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Rajan hints at gradual easing of gold import curbs

Last Updated: Wednesday, April 02, 2014, 19:42

Earlier this week, Finance Minister P Chidambaram had indicated that the government might further ease restrictions on gold imports after the monetary policy.

Switzerland not sharing information on bank accounts of Indians: FM

Last Updated: Thursday, March 27, 2014, 12:33

Chidambaram, in a terse two-page letter to his Swiss counterpart Eveline Widmer Schlumpf, reminded him of the April 2009 declaration adopted by G20 leaders stating the "era of bank secrecy is over."

'Current account deficit to be less than $40 billion'

Last Updated: Friday, March 07, 2014, 18:34

The CAD narrowed to USD 26.9 billion in the first half (April-September) of 2013-14.

Economy more stable today; new bank licences in a few weeks

Last Updated: Friday, March 07, 2014, 13:46

Seeking to paint a rosy picture, Finance Minister P Chidambaram on Friday said the fiscal and current account deficits are under control and the economy is more stable than it was 18 months ago.

Economy more stable now than 18 months ago: Chidambaram

Last Updated: Friday, March 07, 2014, 13:27

India's current account deficit (CAD) will be contained at below USD 40 billion, Finance Minister P Chidambaram said on Friday.

Gold import curbs to be reassessed after final CAD figures: FM

Last Updated: Thursday, March 06, 2014, 13:37

Faced with intense pressure to relax gold import curbs, the government on Thursday said it will review the decision after getting final figures of the current account deficit (CAD).

Hero MotoCorp to reduce prices up to Rs 4,500

Last Updated: Wednesday, February 19, 2014, 17:48

Hero MotoCorp has decided to cut prices up to five percent to pass on the benefit of excise duty cut announced by Union Finance Minister P Chidambaram in his interim Budget.

India's GDP growth will not be less than 5% in 2013-14: FM

Last Updated: Saturday, February 08, 2014, 17:29

The minister said he was particularly happy that agriculture growth has been estimated at 4.6 percent for 2013-14.

FM satisfied with 4.9% growth, expects pick up in next fiscal

Last Updated: Saturday, February 08, 2014, 11:02

Chidambaram said he was particularly happy that agriculture growth has been estimated at 4.6 percent for 2013-14.

Chidambaram hails Tamil Nadu for good economic condition

Last Updated: Monday, February 03, 2014, 02:15

Chidambaram said that the "easy way" for people to understand economics was to study the transaction or usage of money in the country, as had been exemplified by Tamil Nadu.

Despite good economic growth, Cong isolated politically: FM

Last Updated: Tuesday, December 24, 2013, 21:16

Despite the country showing good economic growth in the last ten years, Congress has become politically isolated at the all-India level and party leaders should find ways to overcome this, Union Finance Minister P Chidambaram said Tuesday.

FM wants to increase retail investor base from 1.6 cr to 15 cr

Last Updated: Saturday, December 14, 2013, 21:33

Finance Minister P Chidambaram Saturday said he looks forward to seeing the number of retail investors increasing from 1.6 crore at present to 15 crore.