NEW DELHI: Senior civil servant Arunish Chawla has been appointed the new revenue secretary on Wednesday. Currently serving as the pharmaceuticals secretary, Chawla, who belongs to the 1992 batch of IAS officers from Bihar cadre, will head the department of revenue in the ministry of finance. This position was vacant after Sanjay Malhotra‘s appointment as…
MUMBAI: RBI governor Sanjay Malhotra on Monday asked colleagues to “strive for perfection” and support the realisation of the Viksit Bharat vision. The career bureaucrat appointed to lead the central bank “reassured” staffers that RBI, an “august institution”, is his “family” now. “I exhort you to strive for perfection in performing our critical roles as…
RBI governor Sanjay Malhotra Sanjay Malhotra, who took over as RBI’s 26th governor on Wednesday, said stability, trust and growth will remain the central bank’s core values. “India’s growth trajectory must continue, and RBI will play a key role in fostering it. Financial inclusion is central to this effort,” he said in Mumbai.The ex-revenue secretary…
MUMBAI: Outgoing RBI governor Shaktikanta Das said that restoring the inflation-growth balance is the most important task ahead for his successor Sanjay Malhotra.In his last press conference as governor, Das highlighted the importance of coordination between RBI and govt in curbing inflation. “Govt undertook a lot of supply-side measures which helped RBI check inflation. The…
Revenue secretary Sanjay Malhotra (File photo) NEW DELHI: Government on Monday sprung a surprise by naming revenue secretary Sanjay Malhotra, 56, as the 26th Reserve Bank of India governor to replace Shaktikanta Das, whose six-year stint on Mumbai’s Mint Road ends on Tuesday.After weeks of suspense, the appointments committee of cabinet zeroed in on Malhotra…
Sanjay Malhotra is an Indian Administrative Service Officer of 1990 Batch Rajasthan Cadre. Sanjay Malhotra, the Revenue Secretary, has been appointed as new Reserve Bank of India (RBI) governor by the Narendra Modi government. Malhotra will succeed Shakikanta Das whose tenure is scheduled to end on December 10, 2024. Sanjay Malhotra will be the 26th…
NEW DELHI: The revenue secretary Sanjay Malhotra has been appointed the 26th governor of the Reserve Bank of India. A 1990 Batch Rajasthan Cadre IAS Officer, Malhotra will succeed Shaktikanta Das, who concludes his term on December 10, 2024. The appointments committee of the cabinet approved Malhotra’s appointment for a three-year term, commencing Wednesday.New RBI…
NEW DELHI: The GST Council on Monday reduced the levy on some cancer drugs and travel by helicopters on a ‘seat-share basis’ to 5%, and lowered the tax on namkeen (fried snacks) from 18% to 12%. It also agreed to Centre’s proposal to exempt research and development (R&D) funded by private and public sources, including…
NEW DELHI: New Delhi: GST Council, led by finance minister Nirmala Sitharaman, on Monday announced tax exemption for research funding for higher educational institutions and research centres established under central or state laws, as well as institutions that enjoy income tax exemption.At the meeting, the Centre proposed the change, which states accepted with West Bengal…
