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P. Chidambaram

October trade deficit jumps, but trends seen positive

General

11 November, 2013

October trade deficit jumps, but trends seen positive

India's trade deficit jumped in October, rebounding from a 2-1/2 year low the previous month, as purchases of gold picked ......

India to stick with austerity despite looming election: FM

General

08 October, 2013

India to stick with austerity despite looming election: FM

The government will have to rein in spending and cut subsidies to meet its fiscal deficit target, the finance minister ......

RBI will issue seven banking licences, says finance minister

General

07 October, 2013

RBI will issue seven banking licences, says finance minister

Finance Minister P Chidambaram has said the country’s banking regulator is expected to issue seven licences.According to reports, Chidambaram, who ......

Banks to offer cheap loans for bikes, fridges

Consumer

03 October, 2013

Banks to offer cheap loans for bikes, fridges

Indian banks will offer cheaper loans to stimulate demand for two-wheelers and other consumer durables as Finance Minister P. Chidambaram ......

Slowing economy may force Chidambaram to wield budget knife

General

03 October, 2013

Slowing economy may force Chidambaram to wield budget knife

The finance minister may have to slice at least 200 billion rupees from government spending to prevent a budget blow-out, ......

Government approves infra projects worth over $27B to kick-start investment

Infrastructure

27 August, 2013

Government approves infra projects worth over $27B to kick-start investment

The government said on Tuesday it had approved a raft of infrastructure projects worth Rs 1.83 trillion to revive economic ......

Chidambaram warns of flat Q1, says rupee undervalued

General

22 August, 2013

Chidambaram warns of flat Q1, says rupee undervalued

India's troubled economy did not rebound in the quarter that ended in June but will begin to in the rest ......

Government to lift FDI cap in some sectors by July: Finance Minister

General

25 June, 2013

Government to lift FDI cap in some sectors by July: Finance Minister

India will lift foreign direct investment (FDI) caps in some sectors by the third week of July, Finance Minister P. ......

In blow for India, S&P affirms negative rating outlook

Others

17 May, 2013

In blow for India, S&P affirms negative rating outlook

Standard & Poor's reiterated its negative outlook on India's credit rating, which is one notch above "junk", warning of the ......

Chidambaram says current account deficit could be halved in 1-2 years

General

18 April, 2013

Chidambaram says current account deficit could be halved in 1-2 years

Finance Minister P. Chidambaram said on Wednesday he expected India's current account deficit for the 2012/13 fiscal year that ended ......