News for 'Finance Minister P Chidambaram'

'Everything I prayed for...'

'Everything I prayed for...'

Rediff.com14 May 2023

Priyanka Chopra, Parineeti's Mimi Didi, flew in from LA for the engagement ceremony.

Women's bank: Ramesh asks PC to take tips from AP govt

Women's bank: Ramesh asks PC to take tips from AP govt

Rediff.com31 Mar 2013

Union Finance Minister P Chidambaram's proposal about setting up an all-women bank -- first suggested in this year's budget -- received much acclaim.The proposed bank will lend mostly to women and women- run businesses, support women self-help groups and women's livelihood, Chidambaram had said.

'My father was disappointed by Rahul Gandhi'

'My father was disappointed by Rahul Gandhi'

Rediff.com15 Dec 2023

'Politics is a game of public perception and my father felt that by his long disappearances, Rahul Gandhi was losing the battle of perception.'

Will not allow repeat of 1990 in J&K: Chidambaram

Will not allow repeat of 1990 in J&K: Chidambaram

Rediff.com12 Aug 2013

Insisting that the situation in violence-hit Jammu and Kashmir is under control, the Centre on Monday said it will extend all help to the state government in maintaining law and order and asserted that the repeat of forced migration witnessed in 1990 will not be allowed.

Think the unthinkable: Can Rahul be PM in 2019?

Think the unthinkable: Can Rahul be PM in 2019?

Rediff.com19 Mar 2018

'If on the back of the resentment against the Modi government, on the very outside chance that the Congress emerges as the single largest party in May 2019, will Rahul Gandhi become prime minister?' 'Or will he do a Sonia and appoint someone else?' asks T C A Srinivasa-Raghavan.

Budget  2013 speech gets modern on quotes; Stiglitz finds mention

Budget 2013 speech gets modern on quotes; Stiglitz finds mention

Rediff.com28 Feb 2013

Presenting the Union Budget for 2013-14 in Parliament, Finance Minister P Chidambaram also quoted his favourite poet Tiruvalluvar towards the end of his Budget speech after referring to Stiglitz in the beginning.

India imported around 162 tonnes of gold in May: FinMin

India imported around 162 tonnes of gold in May: FinMin

Rediff.com3 Jun 2013

Earlier, Finance Minister P Chidambaram had said he thought the figure was 262 tonnes.

DTC likely to MISS April 2013 deadline

DTC likely to MISS April 2013 deadline

Rediff.com27 Aug 2012

Chidambaram wants it reworked; GAAR controversy weighs on implementation.

Khurshid downplays Pranab-Chidambaram 2G row

Khurshid downplays Pranab-Chidambaram 2G row

Rediff.com26 Sep 2011

Union Law Minister Salman Khurshid on Monday downplayed the row over the finance ministry note on Home Minister P Chidambaram's stand on the 2G spectrum issue, saying there is no scope for any worry over the document and inferences drawn out of it were "not correct". Khurshid also said the note was not worth keeping the media "preoccupied" for such a long time. "I have seen the note. I don't think the note has anything on which we should express worry," Khurshid said.

India should simplify biz policies to ensure growth: World Bank

India should simplify biz policies to ensure growth: World Bank

Rediff.com10 Apr 2014

Investors believe Indian is a tough place to do business with.

India vows not to cross 'red line' on fiscal deficit target

India vows not to cross 'red line' on fiscal deficit target

Rediff.com31 Jul 2013

The finance minister added that Indian government revenues are expected to increase by 21 per cent in the 2013-14 fiscal year.

Explained: Kelkar committee report on Indian economy

Explained: Kelkar committee report on Indian economy

Rediff.com1 Oct 2012

According to the report, Indian economy is headed for a "perfect storm" worse than 1991 because government's cashflow by March 2013 is threatening to be Rs 110,000 crore (Rs 1,100 billion) more in the red than the expected Rs 500,000 crore (Rs 5,000 billion).

Take firm steps to recover loans: FM tells banks

Take firm steps to recover loans: FM tells banks

Rediff.com18 Mar 2013

Replying to a question on charges of money laundering by certain employees of three private sector banks, Chidambaram said the RBI and the Finance Ministry are looking into the issue.

