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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.

Modi has `deep flaws` in his character, stands for crony capitalism: Chidambaram

Last Updated: Monday, March 31, 2014, 16:29

Finance Minister P Chidambaram on Monday hit out at BJP Prime Ministerial candidate Narendra Modi`s brand of capitalism as "crony capitalism", said there are "deep flaws" in his character and warned people against the "danger" from one individual taking over the party, cabinet and government.

BJP accuses Chidambaram of taking economy to `complete mess`

Last Updated: Sunday, March 30, 2014, 13:25

BJP accuses Chidambaram of taking economy to `complete mess` as senior Bharatiya Janata Party leader and former finance minister Yashwant Sinha took a dig at outgoing FM P Chidambaram saying that the Bombay Stock Exchange`s sensitive index`s rise coincided with the announcement that the latter wasn`t contesting Lok Sabha polls 2014.

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).

Bad loans biggest challenge facing public sector banks: FM

Last Updated: Wednesday, March 05, 2014, 15:25

The Minister also said the banks recovered Rs 18,933 crore worth of bad loans during the April-December period.

High bad loans biggest challenge for public sector banks: FM

Last Updated: Wednesday, March 05, 2014, 14:07

Finance Minister P Chidambaram on Wednesday said that high bad loans will remain biggest challenge for public sector banks.

Security stepped up at Chidambaram`s residence

Last Updated: Monday, March 03, 2014, 21:01

Security was stepped up at the residence of Chidambaram at Managiri in the district after a computer generated notice, signed by a pro-Tamil outfit, was found near his house.

G20: India's economic woes due to internal issues, says German Minister

Last Updated: Saturday, February 22, 2014, 18:34

Putting the blame for India's economic woes on its internal issues, German Finance Minister Wolfgang Schaeuble has said New Delhi should not attribute its problems to monetary polices of developed nations.