Cong, BJP join hands to pass Pension Bill in Lok Sabha
New Delhi: A key economic reforms legislation, the Pension Bill, that provides for investment of funds in equity market and opens the sector to at least 26 per cent FDI was on Wednesday passed by the
India looks at NRIs to defuse crisis
New York/ Mumbai: The patriotism of wealthy overseas Indians has helped the country avert economic crises in the past and it is little surprise that embattled policymakers are turning to them again t
Rs 3-5 diesel price hike in offing
New Delhi: With oil subsidies mounting, petroleum minister petroleum minister M. Veerappa Moily on Thursday discussed with finance minister P. Chidambaram various options before the government includ
Steps to attract inflows likely in a week, says Finance Ministry
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
Chidambaram meets top bankers to shore up fund inflows
Finance minister P. Chidambaram Saturday held a closed-door meeting here with top bankers to take stock of the situation in the wake of rupee volatility and ways to shore up foreign capital to bridge the widening current account gap.
Govt seeks Parliament nod for additional expenditure of Rs 7,500 crore; 1,000 cr towards 'Nirbhaya Fund'
New Delhi: The government on Friday sought Parliament's nod for an additional expenditure of Rs 7,500 crore, which will include Rs 1,000 crore towards 'Nirbhaya Fund' for safety of women and a simila
Govt will not take any captial control action: Chidambaram
New Delhi: Finance Minister P. Chidambaram asserted again that there is no intention to introduce any capital control measures by the government and RBI, in New Delhi on Thursday.
But the minister ma
Indian markets need not be so sensitive to US data: FM
Attributing the four per cent plunge of the Bombay Stock Exchange (BSE) Sensex to global factors, finance minister P. Chidambaram Friday said the market should not be “so sensitive” to data flowing from the US but reflect Indian conditions.
T will be served in time, says P. Chidambaram
Hyderabad: Ending speculation that the Centre may postpone the creation of the new state of Telangana because of the ongoing agitation against it by the Seemandhra region, Union finance minister P. C
Chidambaram, Deputy Chairman P.J. Kurien spar in Rajya Sabha; House stalled for an hour
New Delhi: In an unusual episode, Finance Minister P Chidambaram and Deputy Chairman P J Kurien sparred in the Rajya Sabha over procedures, triggering commotion which led to stalling of the House for