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Chidambaram says Federal Reserve's statement misunderstood, calls for calm Chidambaram says Federal Reserve's statement misunderstood, calls for calm Addressing a news conference here, Chidambaram said fears that the Federal Reserve would start reversing its U.S. monetary stimulus programme were being misunderstood in stock market and investor circles.
FM pegs fuel subsidy for current fiscal at Rs 20,000 crore FM pegs fuel subsidy for current fiscal at Rs 20,000 crore A day after agreeing to dole out a record Rs 100,000 crore in fuel subsidy for 2012-13, Finance Minister P Chidambaram on Thursday said cash payouts to oil firms this fiscal will be just Rs 20,000 crore.
Chidambaram promises more reforms in coming months Chidambaram promises more reforms in coming months Asserting that the government will last its full five year term, Finance Minister P Chidambaram on Wednesday said people should expect more reforms in the second half of the year.
FM asks Finmin to implement financial reform panel views FM asks Finmin to implement financial reform panel views However, Chidambaram said changes would require considerable internal organisational strengthening, capacity building and workflow modification.
GoM on restructuring central schemes to meet tomorrow GoM on restructuring central schemes to meet tomorrow At the end of 11th Plan (March 2012), there were 173 CSS and Additional Central Assistance (ACA) schemes.
FM for plugging regulatory gaps in financial sector FM for plugging regulatory gaps in financial sector Amid outcry over Ponzi schemes causing huge losses to common people, Finance Minister P Chidambaram on Wednesday said there are regulatory gaps and efforts are being made to frame a new law to oversee financial sector.
Competition norms must not stifle growth: Chidambaram Competition norms must not stifle growth: Chidambaram Finance Minister P Chidambaram today said that competition rules in the country should not become "another bureaucracy, stifling growth".
Chidambaram for merger of banks to create 2-3 global entities Chidambaram for merger of banks to create 2-3 global entities Finance Minister P Chidambaram Monday favoured mergers in the banking industry so that India can have two-three global sized banks.
India deserves upgrade in sovereign rating: Chidambaram India deserves upgrade in sovereign rating: Chidambaram India deserves a rating upgrade in view of improvement in macro-economic situation, the conservative outlook of Standard & Poor's notwithstanding, Finance Minister P Chidambaram said here Monday.
Chidambaram to visit Dubai to woo investments Chidambaram to visit Dubai to woo investments With a view to attracting foreign investments, Finance Minister P Chidambaram will visit Dubai on May 26 and engage with sovereign wealth funds to sell the India growth story.
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