P. Chidambaram

Arora is hopeful of the capital expenditure cycle picking up from the second half of this financial year. In the infrastructure space, Arora is bullish on Cummins. In the banking space, he likes SBI and Axis Bank, and among autos, his top bets are Maruti and Tata Motors.

After Chennai and Mumbai, the FM has turned his attention to Bangalore and Hyderabad. Close to 50 projects across the two cities, in sectors such as infrastructure, power, and mining were reviewed in a day's time to address the issues concerned.

CNBC-TV18‘s Nimesh Shah and Animesh Das report on the record inflow of USD 10 billion into the equity markets in the January-March quarter alone.

The government has decided to stick to the excise duty hike imposed on sports utility vehicles (SUVs). With its last and final hope getting dashed on Tuesday, the country‘s largest utility vehicle player M&M is set to overhaul its existing portfolio to meet the parameters outlined in the budget.

CNBC-TV18 reports that irate KFA workers sought Chidambaram‘s aid to resolve the non-payment of salaries by the airline management.

"It was a great shot in the arm," is what Ron Somers, president, US India Business Council believes of the Indian finance minister, P Chidambaram‘s visit to New York. Chidambaram was on a wooing investors spree when travelling to United States.

India will limit the fiscal deficit for 2013-14 to below 4.8 percent of gross domestic product, finance minister P Chidambaram said on Wednesday.

The Government‘s efforts to restart stalled infrastructure projects have also given investors hope. While FII flows have been strong, strategic money has been waiting on the sidelines for more clarity on the state of the economy and certainty on the tax regime. However, investors are beginning to nibble again.

The Finance Minister P Chidambaram, who has been on a week-long tour of Canada and US, claimed that investors are convinced about the Indian government's intention and commitment towards reforms, reports CNBC TV18's Gopika Gopakumar.

Finance minister P Chidambaram on Saturday said the fiscal deficit for 2012-13 will be better than 5.2 percent as tax collection target of over Rs 10.38 lakh crore has been achieveD

CNBC-TV18 caught up with some of the top business leaders on the sidelines of the CII conference and tried to find out their views on issues like the economic situation in the country and the possibility of early general elections.

Finance minister P Chidambaram is in Japan on a roadshow to attract foreign investment. On the first day, he met with the representatives of various trade and industry bodies and the Japanese Prime Minister.

Imagine a world without borders - where FII is equal to NRI is equal to FVCI and they all are QFI! And the only discrimination is between portfolio and non-portfolio investments.

The Standing Committee on Finance has called the government's move to impose additional tax on SUVs as discriminatory. Chairman of the Committee Yashwant Sinha has written to P Chidambaram opposing the move to Tax SUVs and he wants luxury cars to be taxed instead.

CNBC-TV18's Aakansha Sethi reports that the FM has merged FII limits to lure inflows into debt segment and bridge the current account deficit.

Finance minister P Chidambaram on Wednesday said that the government intends to amend the resolution on Sri Lankan war crimes, but was still holding talks with other parties to come to a conclusion.

The government and the Reserve Bank are closely looking at money laundering allegation against some officials of the leading private sector banks, Finance Minister P Chidambaram said today.

CNBC-TV18 honours India Inc‘s top chief financial officers (CFOs) in a gala even in Mumbai. The CFO of Larsen & Tubro, Shankar Raman won the best CFO of the year award. In a special interview to CNBC-TV18, Shankar Raman says, staying optimistic was the only key to survive in this difficult business environment.

Late management guru CK Prahalad in his last public lecture presented a vision for an inclusive India, an India with a robust economy, technological vitality and vibrant modern leadership. He called this vision India@75.

A reduction in current account deficit (CAD) is just one of the perks of the new Know Your Customer (KYC) norms on gold purchases. These norms will also serve as an effective tool to widen the tax base. CNBC-TV18‘s Ashmit Kumar reports.