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Department of Economic affairs

Rs 75 Coin Launched: How to Get Your Hands on Commemorative Coins

Rs 75 Coin Launched: How to Get Your Hands on Commemorative Coins

Thu, Jun 01, 2023

On May 28, Prime Minister Narendra Modi released Rs 75 coin to commemorate the inauguration of the new Parliament building. The Department of Economic Affairs has said that the coin weighs about 35.35-34.65 grams.

India Have Enough Forex Reserves, Says Secretary Of Department Of Economic Affairs

India Have Enough Forex Reserves, Says Secretary Of Department Of Economic Affairs

Tue, Sep 27, 2022

Due to the strength of the dollar, there has been pressure in the currency of the world. India have enough Forex reserves, says Secretary of Department of Economic Affairs. Watch this video for more details.

Consultation paper on crypto almost ready; to be submitted soon: DEA Secretary Ajay Seth

Consultation paper on crypto almost ready; to be submitted soon: DEA Secretary Ajay Seth

Mon, May 30, 2022

Economic Affairs Secretary Ajay Seth on Monday said a consultation paper on cryptocurrencies has been finalised and it will be submitted soon

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Govt to borrow Rs 4.88 lakh cr in first half of FY21: DEA Secretary Atanu Chakraborty

Govt to borrow Rs 4.88 lakh cr in first half of FY21: DEA Secretary Atanu Chakraborty

Tue, Mar 31, 2020

Government will borrow Rs 4.88 lakh crore in the first half of fiscal 2020-21 starting April 1 to shore up resources amid a war it is wagging to contain economic fallout of coronavirus pandemic, DEA Secretary Atanu Chakraborty said on Tuesday

Borrowings calender for FY20 to be out today: Here is what you should expect

Borrowings calender for FY20 to be out today: Here is what you should expect

Fri, Mar 29, 2019

The approval from Election Commission has come, and the Department of Economic Affairs (DEA) secretary will lay out the ways and means of fund raising from the market later in the day.

Downward revision of current fiscal growth does not indicate economic slowdown: Garg

Downward revision of current fiscal growth does not indicate economic slowdown: Garg

Fri, Mar 01, 2019

"GDP estimates for 2018-19 released today needs to be viewed in correct perspective. Downward revision to 7 per cent from 7.2 per cent in 1st Adv Est is against revision of GDP of 2017-18 from 6.7 per cent to 7.2 per cent.'' said Economic Affairs Secretary Subhash Chandra Garg.

FinMin giving final touches to recap bonds, FM nod likely soon

FinMin giving final touches to recap bonds, FM nod likely soon

Wed, Nov 29, 2017

The Department of Financial Services, in consultation with the Reserve Bank of India, has submitted proposals to the Department of Economic Affairs, which is working on the final structure, a government official said, adding that the final structure will be known in the next few days after approval from the finance minister.

Finance Ministry appoints Sanjeev Sanyal as Principal Economic Adviser

Finance Ministry appoints Sanjeev Sanyal as Principal Economic Adviser

Fri, Feb 03, 2017

In 2007, Sanyal was awarded the Eisenhower Fellowship for his work on urban issues and was also honoured by the Singapore government at the World Cities Summit 2014.

Demonetisation: Govt reduces withdrawal limit, eases rules for farmers

Demonetisation: Govt reduces withdrawal limit, eases rules for farmers

Thu, Nov 17, 2016

Department of Economic Affairs (DEA)'s Secretary, Shaktikanta Das on Thursday announced new rules pertaining to the demonetisation move by the government. The rules include the following: 1. Exchange of old currencies have been reduced to Rs 2000 from Rs 4500 from November 18.

Indian bond market at critical stage: Shaktikanta Das

Indian bond market at critical stage: Shaktikanta Das

Tue, Sep 27, 2016

Shaktikanta Das, Joint Secretary of Department of Economic Affairs said,"Indian bond is in critical stage and more need to be done for making more vibrant. Global economic situation is volatile. "

India's external debt rises by 2.2% to $ 485.6 billion

India's external debt rises by 2.2% to $ 485.6 billion

Mon, Sep 19, 2016

“India’s external debt has remained within manageable limits in 2015-16 as indicated by the increase in foreign exchange reserves to debt ratio to 74.2%, the external debt-GDP ratio of 23.7%, and fall in short term debt to 17.2%, said Department of Economics.

DEA raises questions over e-commerce guidelines

DEA raises questions over e-commerce guidelines

Tue, Sep 13, 2016

The Department of Economic Affairs has raised questions over implementation of e-commerce guidelines, arguing that it may not be possible to stop online firms from influencing product prices.

Global Innovation Index: India moves up to 66th rank this year

Global Innovation Index: India moves up to 66th rank this year

Tue, Aug 16, 2016

Global Innovation Index (GII), a ranking co-published by Cornell University, INSEAD and World Intellectual Property Organization (WIPO), an agency of the United Nations) saw India's ranking jump to 66 this year from 81 in 2015.

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