The MoU with the NATGRID that functions under the Union home ministry will include confidentially clause so that transfer of personal data is safe.
Rebutting allegations that his son Karti had influenced the decisions of the now-defunct Foreign Investment Promotion Board, Chidambaram said it was a "despicable slur" on the six secretaries of the government.
Former Union Finance Minister P Chidambaram and his son, Karti Chidambaram home have been raided by the Central Bureau of Investigation (CBI) in connection with the FIPB clearance given to INX Media (now known as 9X Media).
"They have not seized any documents and cannot prove any charges against me. I have not done anything wrong," Karti told reporters here, reacting to the CBI raids at several places linked to his father and him.
Union Minister Piyush Goyal rejected Chidambaram's charge that he was being targeted for his columns critical of the government and claimed that the issue was why beneficiaries of the Foreign Investment Promotion Board (FIPB) gave "money to firms owned by his son".
In many ways, Karti, exemplified the new Chennai—cosmopolitan, unapologetic about being ambitious, and a major consumption Centre that could stand shoulder-to-shoulder with Mumbai and Delhi
"All I will say is, I shall continue to speak and write," he said in a statement here as CBI today launched searches at several places linked to the former finance minister and his son Karti over alleged favours granted in foreign investment clearance to a firm, INX Media, in 2007.
The Central Bureau of Investigation (CBI) today raided the Chennai residence of former Finance Minister P Chidambaram and his son, Karti P. Chidambaram in connection with a case involving INX Media's Peter and Indrani Mukherjea.
The meeting was attended by a group of party MPs, MLAs, former PCC chiefs and party workers, besides four former Union ministers including P Chidambaram.
In a statement, the former Finance and Home Minister said the ED's press release issued yesterday did not refer to any specific act on the part of Karti.
The former Union Minister said the ED has a habit of "recycling allegations" from time to time.
The agency also issued a similar notice, after over two years of investigations, to another firm M/s Vasan Health Care Private Limited, which is based in Chennai, for alleged forex violations of Rs 2,262 crore.
"A muscular policy will not help - tough talk by ministers, dire warnings by the Army Chief, deploying more troops or killing protesters," the former Home Minister said on Twitter.
The Chairman of the Godrej Group termed as "ridiculous" suggestions in some industry and business quarters that the GST roll out be pushed to October one from July one.
The Supreme Court today said it will hear on April 13 the pleas challenging the use of EVMs in elections without equipping the machines with voter verified paper audit trail (VVPAT).
The Election Commission had last night cancelled the April 12 bypoll to the R K Nagar Assembly constituency in Tamil Nadu, saying the electoral process has been "seriously vitiated" by parties through use of money power.
Finance Minister Arun Jaitley today received a pat from President Pranab Mukherjee for completing the budget exercise by March 31 and not seeking a the Vote on Account, which happened for the first time in many years.
Congress leader P Chidambaram took a swipe at BJP leader Tarun Vijay for his remarks against south Indians, asking whether BJP-RSS members were the only Indians in the country.
"As FM, I granted approval in the normal course of business," he said in a statement. Chidambaram's remarks comes a day after the Supreme Court asked the CBI to file status report on the probe being carried out on various aspects of the Aircel-Maxis deal.
Admitting that Aadhaar was a "great initiative" of the previous UPA government, Finance Minister Arun Jaitley today said it was being expanded by making it mandatory for direct benefit transfer of subsidy and checking of tax evasion.
GST promises to stitch together a common national market by replacing a string of central and local levies such as excise, value added tax, octroy, service tax into a single unified levy.
Congress leader P Chidambaram todayrndenounced the seven-phase election schedule in Uttar Pradeshrnand alleged that the BJP and Prime Minister Narendra Modi usedrnit to "polarise" voters.
Banks including HDFC Bank, ICICI Bank and Axis Bank at present charge a minimum Rs 150 per transaction for cash deposits and withdrawals beyond four free transactions in a month.
Terming the Modi government as the world's "most anti-intellectual" for questioning experts on GDP figures, former Finance Minister P Chidambaram today said the economy will take 12-18 months to recover from the "devastating" impact of demonetisation.