What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
In a nation of 1.4 billion people, where a potential new creator is born every second, we pick 25 influencers who have ruled social media this year.
When former finance minister Palaniappan Chidambaram was arrested by the Enforcement Directorate in August 2019, it was considered by some as payback from Home Minister Amit Anilchandra Shah who likely held his predecessor in the home ministry responsible for his own arrest nine years earlier, in July 2010.
The probe, being conducted under various sections of the Prevention of Money Laundering Act, is against the Kallal Group and the UK-based Lyca group and its Indian companies Lyca Productions and Lyca Hotels, it said.
Whether it was the MGNREGS or the NFSA or the Aadhaar-based DBT scheme for cash transfer, the Modi government has built on the basic architecture created by the Singh government. Policy makers in the Modi government, instead of discarding them as products of the previous political regime, worked on them, expanded their scope and reach, and used new tools to improve their performance, explains A K Bhattacharya.
How much do you know about the finance minister?
Union Finance Minister P Chidambaram's mother Lakshmi Palaniappan died on Friday. She was 92, her family said.
As the Budget 2008 gets ready to unfold, find out how much you know about the man behind it. Take the Rediff Business Quiz on Finance Minister P Chidambaram.
Even the Italian masters of neo-realism, who tried to make art as close to life as possible, never took realism so literally as director Karu Palaniappan does.
Both OPS and EPS say positive results are expected soon.
We present some of the most dramatic photographs clicked across the globe in the last 24 hours.
The key numbers in Mr Jaitley's Budget will be looked at closely to assess the extent of revisions they represent over what Mr Chidambaram had presented in February.
Shreekant Sambrani looks back at the tragedy of errors that has landed the once buoyant Indian economy in its worst mess in recent times.
Rahul Gandhi was stunned on hearing the senior leader's angry outburst, but soon relented and asked Mukul Wasnik to announce Karthi's name from Sivaganga.
The Indian economy is in deep crisis, and it will take at least two years to recover if we have a focused government.
Officials from 22 banks made representations before the minister and his panel about the industry expectations from the next financial budget.
He used an old rule to cut the expenditure allotted to various ministries.
With RBI governor Duvvuri Subbarao retiring in September, 2013, the government is on the look out for the most eligible person to head the Reserve Bank of India.
In less than five months of resuming charge of the finance ministry, Palaniappan Chidambaram has put in place virtually a new team to take charge of the government's fiscal policy management in the remaining months of its tenure. Will the celebrated economists and IAS officers share the required equation remains to be seen.
Instead of worrying about imported gold, FM should broaden the tax base to dispel concerns about govt-driven inflation.
Restrictions on gold by the Centre & RBI will help, but can these make gold unattractive for investors?
Good news for the first-time homebuyer, stock market investor and individuals wanting to buy insurance in the Union Budget 2013-14, opines Rajiv Raj of CreditVidya.com
Japan recently de-valued yen for economic growth.
The various statements attributed to Chidambaram during his meetings with investors in Hong Kong and Singapore reveal a lot about the broad trend of ideas that would influence his next Budget.
The United Progressive Alliance government will present its 10th Budget next week.
Companies that loaded up on debt when India was being hailed as the world's second-fastest-growing economy are now deleveraging to clean up their balance sheets.
Many including IMP oppose allowing industrial houses to set up banks.
Karti granted interim protection from arrest till July 10 .
Days after Home Minister Palaniappan Chidambaram said the investigators had promising leads in the September 7 blast outside the Delhi high court, a senior government official told reporters in New Delhi that there has been no breakthrough in the case a fortnight after the act of terror.
Bond yields have risen since the Reserve Bank of India raised interest rates for a second consecutive month on October 29.
In a huge relief for Union Home Minister Palaniappan Chidambaram, a special Central Bureau of Investigation court on Saturday dismissed a petition by Janata Party President Dr Subramanian Swamy seeking to make Chidambaram a co-accused in the 2G spectrum case.
Finance Ministers play a key role in shaping the economy of a country.
Home Minister Palaniappan Chidambaram, isolated and under attack from the Opposition after the letter the Finance Ministry wrote to the Prime Minister's Office was made public on Wednesday, discovered he had a supporter after all.
The National Advisory Council, headed by United Progressive Alliance Chairman Sonia Gandhi, will also meet on Thursday to look at the Food Security Bill, a crucial component of the second UPA government's promise to provide cheap and plentiful food to the poor.
.jpg)
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.
There is no denying that Home Minister Palaniappan Chidambaram's three-day trip to the United States will advance the further institutionalisation of India-US counter-terrorism and intelligence-sharing cooperation.
Home Minister Palaniappan Chidambaram's reply last week to the debate in Parliament on the Liberhan Commission's report would largely be seen as the United Progressive Alliance government's comprehensive indictment of the role of the Bharatiya Janata Party and its leaders in the demolition of the disputed structure in Ayodhya on December 6, 1992.
Tamil Nadu Chief Minister J Jayalalithaa on Wednesday said she would not attend the last rites of former President A P J Abdul Kalam in Rameswaram owing to her health condition and has deputed seven cabinet colleagues to represent her and the state government at the funeral.
Post-Budget, the FM was at his most relaxed as he would get to use his mobiles, and can take visitors.
Finance Minister Palaniappan Chidambaram said on Thursday state-run banks needed to consolidate to add financial strength to their operations.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances