Chidambaram
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Growth will not be less than 5% in 2013-14: Chidambaram
Feb 08, 2014, 06:25 PM ISTNew Delhi: Finance Minister P Chidambaram today expressed confidence that the economic growth rate for the current financial year will be revised to not less than 5 per cent.“I am confident that the final estimate
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Modi's past record highly questionable: Chidambaram
National | Jan 23, 2014, 08:31 PM ISTDavos: The past record of BJP's Prime Ministerial candidate Narendra Modi is "highly questionable" and "highly controversial" which cannot be simply forgotten, Finance Minister P Chidambaram said here today."We can't say forget my past record.
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Shinde not fit to be Home Minister: Singh
National | Jan 14, 2014, 10:12 PM ISTNew Delhi: In a scathing attack on Sushilkumar Shinde, former Home Secretary R K Singh today said he is not fit to be the Home Minister and Finance Minister P Chidambaram is “100 times better”
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Service Tax amnesty scheme may fetch about Rs 6,000 cr
Jan 12, 2014, 04:04 PM ISTNew Delhi: The first-of-its-kind amnesty scheme for service tax defaulters, which ended last month, may result in realisation of about Rs 6,000 crore of additional revenue for the government.The Voluntary Compliance Encouragement Scheme (VCES), which
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Plan to open 10,000 bank branches a year from next fiscal: FM
Jan 11, 2014, 11:29 PM ISTSivaganga (TN): As part of taking banking services to rural areas, the Centre has revised its target upwards to opening 10,000 new bank branches a year, according to Union Finance Minister P Chidambaram.Earlier, there was
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Cabinet okays refund to BSNL, MTNL for 4G spectrum surrender
India | Jan 09, 2014, 10:01 PM ISTNew Delhi: The union cabinet Thursday approved refunding Rs.11,258.48 crore to MTNL and BSNL which the two state-run telecom firms had paid for fourth generation (4G) spectrum in the 2010 auction."BSNL will be refunded Rs.6,724.51
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SAIL, RINL, NMDC to achieve Rs 15,820-cr capex target in FY2014
Dec 29, 2013, 04:17 PM ISTNew Delhi: Having failed to achieve their capex targets last fiscal, three major state-owned firms - SAIL, NMDC and RINL - hope to meet cumulative Rs 15,820 crore target set for the current fiscal. Expressing
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RBI Governor meets Chidambaram, discusses economic situation
Dec 26, 2013, 11:01 PM ISTNew Delhi: RBI Governor Raghuram Rajan Thursday met Finance Minister P Chidambaram and discussed the macroeconomic situation."We exchanged our views on the current macroeconomic situation," Rajan told reporters after the meeting, which was also attended
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Sensex falls 151 points as US Fed announces cut in stimulus
Dec 19, 2013, 04:55 PM ISTMumbai: Hit by fears over the impact of the US Fed announcing a cut in its stimulus, the benchmark Sensex dived over 151 points at the close today on selling in banking, capital goods and
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Nitish makes fresh demand for grant of special status to Bihar
India | Dec 15, 2013, 10:40 PM ISTPurnia: Chief Minister Nitish Kumar today said his demand for grant of special category status to Bihar is not “an alm from the Centre” but a right and he will not rest till the Centre
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New powers very helpful; special court being set up: Sebi chief
Dec 15, 2013, 03:54 PM ISTMumbai: Armed with new powers to act against fraudsters and market manipulators, Sebi Chairman U K Sinha says the regulator has already begun utilising them in a big way and a process has been initiated
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Rahul Gandhi appeals to all parties to unitedly pass Lokpal Bill
National | Dec 14, 2013, 09:15 PM ISTNew Delhi: The Lokpal Bill appeared to be on the verge of being passed in Rajya Sabha on Monday, with Congress vice-president Rahul Gandhi today appealing to all political parties to set aside differences to
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Don't write us off: Congress; begins work on 2014 manifesto
National | Dec 13, 2013, 10:02 PM ISTNew Delhi: Putting up a brave face after the “unexpected scale of defeat” in the assembly polls, Congress today said it should not be “written off” in the Lok Sabha polls as Rahul Gandhi reached
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Inflation control high on agenda of government, Reserve Bank
Dec 11, 2013, 09:07 PM ISTNew Delhi: With high inflation being blamed for the defeat of the Congress in assembly elections, the government today said containing spiralling prices was among the top priorities on its agenda, while the Reserve Bank
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Need to restore powers of executive to boost growth: FM
Dec 07, 2013, 08:54 PM ISTMumbai: Making a strong case for a correct balance between the executive, legislature and judiciary,Finance Minister P Chidambaram today said India cannot achieve sustainable growth unless powers of the executive to govern are restored."Governance cannot
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'Mahila Bank to have a branch in every state by end of FY14'
Dec 05, 2013, 08:01 PM ISTNew Delhi: Finance Minister P Chidambaram today said a branch of Bharatiya Mahila Bank, the country's first all-woman bank, would be set up in every state by the end of this fiscal.“I assure you in
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Vodafone to invest $3 bn in Indian networks over next 2 years
Dec 04, 2013, 11:41 PM ISTNew Delhi: Notwithstanding its nearly Rs 12,000 crore tax dispute with the government, Vodafone plans to invest $ 3 billion in the next two years that will be deployed for network expansion in rural areas.
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Avail of service tax amnesty, no such offer in next 20 yrs: Chidambaram
Dec 04, 2013, 08:34 PM ISTBangalore/Hyderabad: Finance Minister P today said service tax amnesty scheme VCES is a lifetime opportunity as such offers are unlikely to come again in the next 20 years, even as he warned that evaders would
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RBI allows banks to hawk multiple insurance products
Nov 29, 2013, 11:14 PM ISTMumbai: The Reserve Bank today issued draft guidelines permitting banks to enter the insurance broking business with a strong set of riders such as mandatory disclosure of remuneration received from insurers and having dedicated staff
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GDP grows 4.8 pc in Q2; fiscal deficit, inflation up
Nov 29, 2013, 08:43 PM ISTNew Delhi: After hitting a four-year low in the first quarter, the economy grew by a higher-than-expected 4.8 per cent in the September quarter on an uptick in agriculture and factory output, although a rise