Mumbai, March 13 (IANS) Kompella Venkata Ramana Murty, a 1991‑batch Indian Defence Accounts Service officer and former Additional Controller General of Defence Accounts, has been appointed as a whole‑time member of the Securities and Exchange Board of India (SEBI) for a three‑year term, the Department of Economic Affairs said in an official statement.The government’s Appointments Committee of the Cabinet approved Murty’s appointment for a period of three years from the date he assumes ch…
Latest Department of Economic Affairs News & Updates
New Delhi, Feb 3 (IANS) Senior government officials on Tuesday welcomed the India-US trade deal, saying it has reduced uncertainty in the global economic environment and brought relief to Indian industry.Speaking at FICCI’s conference on Union Budget 2026–27, Secretary of the Department of Economic Affairs Anuradha Thakur said a ‘great deal of uncertainty’ was removed after the trade agreement was announced between India and the United States.“Despite growing geopolitical challenges ac…
New Delhi, Feb 2 (IANS) The Union Budget 2026–27 reinforces fiscal discipline while supporting sustained economic growth, with industry partnership playing a key role in India’s progress, Anuradha Thakur, Secretary, Department of Economic Affairs, said on Monday. Addressing a post-Budget interactive session organised by the Confederation of Indian Industry (CII) here, she said India’s economy has shown strong resilience despite global uncertainties, supported by a stable financial system t…
Mumbai, Jan 31 (IANS) India’s stock exchanges will hold a regular live trading session on the Union Budget 2026-27 on February 1, despite being a Sunday.Historically, Budget presentations were done on February 1 while markets have opened for trading even when the date fell on a weekend.Finance Minister Nirmala Sitharaman will present the Union Budget 2026‑27 at 11 am in the Lok Sabha on February 1.The National Stock Exchange said in a circular that “On account of the presentation of the Unio…
New Delhi, Jan 30 (IANS) Political reactions poured in on Friday after Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2025-26 in Parliament, with leaders across parties offering sharply contrasting assessments of the country’s economic trajectory, growth projections and sectoral challenges.Welcoming the findings, Uttar Pradesh Minister Anil Rajbhar highlighted India’s rapid rise in global economic rankings.“Facing the challenges of the Covid era, India became the worl…
New Delhi, Jan 17 (IANS) The Department of Economic Affairs (DEA), through policies across macroeconomics, capital markets, infrastructure, digital finance and investor protection and empowerment, has strengthened economic fundamentals and positioned India for sustained future growth, according to the government.For example, DEA guided India’s economic management, fiscal strategy, and financial sector coordination, while implementing reforms to support growth, stability, investment, and global…
New Delhi, Jan 8 (IANS) The government-backed SWAMIH Investment Fund is expected to deliver more than one lakh homes across the country, providing much-needed relief to over four lakh people who were stuck in long-delayed housing projects, Ministry of Finance said on Thursday.The Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund was launched in November 2019 after approval by the Union Cabinet chaired by Prime Minister Narendra Modi.The initiative was created to provi…
New Delhi, Jan 8 (IANS) Finance Minister Nirmala Sitharaman on Thursday held a pre-budget interaction with students of the Delhi School of Economics, led by its Director Professor Ram SinghDuring the interaction, the students put forward a wide range of suggestions on skilling, green energy, rural development, and new economy, among others, for consideration in the upcoming Union Budget 2026-27, which is likely to be presented on February 1.While delivering the Diamond Jubilee Valedictory Lectur…
New Delhi, Jan 6 (IANS) The government on Tuesday announced a major push to boost infrastructure development through public-private partnerships, with the PPP project pipeline covering 852 projects across central infrastructure ministries and states and Union Territories at a combined cost of over Rs 17 lakh crore.In line with the announcement made in the Union Budget 2025-26, the Department of Economic Affairs under the Ministry of Finance has created a three-year Public-Private Partnership pro…