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Foreign IPOs made easy for $

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New Delhi: Finance ministry on Friday allowed domestic companies to list and raise capital overseas without first being listed on local exchanges to boost capital inflows.Currently unlisted companies

Steps to attract inflows likely in a week, says Finance Ministry

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Mumbai: After discussions between Finance Minister P. Chidambaram and FIIs and banks, the Finance Ministry on Saturday said steps to attract capital flows to fund the current account deficit can be e

Finance ministry wants cap on gas price; RIL to sell gas at $4.2

Days after the Cabinet approved doubling of natural gas price from April next year, the finance ministry has written to oil ministry suggesting setting of a ceiling or an upper limit for the rates.

Rupee not in shambles, govt is ready to take step to curb volatility: Chief Economic Advisor

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New Delhi: With the rupee dipping to an unprecedented low level, the government is ready to take step to curb volatility, Chief Economic Advisor to the Finance Ministry Raghuram Rajan said on Thursda

FinMin wants cut in laptop purchases, tours by ministries

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Curtail the purchase of laptops,avoid transferring officials and reduce foreign trips and miscellaneous expenses.

This advice forms part of a circular issued by the Finance Ministry to various minist

FinMin to verify OMCs' losses before deciding on subsidy

The Finance Ministry in a study will verify the claims of losses by state-owned oil companies
on selling diesel, LPG and kerosene below cost price and decide the quantum of subsidy for 2012-13 based o

For Chidambaram, there is no time to waste

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P. Chidambaram has a simple message for investors disillusioned by India's policy drift: it is no longer 'business as usual' in the corridors of North Block, the sandstone colonial building that house

Govt will ensure stable tax regime: Chidambaram

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Confident of meeting direct tax collection target for the current fiscal, the Finance Minister P. Chidambaram on Monday said the government will ensure stable tax regime and non-adversarial approach

India appoints ex-IMF economist Rajan as top adviser: Sources

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India has appointed Raghuram Rajan, the outspoken former chief economist to the International Monetary Fund who is critical of the government's economic management, as its top adviser at the finance m

Chidambaram takes over as Finance Minister

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After a gap of about four years, P. Chidambaram on Wednesday returned as head of the Finance Ministry amid urgency to give a boost to the sagging economy.

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