arvind Mayaram will finalise by the month end its report on the definition of FDI a...

These include a bumper harvest, $30 billion of investment proposals in the pipeline and spending by state governments .

Information and Broadcasting minister Manish Tewari today held consultations with representatives of print and the broadcasting industry on...

A government panel today proposed raising foreign investment limits in sectors like defence, multi-brand retail and telecommunications.

The Reserve Bank will come out with a discussion paper within 15 days on redefining Foreign Direct Investment (FDI) and portfolio investmen...

Mayaram had earlier said that there is a lot of confusion in mind of foreign investors because of distinction between FDI and FII.

The DIPP Secretary, an RBI Deputy Governor and a SEBI Wholetime Member are the other members of the "high power committee".

"5.3 per cent is the fiscal deficit target for this year. And 5.3 per cent it shall be," Economic Affairs Secretary Arvind Mayaram said.

Kelkar Committee recommended sharp reduction in subsidies on fuel, food & fertiliser, that the govt said was contrary to its policy.

Department of Economic Affairs Secretary said FM will meet heads of public sector undertakings to encourage them to move ahead with their i...