He was last month appointed as Secretary in Department of Economic Affairs in place of his batchmate Arvind Mayaram, who was first shifted to Tourism and then to Minority Affairs Ministry.
Mehrishi has emerged as the top choice for the post, the sources said, adding a formal order on this is expected soon.
Bureaucrats heading disinvestment and financial services usually don't get appointed as finance secretary.
The new economic affairs secretary believes that doing more of the same cannot help; you must do things differently.
A total of 16 secretaries have been appointed to various central government departments.
Former CAG Rajiv Mehrishi says Centre has held back a report he submitted to the President, to end what he called "a nightmare of accounts that militates against good governance".
RBI had a board meeting recently.
Gauba took chargeafter incumbent Rajiv Mehrishi retired from service.
The government on Thursday said that it is examining the Tamil Nadu government's decision to remit the sentence of seven convicts in the Rajiv Gandhi assassination case but made it clear that abiding by Supreme Court's order on the issue is its constitutional responsibility.
This year, eight eminent individuals are being given Padma Bhushan and 54 are being conferred with Padma Shri awards, besides the two Padma Vibhushan recipents.
The government's decision to buy 36 Rafale fighter jets from French company Dassault has become a controversial political issue, with the main opposition party Congress levelling allegations of corruption and impropriety, and the ruling dispensation defending the move.
Convicts in the Rajiv Gandhi assassination case lodged in the Central prison in Vellore for nearly 25 years, have turned deeply spiritual.
Euro zone leaders clinched a deal with Greece on Monday.
The convicts are V Sriharan alias Murugan, T Suthendraraja alias Santhan, A G Perarivalan alias Arivu, Jayakumar, Robert Payas, Ravichandran and Nalini.
More than 120 eminent citizens, including retired high court judges and former bureaucrats, have written to President Droupadi Murmu opposing what they called "highly objectionable attempts" to legalise same-sex marriages.
Worries over Greece sparked a sell-off in emerging markets on Monday
On eve of completion of one year of the Narendra Modi government one of the not-so-debated issues has been the indecision and confusion in selecting a cabinet secretary suitable for the National Democratic Alliance government.
Department of Company Affairs on Wednesday said it has set up a five-member Task Force to initiate action within six months on the recommendations of the report of the Joint Parliamentary Committee on the stock market scam in 2001.
Arvind Mayaram, who was shunted from Finance Ministry to Tourism only a fortnight ago, has now been transferred as secretary in minority affairs ministry even before he took charge of his new post.
In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.
The opposition party also said that it would be improper on the part of Mehrishi to present the report in Parliament.
Union Tourism Minister Shripad Naik on Friday said that having Arvind Mayaram as the new secretary in the ministry would be of great help.
As counter-terrorism operations at the Pathankot air base continued for the second consecutive day, the Union government on Sunday said it was unsure if more terrorists were still holed up.
Earlier in the day, President Ram Nath Kovind accepted Murmu's resignation as the Lt Governor of Jammu and Kashmir.
Murmu made and subscribed to the oath of office before President Ram Nath Kovind, according to a Rashtrapati Bhavan statement.
Over the past six months Rajasthan has introduced some of India's most radical free-market labour, land and welfare reform.
Home Minister Rajnath Singh on Friday discussed with top officials, including National Security Adviser Ajit Doval, the security situation in the country, including the tension at National Institute of Technology Srinagar and the denial of permission to the National Investigation Agency team to visit Pakistan in connection with the Pathankot attack.
Prime Minister Narendra Modi has lauded the people for contributing wholeheartedly to the PM CARES Fund as he chaired its meeting which was also attended by newly-nominated trustees Justice K T Thomas, former deputy Lok Sabha speaker Kariya Munda and Ratan Tata, the PMO said on Wednesday.
"Unfortunately I have been down with high fever since Sunday and the doctor has advised rest for the next two days," the 45-year-old Congress leader said on micro-blogging site Twitter late Monday night.
The Home Ministry, which is often seen in conflict with the Aam Aadmi Party government on administrative issues, has asked all its officials to adopt car pooling to make the odd-even formula proposed by the city government successful.
Since combing operations in the forest near the base have not helped the security forces to find any vehicle used by the second team of terrorists, it is assumed that a local Jaish-e-Mohammed unit must have dropped them close to the base.
The Narendra Modi government on Monday sprang a surprise when it appointed senior IAS officer Rajiv Mehrishi as Union home secretary in place of incumbent L C Goyal, who sought voluntary retirement after taking over the charge seven months ago.
Lack of consensus on 'how not to let Jignesh Shah get away' could become a huge embarrassment for the government.
Rahul is scheduled to address a rally of the Congress-Dravida Munnetra Kazhagam alliance on Tuesday at Karaikal in Puducherry.
Indian economy is expected to expand at 8.5-9 per cent over 10-15 year time frame once the structural issues hampering growth are addressed by the government.
Immediately after exploding, it emits gas which causes breathing difficulty and irritation in eyes.
The DDCA probe panel chief has informed the Centre that he was under "pressure" for naming some individuals, including a "VIP", in his report on the cricket body's affairs.
Bedi had cancelled the order of Narayanasamy banning the use of social media for official communication.
India's software and engineering exports may take a hit and the country may also face larger capital outflows.
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