Calling naxalism the "biggest
threat" to peace and security in the country, Finance Minister
Pranab Mukherjee on Tuesday said he is concerned about it`s spread
to economically backward areas and asked the CRPF to handle
the situation with sensitivity.
: India`s urban population will more than double to over 600 million by 2035 as increasing number of people migrate to cities because of better infrastructure and employment opportunities, finance minister Pranab Mukherjee said.
BJP demanded resignation
of Delhi Finance Minister A K Walia for his alleged links with
Amritpal Singh, owner of the collapsed building in East Delhi,
saying he should step down to ensure an impartial inquiry.
Pakistan`s Finance Minister
Shaukat Tarin resigned on Tuesday following months of strained
relations with other members of the federal Cabinet, saying he
was stepping down to focus on his private business interests.
Japan`s Prime Minister named his
deputy Naoto Kan as Finance Minister on Wednesday, replacing
77-year-old Hirohisa Fujii who is stepping down for health
reasons in a blow to the three-month-old government.
Hike in power tariff has become essential in Orissa, a power surplus state barely an year ago, which is now passing through a phase of severe crisis, state finance minister Prafulla Chandra Ghadai said on Tuesday.
A meeting of India`s central bank Governor Duvvuri Subbarao with Finance Minister Pranab Mukherjee fuelled speculation on Friday that the bank may tighten monetary policy earlier than expected to stem rising prices.