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June 20, 2013
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p chidambaram
New financial products needed to push infrastructure development: FM
Development of infrastructure and expansion of financial products such as Infrastructure Debt Funds (IDFs) and takeout finance are crucial to the country achieving 8 percent growth, Finance Minister P Chidambaram said here on Tuesday.
FDI caps in different sectors could be revisited: FM
Foreign investment limits in different sectors where ceilings are not serving their intended purpose will be revisited, Finance Minister P Chidambaram Monday said.
Quick-fixes cannot solve economic worries, long-term view needed: FM
P Chidambaram further said the government will announce steps by the end of this month or next month to boost investment and growth.
Govt to consider all views on gas price hike: FM
Amidst row over a proposal to raise natural gas price, Finance Minister P Chidambaram on Thursday said the government will take a decision on the issue keeping "larger interest" in mind.
No need to panic over rupee slide; steps to check volatility: FM
Finance Minister P Chidambaram on Thursday said there is no need of panic over rupee depreciation against the dollar and assured investors that policymakers will take steps to curb volatility in the forex market.
Govt rules out further duty hike on gold imports
With dip in gold imports, government on Thursday ruled out any further hike in customs duty and said economic indicators like CAD will improve drastically if Indians do not import it for a year.
Sebi board to take up Chandrasekhar panel report on Jun 25: FM
He said the Securities and Exchange Board of India (Sebi) will consider the report in next Board meeting on June 25 and after discussions final view would be taken.
Steps to push reforms, investment soon: Chidambaram
In a bid to accelerate the process of economic reforms and spur investment, government will soon decide on coal and gas pricing and review FDI cap in various sectors including defence, Finance Minister P Chidambaram said on Thursday.
FM holds meeting with key officials on rupee slide
Faced with the depreciating rupee, Finance Minister P Chidambaram on Wednesday held meeting with top officials and is understood to have discussed steps to check its slide against the US dollar.
Changes in DTC bill to be tabled in Monsoon Session: FM
The government will introduce changes to the Direct Taxes Code (DTC) bill that would integrate its various versions, in the forthcoming Monsoon Session, Finance Minister P Chidambaram said here Thursday.
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