P. Chidambaram
General
October trade deficit jumps, but trends seen positive
India's trade deficit jumped in October, rebounding from a 2-1/2 year low the previous month, as purchases of gold picked ......
General
India to stick with austerity despite looming election: FM
The government will have to rein in spending and cut subsidies to meet its fiscal deficit target, the finance minister ......
General
RBI will issue seven banking licences, says finance minister
Finance Minister P Chidambaram has said the country’s banking regulator is expected to issue seven licences.According to reports, Chidambaram, who ......
Consumer
Banks to offer cheap loans for bikes, fridges
Indian banks will offer cheaper loans to stimulate demand for two-wheelers and other consumer durables as Finance Minister P. Chidambaram ......
General
Slowing economy may force Chidambaram to wield budget knife
The finance minister may have to slice at least 200 billion rupees from government spending to prevent a budget blow-out, ......
Infrastructure
Government approves infra projects worth over $27B to kick-start investment
The government said on Tuesday it had approved a raft of infrastructure projects worth Rs 1.83 trillion to revive economic ......
General
Chidambaram warns of flat Q1, says rupee undervalued
India's troubled economy did not rebound in the quarter that ended in June but will begin to in the rest ......
General
Government to lift FDI cap in some sectors by July: Finance Minister
India will lift foreign direct investment (FDI) caps in some sectors by the third week of July, Finance Minister P. ......
Others
In blow for India, S&P affirms negative rating outlook
Standard & Poor's reiterated its negative outlook on India's credit rating, which is one notch above "junk", warning of the ......
General
Chidambaram says current account deficit could be halved in 1-2 years
Finance Minister P. Chidambaram said on Wednesday he expected India's current account deficit for the 2012/13 fiscal year that ended ......
