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Tag: P Chidambaram

CBI raids Chidambaram's Chennai residences

Chennai: The CBI on Tuesday raided the residences of former Finance Minister P. Chidambaram and his son Karti in Chennai, Delhi and various other places alleging he could have benefited to the tune of Rs 3.5 crore for helping in the clearance of an FIPB proposal of media company INX Ltd when his father was […]

P Chidambaram
Probing Chidambaram's role in Aircel-Maxis deal: CBI to court

The CBI on Monday told the special 2G court hearing the Aircel-Maxis case that the FIPB approval given by former Finance Minister P Chidambaram in the deal was a "mistake"

P chidambaram
FM asks regulators to be alert, curb excessive volatility

Concerned over the sudden spurt in stock markets ahead of poll results, Finance Minister P Chidambaram today asked regulators, including Sebi and RBI, to remain alert and take necessary actions to curb excessive volatility

P Chidambaram
Rajan's credentials outstanding, should remain RBI chief: FM

RBI Governor Raghuram Rajan has an outstanding record and the next government must respect his appointment, Finance Minister P Chidambaram said on Thursday

Chidambaram has always played fraud in Budget: Yashwant Sinha

A day after Indian Finance Minister P Chidambaram taunted him for presiding over "worst years" of Indian economy since liberalisation, BJP leader Yashwant Sinha Friday hit back saying Chidambaram has always "played fraud" in the Budget, including the interim one for the current fiscal

P chidambaram
Economic growth of 6 pc in FY15 is possible: Chidambaram

India's economy is likely to recover and achieve 6 per cent growth in 2014-15 on the back of sound economic policies and a pick-up in investment, Finance Minister P Chidambaram said on Thursday

Govt has right to set inflation target for RBI to achieve: FM

Stressing that economic stability should include steady prices, Finance Minister P Chidambaram on Friday said Parliament could set an inflation target for the Reserve Bank to achieve

G20 meeting
G20 meet begins amid clamour for transparency in Fed tapering

G20 ministers on Saturday began their two-day deliberations to work out a "real and tangible framework" to push global growth amid clamour for a more transparent tapering programme by the US Fed Reserve with a view to reducing volatility in the global financial markets

agri credit
Agri credit to cross Rs 7 lakh cr; exports to surge over $45 bn

Agriculture credit is likely to exceed the target of Rs 7,00,000 crore while farm exports are expected to increase to over USD 45 billion in the current fiscal, Finance Minister P Chidambaram said on Monday

P Chidambaram
Fiscal deficit will be contained at 4.6 pc of GDP: Chidambaram

The government on Monday said the fiscal deficit for the current financial year will be contained at 4.6 per cent of GDP

FM to attend G20 meet in Australia, hold roadshows

Finance Minister P Chidambaram will visit Australia later this week to attend the G20 meeting of finance ministers and central bank governors and hold roadshows to attract investment

P chidambaram
Regulators should intervene only in grave violation cases: FM

Regulators should intervene only in cases of gross violations by companies or when there are clear cases of criminality so that they do not get over burdened, Finance Minister P Chidambaram said on Wednesday

P Chidambaram
All profit can't be used to pay higher wages: FM to bank staff

As public sector bank employees started a two-day strike on Monday seeking higher wages, Indian Finance Minister P Chidambaram said the profit of banks cannot be used only to enhance salaries because there are other obligations

P Chidambaram
Growth will not be less than 5% in 2013-14: Chidambaram

Finance Minister P Chidambaram on Saturday expressed confidence that the economic growth rate for the current financial year will be revised to not less than 5 per cent

P Chidambaram
India offers stable and non-adversarial tax regime: FM

Allying fears of global investors over taxation issues, Finance Minister P Chidambaram has said that India offers a stable and non-adversarial tax regime besides a fair and just dispute redressal mechanism

Gold comes off all-time high during 2013

Gold slipped from its peak level and was poised to end 2013 below last year's closing price after the government increased customs duty to 10 per cent and imposed import restrictions to contain increasing demand for the precious metal