Chidamabaram's counsel told the top court that he is sought by ED to be "vicariously involved" in the INX Media money laundering case as he is the father of Karti Chidambaram, who according to the probe agencies tried to influence the Foreign Investment Promotion Board members.
Chidambaram and his son Karti were named in the chargesheet filed by the Central Bureau of Investigation in the case on July 19.
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.
He said the plea pertained to his liberty, which was 'illegally curtailed'.
The Finance Ministry has started preparations for Budget 2014-15 by asking different central ministries and departments to come out with their estimates of receipts as well as expenditure for the next financial year.
Senior Congress leader P Chidambaram on Thursday took a swipe at the BJP over the cut in excise duties on petrol and diesel, saying the results of the 30 assembly and three Lok Sabha by-elections have "produced a by-product".
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.
The application for narco analysis test assumes significance as the agency yesterday alleged that Karti was not cooperating in the investigation and was 'evasive' in his replies.
"I will address a press conference tomorrow. I am happy that the Supreme Court passed the order granting bail," added Chidambaram.
The Enforcement Directorate opposed the bail application before special judge O P Saini in its written submission and sought time to argue the matter.
Solicitor General Tushar Mehta, representing CBI and ED, contended that the Congress leader was evasive during interrogation and was giving long answers.
The BJP hailed teh package, saying it reflected the government's commitment towards creating jobs and stimulating the economy.
He has already been subjected to custodial interrogation by the CBI for eight days since his arrest on August 21, after the Delhi high court on August 20 dismissed his anticipatory bail plea.
Terming senior Congress leader P Chidambaram as 'unsuccessful' as the Union home minister, even as the finance minister earlier, former Bharatiya Janata Party president Murli Manohar Joshi on Sunday demanded that Prime Minister should seek his resignation.
What would you like the finance minister to do in this Budget? Tell him.
Senior Congress leader and former finance minister P Chidambaram said the stimulus package has left several sections like the poor, migrants, farmers, labourers, workers, small shopkeepers and middle class high and dry.
A bench of Justices R Banumathi and A S Bopanna said it would hear the arguments of the Enforcement Directorate on Chidambaram's two petitions, including the challenge to remand orders, on Wednesday.
The former finance minister's only child was arrested at Chennai airport.
However, the bench said Chidambaram is at a liberty to seek remedy in accordance with the law.
During campaigning, P Chidambaram has been addressing villagers, explaining his efforts to improve life in the constituency and blaming the state government for not supporting him. He has also been introducing his son in the 10 villages across 250 km.
Ahead of the Lok Sabha elections, Congress on Wednesday released the second list of office-bearers and executive committee members of its Tamil Nadu unit, prominent among them being Union Finance Minister P Chidambaram's son Karti.
The Central Bureau of Investigation had registered an FIR on May 15, 2017 alleging irregularities in the Foreign Investment Promotion Board clearance granted to the media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram's tenure as finance minister.
Finance minister P Chidambaram assured a select gathering in New Delhi on Tuesday that Union Budget of 2013 will be presented on schedule. He expressed hope, that like it happened in 2004, it will not be passed without debating.
Rubbishing the Bharatiya Janata Party's charge that his father was "running away" from contest, Karti Chidambaram, son of Union Finance Minister P Chidambaram, on Friday said the saffron party has no locus standi to make such a comment.
There is a split in the United Progressive Government over Prime Minister Manmohan Singh attending the Commonwealth Heads of Government Meeting on November 15 in Colombo, Sri Lanka. Some Union ministers including Finance Minister P Chidambaram want the PM to skip the session, said sources.
"The Railway Minister has presented a very responsible, practical and implementable budget," Chidambram told reporters outside Parliament.
Chidambaram, who was accompanied by police personnel in the police bus, was put in a special cell in the Asia's biggest prison complex as per the orders of the CBI court.
Bank employees body AIBEA, which is a major constituent of the United Forum of Bank Employees' Association that has called a nationwide strike, on Tuesday said Finance Minister P Chidambaram rejecting wage demands of bank employees is "unfortunate" and the strike was forced on them.
The former union home and finance minister also alleged that the BJP-led National Democratic Alliance government would not have taken the bold decision had Jammu and Kashmir been a "Hindu-dominated" state.
Singh, a former Army officer, had been ill after a fall at his home in August 2014 and was admitted to the Army Research and Referral Hospital. He had been in and out of the hospital and was admitted again in June this year.
Chidambaram said the stimulus package has left several sections like the poor, migrants, farmers, labourers, workers, small shopkeepers and middle class high and dry.
His remark came in the backdrop of an Empowered Group of Ministers headed by Finance Minister Pranab Mukherjee postponing a meeting to hike fuel prices indefinitely on Oil Minister Murli Deora's insistence.
In a letter to Union Finance Minister P Chidambaram, he said the proportional share between the Centre and the state in centrally sponsored schemes should be changed for the least developed states like the one existing for special category states now.
In a blistering counter attack against Tamil Nadu Chief Minister J Jayalalithaa a day after she questioned his victory in last polls and slammed his economic policies, Union Finance Minister P Chidambaram on Saturday accused her of making 'sweeping charges' ignorant of cases pending against herself.
Chidambaram, who was closely monitoring the case of his son in the Supreme Court which was argued by his party colleague and senior advocate Kapil Sibal, had sprung a surprise last week by filing a petition on his own accusing the CBI and the Enforcement Directorate of carrying out a political vendetta against him and his family.
The trio met reportedly to discuss the cash row controversy surrounding the Indian Premier League (IPL) and its impact on the future of the sport and the politics of the nation.
Feature for feature, bank FDs are indeed better than debt funds today, mainly thanks to Ms Sitharaman, notes Debashis Basu.
It is Finance Minister P Chidambaram's meeting with leaders of public sector bank unions that averted the three-day bank strike proposed from March 28.
Telecom Minister Kapil Sibal on Thursday contested the claims of former Telecom Secretary Siddhartha Behura over a December, 2007, meeting held regarding entry fees for 2G licences, in which he had said the then Finance Minister P Chidambaram and former Finance Secretary D Subbarao were present.
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.
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