A day after the Prime Minister ruled out any roll back in petrol prices, Union Finance Minister Pranab Mukherjee on Saturday said he will explain the reasons behind the hike and expressed hope that

Defending the government on the recent petrol price hike, Finance Minister Pranab Mukherjee Saturday said the decision on the increase was taken by oil firms, as the fuel was a de-regulated item.

"Th

Finance Minister Pranab Mukherjee on Friday said the recent hike in petrol prices will have some impact on inflation which is currently hovering close to the double-digit mark.

"Of course it will

India could consider supporting extra financing for the euro zone if European policymakers make a credible assessment of its solvency problems, Finance Minister Pranab Mukherjee told reporters on Wedn

Finance Minister Pranab Mukherjee on Monday said inflation will start easing soon as the government's efforts to remove supply-side bottlenecks have started yielding results.

"The current inflation

Tough talking by the then External Affairs Minister Pranab Mukherjee, following the 26/11 attacks, rattled Pakistan so much that it pressed the panic button and called everyone from Chinese to the A

Rise in food inflation to double digit is a matter of great concern and government is taking steps to reduce it, Union finance minister Pranab Mukherjee said here on Sunday.

Debt crisis in Europe and slowdown in the US are having an adverse impact on India, but the fundamentals of the country's economy remain intact, Finance Minister Pranab Mukherjee said here on Saturd

Ahead of credit policy review, Reserve Bank Governor D Subbarao on Friday met Finance Minister Pranab Mukherjee and discussed ways to deal with spiraling prices aggravated by a weak rupee.

"I cam

Finance Minister Pranab Mukherjee on Wednesday said the global slowdown will impact India's growth prospects, but expressed hope that inflation will start moderating from December.

However, he