Highlights of P Chidambaram's reign as the finance ministerAs PC prepares for exit, credit for rupee recovery is going to RBI governor while the market euphoria is said to be over hopes that BJP wil...
27 Mar, 2014, 05.25 AM IST
Plan to open 10,000 bank branches a year from next fiscal: P ChidambaramAs part of taking banking services to rural areas, the Centre has revised its target upwards to opening 10,000 new bank branches a year.
11 Jan, 2014, 10.33 PM IST
Will contain current account deficit below $70 bn: Finance Minister Chidambaram"Last year we had the deficit of $88 billion, this year I'm betting at $70 billion, and I will contain it below 70 billion," Chidambaram sa...
06 Oct, 2013, 08.11 AM IST
Govt okays proposal for social security pact with QuebecThe government today cleared a proposal for a social security agreement with the Canadian province of Quebec that will benefit about 40,000...
29 Aug, 2013, 11.24 PM IST
Banks cannot have policies different from government: P ChidambaramFinance Minister P Chidambaram today said banks cannot have a policy different from the government, which wants opening of more branches na...
17 Aug, 2013, 07.30 PM IST
TRAI to start consultation process for spectrum price soonEGoM on telecom has decided to seek TRAI's fresh recommendation on spectrum price following tepid response in last two rounds of spectrum a...
11 Jul, 2013, 05.16 PM IST
Cabinet asks Agriculture Ministry to rework proposal of corporatising DMSGujarat Cooperative Milk Marketing Federation (GCMMF), which owns Amul brand, has evinced interest in running the DMS plants.
28 Jun, 2013, 02.53 PM IST
- Development cannot be measured solely on basis of freebies: P Chidambaram
Chidambaran said total business of Corporation bank was Rs 2.84 lakh crore and lauded it for being very economical in operating the branche...
22 Jun, 2013, 11.31 PM IST
- Govt okays continuation of restructured power development
CCEA has approved the Restructured Accelerated Power Development and Reforms Programme for the 12th Plan with minor changes to complete the...
21 Jun, 2013, 04.50 PM IST
Swarup panel will help 215 large stalled projects restart: P Chidambaram, Finance MinisterP Chidambaram today said a committee has been appointed to "identify and help" re-start as many as 215 large projects worth over Rs 7 lakh ...
06 Jun, 2013, 06.11 PM IST
Government will step up efforts to bring more people into tax net: P ChidambaramIn a strong message to tax evaders, the govt said that it will step up efforts to bring more people into net and to recover tax arrears.
02 May, 2013, 04.47 PM IST
No wealth tax on farm land, no roll back of duty hike on SUVs: Finance Minister P ChidambaramFinance Minister P Chidambaram today ruled out levying wealth tax on agriculture land and roll back of the duty hike on SUVs.
30 Apr, 2013, 07.09 PM IST
- Bank loans to infra projects are secured lending: Finance Ministry
FinMin said loans extended to infra projs, in the roads and power sector, will be treated as secured finance even in the absence of tangibl...
22 Mar, 2013, 07.42 PM IST
- P Chidambaram to launch CPC (TDS) tomorrow
Chidambaram will launch the Centralised Processing Cell for Tax Deducted at Source (CPC-TDS) tomorrow, a move likely to ease the compliance...
22 Feb, 2013, 06.53 PM IST
'Bihar recorded lowest per capita NSDP in 2011-12'The Finance Minister, however, said Bihar's per capita income growth during the same year at constant prices was the highest amongst the st...
20 Dec, 2012, 03.43 PM IST
- Govt expects Rs 3,864.20 cr this fiscal from clean energy cess
"The total tax revenue generated through 'Clean Energy Cess' was Rs 1,066.46 cr for 2010-11 and Rs 3,249.40 cr for financial year 2011-12.
06 Dec, 2012, 04.41 PM IST
RBI asked to finalise new bank licence guidelines: FM"We have written to the RBI and hope that the RBI will pick up the thread and finalise the guidelines," Chidambaram said.
15 Nov, 2012, 04.43 PM IST