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  FM P Chidambaram calls for high level of probity in capital market

  December 14, 2013 21:36 IST

  Mumbai: Pitching for high level of probity, Finance Minister P Chidambaram today said Indian capital markets are facing many concerns including low level of retail participation, which needed to be addressed urgently."It is important that

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  Chidambaram says some functions of RBI need to be revisited

  December 14, 2013 21:12 IST

  Mumbai: Finance Minister P Chidambaram today pitched for limiting the Reserve Bank's mandate to monetary policy formulation and banking regulation, and for delegating its other functions to government or other regulators. "It (RBI) is the

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  Finance Minister P Chidambaram seeks Vodafone's views on tax issue in writing: Official

  December 10, 2013 23:13 IST

  New Delhi: Finance Minister P Chidambaram has asked UK-based Vodafone Group, which is facing a taxliability of over Rs. 11,200 crore in India, to give its view on the long-pending matter in writing, a senior

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  HSBC sees fiscal deficit breaching 5% mark in FY14

  December 09, 2013 22:26 IST

  Mumbai: Foreign lender HSBC today said the Government's fiscal deficit target of 4.8 per cent for FY14 is likely to be breached as the revenue growth has slowed, while expenditure has gone up in the

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  BJP demands Chidambaram apology for remarks on Modi

  Politics | December 02, 2013 12:00 IST

  New Delhi: The BJP Sunday demanded apology from Finance Minister P. Chidambaram over his sarcastic remarks on Narendra Modi's views on the economy.The party said the minister's comments betray "incapacity and frustration" of the Congress

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  PM inaugurates Bharatiya Mahila Bank, Sonia attends function

  India | November 19, 2013 17:17 IST

  Mumbai: The first all-women Bharatiya Mahila Bank, a pioneering initiative to empower women, was today launched with a corpus of Rs 1,000 crore to function as a universal bank.Coinciding with the 96th birthday of late

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  Modi is a challenger for Cong: Chidambaram

  Politics | November 10, 2013 15:34 IST

  Panaji: Union Finance Minister P Chidambaram today acknowledged that the Congress party considers BJP's prime ministerial candidate Narendra Modi as a “challenger.” “As a political party, we acknowledge that he (Modi) is a challenger. We cannot

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  Standard Chartered Bank sees marginal breach in FY'14 fiscal deficit target

  November 07, 2013 22:17 IST

  Mumbai: Standard Chartered Bank today warned of a 0.2 per cent slippage in fiscal deficit at 5 per cent of India's GDP due to slower revenue growth. "Our base case is a fiscal deficit of

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  Montek Singh Ahluwalia pitches for more Free Trade Agreements

  November 06, 2013 20:59 IST

  New Delhi: Coming out in favour of free trade pacts, Planning Commission Deputy Chairman Montek Singh Ahluwalia said that India "clearly and unambiguously" needs to ink more such agreements. India has signed free trade pact

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  BJP will regret projecting Modi's 'larger than party' image: Chidambaram

  Politics | November 05, 2013 20:29 IST

  New Delhi: Finance Minister P Chidambaram today said BJP is making a mistake by projecting Narendra Modi larger than the party and it would realise this in the near future."The BJP has projected a person

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  Chidambaram meets Karunanidhi over CHOGM issue

  Politics | November 02, 2013 17:35 IST

  Chennai: With political parties in Tamil Nadu stepping up pressure on Centre for boycott of CHOGM at Colombo this month, Union Finance Minister P Chidambaram met DMK chief M Karunanidhi here today and said no

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  Current account deficit to be around $60 billion: Chidambaram

  November 01, 2013 21:44 IST

  New Delhi: Finance Minister P. Chidambaram today said India's current account deficit (CAD) would come down and be around $60 billion owing to rising exports and import controls initiated by the government."The current account deficit

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  Government will meet fiscal deficit target, Mayaram says

  October 31, 2013 20:58 IST

  New Delhi: The government will meet the fiscal deficit target of 4.8 percent of GDP for the current financial year, a top Finance Ministry official said on Thursday."We will meet the fiscal deficit target for

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  US tapering: FM wants regulators to take preventive steps

  October 24, 2013 23:54 IST

  New Delhi: Finance Minister P Chidambaram Thursday asked financial sector regulators, including RBI and SEBI, to take preventive steps to neutralise the impact of US Federal Reserve's monetary stimulus tapering that is likely early next

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  UPA will be voted back to power, Chidambaram tell his US audience

  Politics | October 11, 2013 15:09 IST

  Washington: Union Finance Minister P Chidambaram is confident that the UPA government will be voted back to power for a third consecutive term  in upcoming general elections slated to be held in 2014.Chidambaram who is

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  Consumers to get cheaper loan for auto,consumer goods purchase

  October 03, 2013 19:38 IST

  New Delhi: Ahead of the festival season, public sector banks will provide cheaper loans for auto and consumer goods purchases with a view to stimulating demand. Banks would lower lending rates as the government today

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  Initiatives on Kashmir should be taken forward: Chidambaram

  Politics | October 02, 2013 12:15 IST

  Srinagar: Union Finance Minister P. Chidambaram said that initiatives taken by him on Kashmir when he was the home minister should be "carried forward"."I wish the interlocutors' report and the initiative taken by the all-parties

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  Initiatives on Kashmir should be taken forward: Chidambaram

  India | October 02, 2013 11:40 IST

  Srinagar: Union Finance Minister P. Chidambaram said that initiatives taken by him on Kashmir when he was the home minister should be "carried forward"."I wish the interlocutors' report and the initiative taken by the all-parties

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  Open more branches outside state also: Chidambaram to J&K Bank

  India | October 02, 2013 8:26 IST

  Srinagar: Union Finance Minister P Chidambaram yesterday suggested J&K Bank to expand its branch network outside the state also, saying it would boost the confidence of traders and businessmen from the state.“Open more branches outside

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  2G scam: JPC gives clean chit to Manmohan, Chidambaram

  Politics | September 27, 2013 21:40 IST

  New Delhi:  After two-and-half years, a parliamentary panel today finally gave a clean chit to Prime Minister Manmohan Singh and Finance Minister P. Chidambaram of any wrongdoing while blaming former telecom minister A. Raja in