Telecom uncertainty will be resolved: FM

Telecom uncertainty will be resolved: FM

Rediff.com28 Feb 2013

DoT has also announced that it will conduct third round of auction but dates and other final details have not been released yet.

USIBC for a fair transparent tax environment

USIBC for a fair transparent tax environment

Rediff.com25 Feb 2013

Prominent among the wish list include updating India-US bilateral tax treaty, emanation of double taxation on software revenue, 15 year tax holiday for software technology parks and special economic zones.

'Doubtful if key bills can be passed in this Parliament session'

'Doubtful if key bills can be passed in this Parliament session'

Rediff.com5 Feb 2014

Finance Minister P Chidambaram on Wednesday said it was doubtful whether any key legislation, except for the vote-on-account, would be passed in the current session of Parliament.

Lower deposit rates: FM to banks

Lower deposit rates: FM to banks

Rediff.com16 Nov 2012

Chidambaram also asks these not to rush for bulk deposits to bloat balance sheets.

Budget 2013: Just words, no action

Budget 2013: Just words, no action

Rediff.com1 Mar 2013

The FM wants credit for acting on environment, but does the wrong things.

Budget 2013: What is cheaper, what is costlier

Budget 2013: What is cheaper, what is costlier

Rediff.com28 Feb 2013

While the finance minister made the tax payers slightly happy by raising the individual tax exemption limit to Rs 300,000, he made many others unhappy.

Unions want Pay Commission to be constituted

Unions want Pay Commission to be constituted

Rediff.com26 Feb 2013

Unions have also demanded raising the income tax exemption limit from Rs 2 lakhs to Rs 5 lakhs.

The bizarre tale of Cairn retro tax

The bizarre tale of Cairn retro tax

Rediff.com6 Mar 2022

The levy of retrospective tax on the UK's Cairn Energy Plc is a tale of bizarre twists and turns that saw its attached shares being sold in May 2018 amid the passing of the baton from a full-time finance minister to interim one and the talks at the highest level to resolve the dispute, to claims that levy of back taxes was a result of an investigation into Panama Papers leak. The government late last month refunded about Rs 7,900 crore it had collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds, to settle an eight-year-old dispute that had tarred the country's reputation as an investment destination. But, this did not come about easily. For seven years, the establishment vehemently justified in courts and outside seeking of Rs 10,247 crore in back taxes plus interest and penalty from a firm that gave India its biggest onshore oil discovery.

Arun Jaitley appointed as India's Governor on ADB Board

Arun Jaitley appointed as India's Governor on ADB Board

Rediff.com2 Jun 2014

Finance Minister Arun Jaitley has been appointed on the Board of Governors of Philippines-based Asian Development Bank (ADB).

First act, then think: Oppn has field day over 2000 note ban

First act, then think: Oppn has field day over 2000 note ban

Rediff.com20 May 2023

Image used for representational purpose only. Photograph: Jayanta Dey/Reuters The Congress also said demonetisation has come a full circle and added that the Rs 2,000 note was a "band-aid to cover up the foolish decision of demonetising" Rs 500 and Rs 1,000 notes.

Sitharaman delivers 2.17 hr-long Budget speech, earns praises

Sitharaman delivers 2.17 hr-long Budget speech, earns praises

Rediff.com5 Jul 2019

Her speech was laced with Hindi, Urdu, Sanskrit and even Tamil verses.

Chidambaram is FM, Patil gets home

Chidambaram is FM, Patil gets home

Rediff.com24 May 2004

Shivraj Patil will be the home minister, while Natwar Singh will be the next external affairs minister.

Budget will outline amendments on GST: FM

Budget will outline amendments on GST: FM

Rediff.com16 Jan 2013

At his pre-Budget consultations with Finance Ministers of states, he is understood to have said that it was time to wrap up lose ends on GST.

When RBI governors fought for the bank's autonomy

When RBI governors fought for the bank's autonomy

Rediff.com5 Nov 2018

Tension between the government, specially the finance ministry, and RBI is as old as the central bank itself.

