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finance minister p chidambaram
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  • Congress labels Urjit Patel a 'gentleman' after calling him a 'captive puppet' during DeMo Dec 10, 2018 08:19 PM IST

    Congress labels Urjit Patel a 'gentleman' after calling him a 'captive puppet' during DeMo

    After demonetisation, the Congress had called Urjit Patel a 'captive puppet' of the Modi government.

  • Big Stimulus: Farm loan waiver, money into Jan Dhan a/cs likely? Dec 22, 2016 12:50 PM IST

    Big Stimulus: Farm loan waiver, money into Jan Dhan a/cs likely?

    There is a market buzz that big stimulus is on the cards in the New Year from Prime Minister Narendra Modi, reports CNBC-TV18's Varinder Bansal. The stimulus could be in form of farm loan waiver and money in Jan Dhan accounts.

  • RBI finalises guidelines for banks to enter insurance biz Jan 15, 2015 10:08 PM IST

    RBI finalises guidelines for banks to enter insurance biz

    They can also act as corporate agents without seeking prior approval from the RBI. However, they will have to comply with IRDA guidelines. Under existing bancassurance guidelines, a bank can act as a corporate agent and sell policy of only one life insurer and one non-life insurance company.

  • CAD to be less than USD 40 bn: Chidambaram Mar 07, 2014 08:08 PM IST

    CAD to be less than USD 40 bn: Chidambaram

    The CAD narrowed sharply to USD 4.2 billion (0.9 percent of GDP) in Q3 from USD 31.9 billion (6.5 percent of GDP) a year earlier as merchandise exports picked up and imports moderated, particularly gold imports, the RBI said on March 5.

  • Bad loans biggest challenge facing public sector banks: FM Mar 05, 2014 02:44 PM IST

    Bad loans biggest challenge facing public sector banks: FM

    Addressing a press conference after reviewing performance of PSU banks, he also said that credit disbursal to medium-sized industry has declined and was only "satisfactory" in the agricultural sector.

  • Bank Nifty up 1.5% post FM meet with PSUs; Tata Power falls Mar 05, 2014 02:00 PM IST

    Bank Nifty up 1.5% post FM meet with PSUs; Tata Power falls

    ICICI Bank, Coal India, Cipla, SBI and Maruti Suzuki were top gainers in the Sensex. Among the losers were Tata Power, Bharti Airtel, GAIL, Reliance and Tata Motors.

  • PC Jeweller, Gitanjali rally on gold import duty cut hope Feb 21, 2014 10:44 AM IST

    PC Jeweller, Gitanjali rally on gold import duty cut hope

    Gitanjali Gems, PC Jeweller, Renaissance Jewellery, Tribhovandas Bhimji Zaveri and Rajesh Exports climbed 1-2 percent.

  • Vodafone indecisive on conciliation talks: Chidambaram Feb 18, 2014 06:00 PM IST

    Vodafone indecisive on conciliation talks: Chidambaram

    The Finance Ministry has already circulated a draft Cabinet note withdrawing the conciliation offer to Vodafone to resolve the Rs 20,000-crore tax dispute case. "In Vodafone's own words, they are unable to make up their mind whether they should go forward with conciliation.

  • Interim Budget: 6% excise duty for all mobile phones: FM Feb 17, 2014 04:45 PM IST

    Interim Budget: 6% excise duty for all mobile phones: FM

    Electronic component manufacturer association ELCINA said the announcement does not look promising for domestic firms.

  • Sensex rises 97 pts post interim Budget; private banks lead Feb 17, 2014 04:35 PM IST

    Sensex rises 97 pts post interim Budget; private banks lead

    Going forward, experts believe the market is going to be rangebound at least till the general elections that may be in May 2014. In case of Tuesday's trade, they see the Nifty moving in a range of 6000-6100.

  • Highlights of Interim Budget; tax sops, lower borrowing Feb 17, 2014 01:04 PM IST

    Highlights of Interim Budget; tax sops, lower borrowing

    There were no nasty surprises in the form of populist measures from the Interim Budget, but the government seems to be trying to reach out the corporate sector and the middle class as evident from some of the indirect tax incentives.

  • Coal production seen at 554MT; Coal India slips Feb 17, 2014 12:49 PM IST

    Coal production seen at 554MT; Coal India slips

    At 12:45 hrs Coal India was quoting at Rs 257.35, down Rs 3.20, or 1.23 percent.

