Mar 05, 2014 at 16:27 | Source: Moneycontrol.com
The finance minister has said that United Bank of India has recovered Rs 400 crore in cash and upgraded Rs 800 crore and hence reduced NPAs to the tune of Rs 1000 crore.
Feb 19, 2014 at 22:00 | Source: CNBC-TV18
At a time when the UPA government has been claiming credit for lifting 140 million people above the poverty line - McKinsey research report says that 680 million people or 56 percent of India lives below the "empowerment line" which means they lack access to basic services such as education, healthcare, energy, sanitation and drinking water.
Feb 18, 2014 at 12:26 | Source: Moneycontrol.com
As expected from Interim Budgets, there is nothing in the Budget that the investor needs to take home. We will have to wait for the regular Budget to see the impact on investments.
Feb 17, 2014 at 18:07 | Source: Moneycontrol.com
Taking a cue from FM's speech, both Tata motors and Maruti Suzuki are planning to lower the prices of vehicles with immediate effect.
Feb 17, 2014 at 14:49 | Source: Moneycontrol.com
As had been widely speculated, Chidambaram announced excise duty cuts on some capital goods and non-durable items (specifically those for export purposes) from 12 percent to 10 percent. There were also reductions for motor vehicles.
Feb 17, 2014 at 12:24 | Source: PTI
"Government, RBI and Sebi took a number of measures to facilitate capital inflows and stabilise the forex market. Among emerging economy currencies, rupee was affected the least when the actual reduction took place in December 2013 and January 2014, Finance Minister P Chidambaram said in the Budget speech in parliament.
Feb 17, 2014 at 12:00 | Source: Moneycontrol.com
The market is sitting idle with the Nifty stuck at 6050-level, as the Finance Minister P Chidmabaram presents UPA IIs Vite on Account in Parliament. The Nifty is up 9.45 points at 6057.80.
Feb 17, 2014 at 11:00 | Source: Moneycontrol.com
Chidambaram is also likely to highlight the Congress party-led United Progressive Alliance government's achievements and outline the vision for the future. The main budget for the financial year 2014-15 will be presented by the new government that will come into power after the general elections due by May.
Feb 12, 2014 at 12:32 | Source: Moneycontrol.com
In a speech marred by angry protests by lawmakers over the Telangana issue, the Minister, as expected, refrained from any decision on revising passenger or freight fares. After announcing some new trains, the minister largely stuck to presenting the accounts of the previous year and made forecasts for the next financial year.
Aug 12, 2013 at 19:47 | Source: CNBC-TV18
In an interview to CNBC-TV18, former finance secretary S Narayan and Aditi Nayar, economist at ICRA spoke about their views on the spate of announcements from the finance minister.