Cong retorts at BJP's 'absolute cacophony' over Chidambaram

Cong retorts at BJP's 'absolute cacophony' over Chidambaram

Rediff.com28 Sep 2011

Hitting back at the Bharatiya Janata Party, the Congress on Thursday dismissed as "absolute cacophony" its demand for Home Minister P Chidambaram's resignation, contending that the finance ministry note on the 2G issue cannot have any effect of guilt.

Hope after PC assumed charge as FM, says Wipro CFO

Hope after PC assumed charge as FM, says Wipro CFO

Rediff.com9 Aug 2012

Wipro CFO Suresh C Senapaty on Thursday said there is hope of corporate sector sentiments improving after P Chidambaram assumed charge as Union Finance Minister and wanted the Centre to convert it into policy action.

Pranab and Modi worked as a team: Sharmishtha Mukherjee

Pranab and Modi worked as a team: Sharmishtha Mukherjee

Rediff.com12 Dec 2023

Sharmishtha, who has quit politics, also clarified that she has not tried to tweak her father's views about anyone.

CTT on commodity futures not viable

CTT on commodity futures not viable

Rediff.com1 Apr 2008

In a memorandum to the Finance Minister, the exchanges said that FM's proposal to impose the Commodities Transaction Tax (CTT) will ruin the budding commodity futures business in India. In its arguments, it said CDM is at a nascent stage. It is only 4 years old. Participation of banks, mutual funds, FIs, FIIs is still not allowed. Options contracts, index futures & futures based on intangibles are still to come. Cost increase in India will induce hedgers to global exchanges.

FM initiates process for VAT launch

FM initiates process for VAT launch

Rediff.com10 Jun 2004

Numbers Don't Add Up For BJP In Tamil Nadu

Numbers Don't Add Up For BJP In Tamil Nadu

Rediff.com19 Apr 2024

Indications are that the DMK combine will win more seats than the AIADMK and BJP, but is facing a tough fight in about half a dozen from the rest, predicts N Sathiya Moorthy of the electoral contest in Tamil Nadu.

Congress has actually conceded defeat: BJP

Congress has actually conceded defeat: BJP

Rediff.com21 Mar 2014

Taking potshots at Congress, rival Bharatiya Janata Party on Friday claimed that the decision of Finance Minister P Chidambaram to opt out of the Lok Sabha poll race indicated the state of affairs in the party as it was "running away from the contest".

2G scam: How Raja indicted PM, Chidambaram

2G scam: How Raja indicted PM, Chidambaram

Rediff.com25 Jul 2011

Former telecom minister A Raja on Monday sought to rope in Prime Minister Dr Manmohan Singh and the then Finance Minister P Chidamabaram in the 2G scam case, telling a court that the issue of dilution of equity by spectrum licencees was discussed with them.

BJP flays PC getting finance, elevation of Shinde as HM

BJP flays PC getting finance, elevation of Shinde as HM

Rediff.com1 Aug 2012

The Bharatiya Janata Party on Wednesday took potshots at the elevation of Sushil Kumar Shinde to the home ministry from power soon after the multiple electricity grid failure and said P Chidambaram should not have been given finance portfolio because of the Aircel-Maxis deal controversy.

Chidambaram vows to get manufacturing out of slide

Chidambaram vows to get manufacturing out of slide

Rediff.com2 Jul 2013

The finance minister admitted that there was no quick-fixes to economic problems and the government is working to stabilise the economy which may take time.

WB worst-governed state in India: Chidambaram

WB worst-governed state in India: Chidambaram

Rediff.com25 Apr 2011

Ahead of the crucial third phase of assembly polls, Home Minister P Chidambaram on Monday said that West Bengal was the 'worst-governed' state in the country and blamed the CPI-M and its cadres for spreading violence and turning the state into a 'killing field'.

Chidambaram: Caught by courts, bowled by Swamy?

Chidambaram: Caught by courts, bowled by Swamy?

Rediff.com15 Nov 2011

There are some rather inconvenient questions related to the 2G spectrum scam that the former finance minister may have to answer in the coming days, says M R Venkatesh.

Chidambaram on why commodity prices will go up

Chidambaram on why commodity prices will go up

Rediff.com11 Oct 2012

The minister said this when asked about the impact of liquidity infusion by developed countries at a press conference on the sidelines of IMF-World Bank meetings.