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p chidambaram
Food inflation will come down with good rabi crop: Chidambaram Food inflation will come down with good rabi crop: Chidambaram Finance Minister P Chidambaram Thursday said food inflation is still high and expressed confidence that it will come down with the full harvest of rabi crops.
Govt may improve upon fiscal deficit target for FY'14: FM Govt may improve upon fiscal deficit target for FY'14: FM The government hopes to be able to improve upon the fiscal deficit target of 4.8 per cent in the current financial year without curtailing expenditure, Finance Minister P Chidambaram said on Thursday.
Pass on rate cut benefit to borrowers: FM tells banks Pass on rate cut benefit to borrowers: FM tells banks Seeking to push investment to boost growth, Finance Minister P Chidambaram on Thursday asked banks to pass on the RBI's rate cut benefit to both retail and corporate borrowers.
RBI asked banks not to sell gold coins: Chidambaram RBI asked banks not to sell gold coins: Chidambaram RBI has advised banks not to sell gold coins to retail customers, Finance Minister P Chidambaram said a day after the government increased import duty on the metal amid widening Current Account Deficit.
Some new bank licences to be given before March 2014: FM Some new bank licences to be given before March 2014: FM Finance Minister P Chidambaram on Thursday expressed hope that some new bank licences would be issued before March next year.
Rupee fall not a cause of alarm; will soon stabilise: FM Rupee fall not a cause of alarm; will soon stabilise: FM In the past eight days, rupee has weakened by over 150 paise against the dollar, amidst concerns of withdrawal of stimulus by the US administration.
Discourage customers from buying gold, FM tells banks Discourage customers from buying gold, FM tells banks Government last night hiked the import duty on gold, besides platinum to 8 percent, up by 2 percent.
FIIs pump in $4 bn in May; inflow crosses $15-bn mark in 2013 FIIs pump in $4 bn in May; inflow crosses $15-bn mark in 2013 Overseas investors have pumped in more than Rs 22,000 crore (about USD 4 billion) in the Indian stock market in May, the highest level in three months.
GoM approves Coal Regulatory Authority Bill GoM approves Coal Regulatory Authority Bill The Coal Regulatory Authority Bill will be moved to the Cabinet within ten days for its approval.
Tax dept likely to issue notices to over 10 lakh non-filers Tax dept likely to issue notices to over 10 lakh non-filers Tightening its noose on those who do not pay taxes, the Income Tax Department is likely to soon issue notices to over 10 lakh non-filers.
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