Chidambaram, speaking to reporters, also said the fundamentals of the Indian economy had not changed and asked investors to wait for the April-June quarter growth numbers due at the end of the month.
CBDT stated the searches were on a group based at Chennai and Tiruchirappalli, strictly in line with the Income Tax Act
'In macroeconomic policy, timing is all, and by leaving things too late, Mr Modi may have made around 50 seats in the Lok Sabha highly vulnerable,' says T C A Srinivasa Raghavan.
'On the tax front, most of the Budget proposals are sensible'.
He also said he does not want any other member of the Gandhi family to succeed him, virtually ruling out Priyanka as well for the top party position.
There is, between Rao's tenure as PM and the current Modi regime, a powerful resonance of how transition can be managed. Rao's tenure saw many scams -- one where he was supposedly approached by Harshad Mehta with a bribe for making the securities scam go away. The Opposition insisted on a JPC. Despite knowing a JPC report would undermine him politically, Rao agreed to one, saying he had 'nothing to hide'.
On Thursday, Indrani will be obligated to change into the green uniform sari she receives visitors in, as per jail rules, and meet the gentlemen from the income tax department. She may also at some point on Thursday video conference with Delhi in the INX Media-Karti Chidambaram case where she might become an approver.
Contrary to the bragging that marked its two-year anniversary, the government's timidity on reform is simply astounding.
Tamil film actor Kamal Haasan said, "Mersal was certified. Don't re-censor it. Counter criticism with logical response. Don't silence critics. India will shine when it speaks."
The fiscal deficit for 2015-16 may eventually come down to the targeted level of 3.9 per cent of GDP.
The fastest bowler in the nation enjoyed a relaxed evening at the Rushikonda beach in Visakhapatnam on Monday.
Dismissing the criticism of his interim budget by Narendra Modi, Finance Minister P Chidambaram said, "I don't want to take the level of this debate to a Class 8 school boys' debate."
Mistry said the poll body satisfied the candidate on every complaint but despite that he raised all those points in the media before bringing them to "our notice".
The BJP game-plan: Take the top slot, or a close second, either for the 'Lotus' or the larger NDA, if it can and push the AIADMK to the third place, explains N Sathiya Moorthy.
That "Rollback Budget" ushered in an era of rollback.
Two state ministers have also come out in the open to demand a detailed assessment by the top leadership.
The Pune blasts serves as a point of reckoning for Shinde that the position of the home minister is not a job for the frail hearted. He will be keenly watched on the parameters of activism, transparency and more importantly, on his ability to deliver on Chidambaram's unfinished agenda, says Bibhu Prasad Routray.
'As it was his team's first offence of the season under the IPL's Code of Conduct relating to minimum over rate offences, Mr Sharma was fined Rs 12 lakh.'
After defeats in their opening two matches, Australia came roaring back, winning their next nine games in succession
At an online book release event, former vice president Hamid Ansari lays to rest the controversies surrounding his tenure.
'Actually, the RSS is deeply ambivalent and uncomfortable with Gandhi as well as also Ambedkar, but it is not politically wise to oppose these two.' 'So Nehru is the main and only target.'
When it comes to running between the wickets -- which is exactly what an FM and a governor do -- Jadeja always defers to Dhoni's larger judgement of the situation and the needs of the team, observes T C A Srinivasa-Raghavan.
'The Budget that Mr Jaitley will present on February 29 will be crucial.'
The issue of farmer suicide has been in public domain since a decade, thanks to journalists like P Sainath. But Chhattisgarh was never highlighted as a problem state. It is a new state after all. Relief packages for farmers have till date gone only to four states -- Maharashtra, Andhra Pradesh, Karnataka and Kerala.
Finance Minister P Chidambaram's speech.
When the House was taking up private members' business, Chowdhury urged Rajendra Agrawal, who was presiding over the proceedings, to allow Gandhi to attend the House.
Going by the number of changes Mr Jaitley's next Budget is likely to see, he will go down in the history of Budget-making as the finance minister who ushered in the largest number of changes in a single Budget, says A K Bhattacharya.
The Congress MP from Sivaganga also slammed the All India Anna Dravida Munnetra Kazhagam-Bharatiya Janata Party alliance and said the people of Tamil Nadu do not want a government which has any "stain, scent or shadow" of the BJP as its 'Hindi-Hindutva' agenda "irritates" them.
The new tax regime proposed by the Modi government may not have acceptance from all corners.
Congress spokesperson Pawan Khera tweeted, "Shayad meri tapasya mein kuch kami reh gayi (Maybe my penance fell short)."
Venugopal is valued highly by Mrs Gandhi and Mr Gandhi. They consider him a loyalist, more to the point, one who can deliver.
The obvious temptation for Mr Jaitley would be to achieve a better fiscal deficit figure than what he had promised in July.
'We aren't so unreasonable as to demand that he should have fully reversed Indira Gandhi's worst economic legacy, bank nationalisation.' 'But he could have made a beginning by selling off the two most stressed small public sector banks, and then announced that each year for the next 10, one government bank with the most messed-up balance sheet will be sold.' 'It would have electrified the markets, shocked his other banks into better behaviour, and marked his name among the great reformers,' argues Shekhar Gupta.
'Mr Prime Minister, you have violated the time honoured principle of Indian foreign policy of not interfering in the domestic elections of another country'
'Rahul Gandhi's recent video performances offer little hope - the first fell flat in attacking government 'strategy'; the second showed him in a position unbecoming of a leader,' argues T N Ninan.
The Congress alleged that Delhi Police personnel forcibly entered its headquarters and beat up party workers and leaders on Wednesday, on a day the party staged vociferous protests against the questioning of Rahul Gandhi by the Enforcement Directorate for the third consecutive day.
The Chinese aren't after territory. Their target is our national will, morale and the sense of autonomy we feel in making our strategic choices. They are attacking India and the Modi government at their weakest point, asserts Shekhar Gupta.
A bench headed by Chief Justice Uday Umesh Lalit directed Kappan to remain in Delhi for the next six weeks after the release from an Uttar Pradesh prison.
Narendra Modi promised to be A B de Villiers but has batted like a Geoff Boycott, says T C A Srinivasa-Raghavan