P.chidambaram

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  Frequent Rule Change For People's Benefit: PM Modi On Notes Ban In Mann Ki Baat

  Prime Minister Narendra Modi today said the frequent changes in rules that have been made following the currency ban were being questioned, but they were being made for the betterment of the people.

• WEF 2014: BRICS on rebound mode, India to clock steady GDP in next 3 years

  The global financial crisis, had hit the BRICS economies - Brazil, Russia, India, China and South Africa, but these countries are likely to rebound, with India likely to clock "steady" GDP growth in next three years.

• WEF 2014: BRICS on rebound mode, India to clock steady GDP in next 3 years

  The global financial crisis, had hit the BRICS economies - Brazil, Russia, India, China and South Africa, but these countries are likely to rebound, with India likely to clock "steady" GDP growth in next three years.

• Government has no designs on God's gold to tide over crisis, clarifies minister

  The government has no designs on temple gold to tide over its financial crisis, the finance ministry today clarified, after the central bank's recent note asking temples to assess their gold stocks caused a stir.

• Government will take hard decisions to curb inessential imports: Chidambaram

  Describing inflation as the worst form of taxation which hit the poorest the most, he said, the government would be coming out with more measures to deal with the price situation.

• Chidambaram's struggle: Surrounded by ministers who can't spot an economic crisis

  Finance Minister P. Chidambaram, already struggling to convince doubters that he will keep the country's hefty fiscal deficit under control, made a last-minute attempt to trim the huge cost of the plan, estimated at about $20 billion a year.

• Chidambaram says rupee has overshot true level

  The rupee weakened to 65 to the dollar in opening trade after the lower house of Parliament approved a plan worth nearly $20 billion to provide cheap grain to the poor.

• Banks cannot have policies different from government: FM

  Finance Minister said every individual with earning capacity has the right to avail of banking services. Banks will ensure that all those eligible to receive loans get them, he said.

• Mayaram meets top officials on steps to arrest rupee fall: report

  Continuing the discussions initiated by Finance Minister P Chidambaram yesterday, economic affairs Secretary Arvind Mayaram held a meeting of senior officials, including Additional Secretary (Capital Markets) K P Krishnan and top tax officials.

• Government to further liberalise FDI policy: Chidambaram

  Addressing media on completion of one year as Finance Minister, he exuded confidence that economy would record a growth rate of 5.5 to 6 per cent in the current fiscal, up from 5 per cent a year ago.

• Gold imports dropped in June and July: Finance Minister

  India is hoping to contain gold imports well below 845 tonnes that were shipped last year, Chidambaram said, a week after the central bank restricted imports further, by tying imports to exports volumes.

• Subbarao to move on, search for successor begins: report

  Subbarao, whose terms ends in September, told Reuters earlier this month he wants to move on but media speculation continued that he would be offered an extension as some believe the government would prefer to make no changes until the national elections in May.

• PM to meet ministries on July 30 on DBT implementation

  To be attended by Finance Minister P Chidambaram, the meeting is likely to discuss the contours of the scheme and streamlining the transfer of LPG subsidy through the Aadhaar platform.

• All bank branches to have one ATM before March, 2014: FM

  Inaugurating the 5999th branch of Punjab National Bank at nearby Tirupattur, he said orders had been issued to all nationalised banks in this regard and their CMDs had been asked to implement the same in the current financial year.

• India will achieve revenue target in 2013-14: Chidambaram

  Asia's third-largest economy expects to mop up Rs. 13, 300 crore through direct taxes and Rs. 4,700 crore through indirect taxes in 2013/14, the federal budget document shows.