Chidambaram Rs 15

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  Chidambarams Among 15 Charged In INX Media Case, Accused Of Taking Rs 10 Lakh

  Former Finance Minister P Chidambaram, his son Karti Chidambaram, and 13 others including senior bureaucrats and private companies were accused of causing losses to the government in a charge-sheet filed by the Central Bureau of Investigation or CBI before a Delhi court on Friday in the INX Media corruption case.

• RBI More Conscious About Both Growth, Inflation Says Chidambaram

  He said the total capital requirement for state-run banks is Rs 45,500 crore ($7.6 billion) in 2014/15 fiscal year, much lower than the Rs 11,300 crore provided for recapitalisation in the interim budget in February.

• Interim Budget 2014: Subsidy bill pegged marginally higher at Rs 2.5 lakh crore

  The government has increased the food subsidy by a whopping Rs 23,000 crore to Rs 1,15,000 crore for 2014-15 fiscal mainly for implementation of the National Food Security law.

• Government's FY15 borrowing seen at Rs 6.25 lakh crore

  J.P.Morgan expects India's gross borrowing for 2014/15 to be in a range of Rs 6.1 lakh crore to Rs 6.4 lakh crore.

• Unclaimed deposits of Rs 3,652 crore lying with banks: Chidambaram

  Banks have as much as Rs 3,652 crore of unclaimed deposits lying with them, with State Bank of India (SBI) alone accounting for about 15 per cent of the amount, the government informed Parliament on Friday.

• Govt may cut Plan expenditure by Rs 80,000 crore to meet fiscal target: report

  Committed to contain fiscal deficit within the redline drawn by Finance Minister P Chidambaram, the government may trim planned expenditure by over Rs 80,000 crore or about 15 per cent of the budgeted amount in the current fiscal, according to a top government official.

• Government eyes Rs 90,000 crore rollover of subsidy costs into next budget

  Finance Minister P. Chidambaram is finding it harder and harder to meet the government's budget promises and may sweep as much as $15 billion in subsidy costs into next year's accounts to ensure he hits fiscal targets ahead of national elections, ministry officials say.

• Chidambaram says he made no dig at middle class; BJP doesn't buy explanation

  Home Minister P Chidambaram says a controversial statement he made about the country's middle class yesterday did not "mock or chide anyone," but the BJP is not buying his argument.

• 'Deliberate distortion' of my comments, says Chidambaram: Full statement

  Home Minister P Chidambaram while addressing a press conference in Bangalore yesterday had made a comment that people were prepared to pay Rs 15 for a bottle of water and Rs 20 for a cone ice-cream, but protest against rise in wheat and rice price. However today, the Union Minister issued a press statement to clarify his stand.

• Chidambaram 'disgusted', says he made no dig at middle class

  Home Minister P Chidambaram has said that he is "shocked and disgusted" by a newspaper report that states he mocked the middle class for complaining about rising prices. In a statement today, Mr Chidambaram described the report as "a deliberate distortion" of his comments.

• Citizens willing to pay Rs 15 for bottle of water, but won't pay Rs 1 more for a kilo of rice: Chidambaram

  Chidambaram, food prices, inflation, Chidambaram on food prices, chidambaram on economy

• Govt extends 1% housing loan interest scheme by one year

  The government today extended by one year the one per cent interest subsidy scheme on housing loans of up to Rs 15 lakh, where the cost of the house does not exceed Rs 25 lakh.