P Chidambaram is the country's new Finance Minister. He takes over from Prime Minister Manmohan Singh who had been holding temporary charge after Pranab Mukherjee, who is now President, resigned. Sushil Kumar Shinde takes over as Home Minister, the portfolio Mr Chidambaram held. And Veerappa Moily, Corporate Affairs Minister, will also handle the power ministry, which Mr Shinde held.