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CHIDAMBARAM NEWS IN ENGLISH

  • shinde not fit to be home minister singh

    Shinde not fit to be Home Minister: Singh

    Politics | January 14, 2014 22:12 IST

    New Delhi: In a scathing attack on Sushilkumar Shinde, former Home Secretary R K Singh today said he is not fit to be the Home Minister and Finance Minister P Chidambaram is “100 times better”

  • service tax amnesty scheme may fetch about rs 6 000 cr

    Service Tax amnesty scheme may fetch about Rs 6,000 cr

    January 12, 2014 16:04 IST

    New Delhi: The first-of-its-kind amnesty scheme for service tax defaulters, which ended last month, may result in realisation of about Rs 6,000 crore of additional revenue for the government.The Voluntary Compliance Encouragement Scheme (VCES), which

  • plan to open 10 000 bank branches a year from next fiscal fm

    Plan to open 10,000 bank branches a year from next fiscal: FM

    January 11, 2014 23:29 IST

    Sivaganga (TN): As part of taking banking services to rural areas, the Centre has revised its target upwards to opening 10,000 new bank branches a year, according to Union Finance Minister P Chidambaram.Earlier, there was

  • cabinet okays refund to bsnl mtnl for 4g spectrum surrender

    Cabinet okays refund to BSNL, MTNL for 4G spectrum surrender

    India | January 09, 2014 22:01 IST

    New Delhi: The union cabinet Thursday approved refunding Rs.11,258.48 crore to MTNL and BSNL which the two state-run telecom firms had paid for fourth generation (4G) spectrum in the 2010 auction."BSNL will be refunded Rs.6,724.51

  • sail rinl nmdc to achieve rs 15 820 cr capex target in

    SAIL, RINL, NMDC to achieve Rs 15,820-cr capex target in FY2014

    December 29, 2013 16:17 IST

    New Delhi: Having failed to achieve their capex targets last fiscal, three major state-owned firms - SAIL, NMDC and RINL - hope to meet cumulative Rs 15,820 crore target set for the current fiscal. Expressing

  • rbi governor meets chidambaram discusses economic situation

    RBI Governor meets Chidambaram, discusses economic situation

    December 26, 2013 23:01 IST

    New Delhi: RBI Governor Raghuram Rajan Thursday met Finance Minister P Chidambaram and discussed the macroeconomic situation."We exchanged our views on the current macroeconomic situation," Rajan told reporters after the meeting, which was also attended

  • sensex falls 151 points as us fed announces cut in stimulus

    Sensex falls 151 points as US Fed announces cut in stimulus

    December 19, 2013 16:55 IST

    Mumbai: Hit by fears over the impact of the US Fed announcing a cut in its stimulus, the benchmark Sensex dived over 151 points at the close today on selling in banking, capital goods and

  • nitish makes fresh demand for grant of special status to

    Nitish makes fresh demand for grant of special status to Bihar

    India | December 15, 2013 22:40 IST

    Purnia: Chief Minister Nitish Kumar today said his demand for grant of special category status to Bihar is not “an alm from the Centre” but a right and he will not rest till the Centre

  • new powers very helpful special court being set up sebi

    New powers very helpful; special court being set up: Sebi chief

    December 15, 2013 15:54 IST

    Mumbai: Armed with new powers to act against fraudsters and market manipulators, Sebi Chairman U K Sinha says the regulator has already begun utilising them in a big way and a process has been initiated

  • rahul gandhi appeals to all parties to unitedly pass lokpal

    Rahul Gandhi appeals to all parties to unitedly pass Lokpal Bill

    Politics | December 14, 2013 21:15 IST

    New Delhi: The Lokpal Bill appeared to be on the verge of being passed in Rajya Sabha on Monday, with Congress vice-president  Rahul Gandhi today appealing to all political parties to set aside differences to

  • don t write us off congress begins work on 2014 manifesto

    Don't write us off: Congress; begins work on 2014 manifesto

    Politics | December 13, 2013 22:02 IST

    New Delhi: Putting up a brave face after the “unexpected scale of defeat” in the assembly polls, Congress today said it should not be “written off” in the Lok Sabha polls as Rahul Gandhi reached

  • inflation control high on agenda of government reserve bank

    Inflation control high on agenda of government, Reserve Bank

    December 11, 2013 21:07 IST

    New Delhi: With high inflation being blamed for the defeat of the Congress in assembly elections, the government today said containing spiralling prices was among the top priorities on its agenda, while the Reserve Bank

  • need to restore powers of executive to boost growth fm

    Need to restore powers of executive to boost growth: FM

    December 07, 2013 20:54 IST

    Mumbai: Making a strong case for a correct balance between the executive, legislature and judiciary,Finance Minister P Chidambaram today said India cannot achieve sustainable growth unless powers of the executive to govern are restored."Governance cannot

  • mahila bank to have a branch in every state by end of fy14

    'Mahila Bank to have a branch in every state by end of FY14'

    December 05, 2013 20:01 IST

    New Delhi: Finance Minister P Chidambaram today said a branch of Bharatiya Mahila Bank, the country's first all-woman bank, would be set up in every state by the end of this fiscal.“I assure you in

  • vodafone to invest 3 bn in indian networks over next 2 years

    Vodafone to invest $3 bn in Indian networks over next 2 years

    December 04, 2013 23:41 IST

    New Delhi: Notwithstanding its nearly Rs 12,000 crore tax dispute with the government, Vodafone plans to invest $ 3 billion in the next two years that will be deployed for network expansion in rural areas.

  • avail of service tax amnesty no such offer in next 20 yrs

    Avail of service tax amnesty, no such offer in next 20 yrs: Chidambaram

    December 04, 2013 20:34 IST

    Bangalore/Hyderabad: Finance Minister P today said service tax amnesty scheme VCES is a lifetime opportunity as such offers are unlikely to come again in the next 20 years, even as he warned that evaders would

  • rbi allows banks to hawk multiple insurance products

    RBI allows banks to hawk multiple insurance products

    November 29, 2013 23:14 IST

    Mumbai: The Reserve Bank today issued draft guidelines permitting banks to enter the insurance broking business with a strong set of riders such as mandatory disclosure of remuneration received from insurers and having dedicated staff

  • gdp grows 4.8 pc in q2 fiscal deficit inflation up

    GDP grows 4.8 pc in Q2; fiscal deficit, inflation up

    November 29, 2013 20:43 IST

    New Delhi: After hitting a four-year low in the first quarter, the economy grew by a higher-than-expected 4.8 per cent in the September quarter on an uptick in agriculture and factory output, although a rise

  • containing trade deficit at 150 bn will be good chidambaram

    Containing trade deficit at $150 bn will be good: Chidambaram

    November 24, 2013 6:30 IST

    Chennai: Union Finance Minister P.Chidambaram Saturday said it will be good if the trade deficit is contained in the region of $150-155 billion this fiscal.Speaking at an interactive session with exporters, Chidambaram said the trade

  • banks supposed to implement policies of govt fm

    Banks supposed to implement policies of govt: FM

    November 23, 2013 20:32 IST

    Sivaganga: Union Finance Minister P Chidambaram today banks were supposed to implement policies of the government.Declaring open branches of the United Bank of India at Mathakupatti and Kallal in the district today, he said people

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