Chidambaram
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Containing trade deficit at $150 bn will be good: Chidambaram
Nov 24, 2013, 06:30 AM ISTChennai: Union Finance Minister P.Chidambaram Saturday said it will be good if the trade deficit is contained in the region of $150-155 billion this fiscal.Speaking at an interactive session with exporters, Chidambaram said the trade
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Banks supposed to implement policies of govt: FM
Nov 23, 2013, 08:32 PM ISTSivaganga: Union Finance Minister P Chidambaram today banks were supposed to implement policies of the government.Declaring open branches of the United Bank of India at Mathakupatti and Kallal in the district today, he said people
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Push for exports, cash in on exchange rates: FM to traders
Nov 23, 2013, 05:29 PM ISTChennai: Exhorting traders to push exports by cashing in on attractive exchange rate, Finance Minister P Chidambaram today said imports cannot be “compressed” too much as they are the lifeline of many domestic industries.“The trade
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Competing demands result in shortchange in some sectors: Finance Minister
Nov 19, 2013, 11:52 PM ISTMumbai: Against the backdrop of Bharat Ratna nominee CNR Rao's outburst over inadequate funding for science, Finance Minister P Chidambaram today said competing demands from various departments do result in some sector getting short-changed.“If the
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Ratan Tata has Sachin-like charisma in India Inc: Chidambaram
Nov 16, 2013, 10:50 AM ISTNew Delhi: Finance Minister P. Chidambaram, on Friday, gave away the CII President's award to Tata Group Chairman Emeritus Ratan Tata for his remarkable contribution to industry and national building.While comparing the industrialist to Sachin
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Economy to grow at 5 to 5.5 pc in 2013-14: Chidambaram
Nov 15, 2013, 07:51 PM ISTMumbai: With the greenshoots of recovery visible, Finance Minister P Chidambaram today exuded confidence that the economy will pick up in the second half and record a growth of 5-5.5 per cent in 2013-14.He, however,
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No business can survive if every decision is questioned: Chidambaram
Nov 15, 2013, 04:27 PM ISTNew Delhi: Confident of achieving 5 to 5.5 per cent growth in the current fiscal, Finance Minister P Chidambaram today said the green shoots are visible and measures taken by the government will help the
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Finance Minister exhorts service tax defaulters to come clean
Nov 14, 2013, 10:37 PM ISTNew Delhi: Asking service tax defaulters to take advantage of the amnesty scheme, Finance Minister P Chidambaram today said the government could not have come out with a better offer for them to come clean.Addressing
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Don't question policy, Chidambaram tells CBI
India | Nov 12, 2013, 04:53 PM ISTNew Delhi: Describing the CBI as a "caged bird or the Congress Bureau of Investigation" is incorrect, Finance Minister P. Chidambaram said Tuesday, noting the investigative agency must confine itself to policing and not question
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PM may not attend CHOGM summit in Sri Lanka
India | Nov 08, 2013, 10:19 PM ISTNew Delhi: Prime Minister Manmohan Singh is unlikely to go to Sri Lanka to attend the CHOGM summit in view of the strong sentiments in Tamil Nadu against the visit. At a meeting of the
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Confident of containing CAD below $60 billion: Chidambaram
Nov 05, 2013, 05:16 PM ISTNew Delhi: Finance Minister P Chidambaram today exuded confidence that India's current account deficit(CAD) will be contained below USD 60 billion this financial year as against an earlier estimate of USD 70 billion.“We think we
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FIPB gives go ahead to Tata-SIA airlines
Oct 24, 2013, 08:48 PM ISTNew Delhi: The Foreign Investment Promotion Board (FIPB) today gave its green signal to Singapore Airlines to start a full-service airline in partnership with Tata Sons entailing an initial foreign investment of USD 49 million.
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Government concerned about bad loans, will monitor large NPAs: P Chidambaram
Oct 22, 2013, 11:48 PM ISTNew Delhi: Attributing rising bad loans in the banking sector mainly to large borrowers, Finance Minister P Chidambaram today said the government will monitor 30 NPA accounts of each PSU bank to recover dues and
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Top 30 NPA accounts of PSU banks under government scanner: FM
Oct 22, 2013, 04:50 PM ISTNew Delhi: Concerned over defaults by big borrowers, Finance Minister P Chidambaram today said the government is monitoring the top 30 NPA accounts in each PSU bank and asked the lenders to set up separate
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I don't know why Tamil people sent Chidambaram to Delhi: Modi
National | Oct 19, 2013, 12:11 PM ISTChennai: BJP prime ministerial candidate Narendra Modi today lashed out at the UPA and asked why the people of Tamil Nadu sent this man (Chidambaram) to Delhi. He was speaking to the audience after delivering
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No question of government taking over NSEL:Chidambaram
Oct 14, 2013, 03:49 PM ISTWashington: Ruling out takeover of the crisis -ridden NSEL, Finance Minister P Chidambaram has said that its parent group Financial Technologies and another related entity MCX-SX are under watch and persons responsible for the alleged
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India asks WB and MDBs to ensure infrastructure devolepment finance
Oct 12, 2013, 04:52 PM ISTWashington: India has asked the World Bank and other Multilateral Development Banks to create special windows for ensuring finance for infrastructure development which should include provision to help projects that face a sudden scarcity of
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Will contain CAD below $70 billion: Chidambaram
Oct 05, 2013, 05:15 PM ISTBangalore: Asserting that the government has the capacity to overcome “this period of stress”, Union Finance Minister Chidambaram today said the current account deficit will be contained below USD 70 billion this fiscal.“Last year I
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Rupee up 73 paise to seven-week high of 61.73 against dollar
Oct 03, 2013, 07:53 PM ISTMumbai: The rupee appreciated by a further 73 paise to close at an almost seven-week high of 61.73 against the dollar today as the US currency weakened globally following the budget impasse in Washington and
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Govt plans cut in non-plan spending;fiscal gap to be met: FM
Oct 02, 2013, 04:02 PM ISTSrinagar: As the fiscal deficit numbers reached three-fourths of the budget estimate in the first five months of the fiscal, Finance Minister P Chidambaram has said the government is planning to trim non-plan expenditure to