  • 4 UMPPs to start in FY15; stocks react Feb 17, 2014 12:48 PM IST

    4 UMPPs to start in FY15; stocks react

    At 12:40 hrs Adani Power was quoting at Rs 34, up Rs 1.10, or 3.34 percent.

  • Relief in service tax for rice warehousing; KRBL up 1.2% Feb 17, 2014 12:33 PM IST

    Relief in service tax for rice warehousing; KRBL up 1.2%

    At 12:26 hrs KRBL was quoting at Rs 46.00, up Rs 0.55, or 1.21 percent.

  • FM cuts excise duty on motorcycles to 8%; Hero Moto gains Feb 17, 2014 12:31 PM IST

    FM cuts excise duty on motorcycles to 8%; Hero Moto gains

    At 12:21 hrs Hero Motocorp was quoting at Rs 1,988.00, up Rs 51.30, or 2.65 percent.

  • NTPC up; 50000MW thermal power capacity under construction Feb 17, 2014 12:16 PM IST

    NTPC up; 50000MW thermal power capacity under construction

    At 11:59 hrs NTPC was quoting at Rs 133, up Rs 0.80, or 0.61 percent.

  • FM cuts excise duty on small cars/CV; stocks rise Feb 17, 2014 12:16 PM IST

    FM cuts excise duty on small cars/CV; stocks rise

    At 12:11 hrs Maruti Suzuki India was quoting at Rs 1,663, up Rs 19.65, or 1.20 percent.

  • Why you shudn't be fooled by Chidu's Budget trick Feb 17, 2014 10:46 AM IST

    Why you shudn't be fooled by Chidu's Budget trick

    The reason why Chidambaram is making a song-and-dance about the fiscal deficit and his red line is simple: it is intended to take our attention away from the revenue deficit, which is the real number to monitor.

  • Growth will not be less than 5% in 2013-14: Chidambaram Feb 08, 2014 05:04 PM IST

    Growth will not be less than 5% in 2013-14: Chidambaram

    Growth in 2012-13 slipped to a decade-low of 4.5 percent. The economy expanded 4.6 percent in the first half (April-September) of this financial year.

  • Nine-month fiscal deficit crosses 95% of yearly target Jan 31, 2014 06:46 PM IST

    Nine-month fiscal deficit crosses 95% of yearly target

    The fiscal deficit touched 5.16 trillion rupees during April-December, or 95.2 percent of the full year target, compared with 78.8 percent a year ago, government data showed on Friday.

  • Chidambaram has questions for Jaitley on Modi Jan 30, 2014 05:26 PM IST

    Chidambaram has questions for Jaitley on Modi

    Reacting to Jaitley's comments on his views on Modi in a TV interview, Chidambaram said he expected him to rush to the defence of Modi and he had not disappointed him. "He has responded to my lighter-vein comment on 'back of a postage stamp' and I enjoy such exchanges. However, he (Jaitley) has carefully avoided the other questions that I raised.

  • Airtel seeks reduction in bank guarantees for auction Jan 28, 2014 04:18 PM IST

    Airtel seeks reduction in bank guarantees for auction

    Airtel, which submitted the highest amount in bank guarantees, sought the reduction today, the last day for withdrawing applications to participate in the auction.

  • Mayaram panel on FDI, FII to finalise report by next week Jan 09, 2014 07:59 PM IST

    Mayaram panel on FDI, FII to finalise report by next week

    The government had set up a four-member committee headed by Mayaram to define foreign direct investment (FDI) and foreign institutional investment (FIIs) and remove the ambiguity between them.

  • Group Ministers on MTNL, BSNL revival to meet on Jan 8 Jan 06, 2014 10:01 PM IST

    Group Ministers on MTNL, BSNL revival to meet on Jan 8

    The GoM, headed by Finance Minister P Chidambaram, in their third meeting decided on pension issues plaguing both the public sector units along with refund for wireless broadband spectrum worth more than Rs 11,000 crore to MTNL and BSNL.

  • Direct tax collection up 12.33% in Apr-Dec at Rs 4.81 lk cr Jan 06, 2014 06:54 PM IST

    Direct tax collection up 12.33% in Apr-Dec at Rs 4.81 lk cr

    Direct tax collections totalled Rs 4.29 lakh crore during the April-December period in 2012-13.

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