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Chidambaram Expresses Shock, Over Vikram Kirloskar's Death
Rajya Sabha MP and former Union Finance Minister P Chidambaram on Wednesday expressed shock over the demise of Toyota Kirloskar Vice Chairman, Vikram S Kirloskar and said his contribution to the automobile sector would be remembered forever. Kirloskar died due to ...

Economy more stable today; new bank licences in a few weeks
Seeking to paint a rosy picture, Finance Minister P Chidambaram today said the fiscal and current account deficits are under control and the economy is more stable than it was 18 months ago. "The economy certainly is more stable today ...
Satisfied with G20 outcome, concerns on board: Chidambaram
Sydney: Satisfied with the outcome of G20 meeting, Finance Minister P Chidambaram Sunday said India's concerns with regard to withdrawal of US stimulus and the need to expedite IMF quota reforms have been taken on board by the group of rich ...
How Chidambaram averted a sovereign rating downgrade?
In late Jan and early Feb, a currency contagion almost engulfed emerging markets including those in South Africa, Argentina, Turkey, Ukraine with even fundamentally strong currencies like the Mexican Peso coming under fire. The Indian rupee did not budge and ...
No compromise on fiscal consolidation: Chidambaram
Brushing aside apprehensions expressed by a rating agency, Finance Minister P. Chidambaram on Wednesday said the government will stick to the path of fiscal consolidation and endeavour to narrow the deficit to 3 per cent of gross domestic product by 2016-17. ...
Ratan Tata is Sachin Tendulkar of corporate India: Chidambaram
MUMBAI: Praising industrialist Ratan Tata, finance minister P Chidambaram on Friday described him as the Sachin Tendulkar of corporate India. Chidambaram was speaking after honouring the Chairman Emeritus of the Tata Group with the first CII President's award for his contributions ...
No easy answers to high retail inflation: Chidambaram
Mumbai: As retail inflation crossed the double-digit mark, Finance Minister P Chidambaram Thursday said the government is looking at various suggestions to cool prices but there were no easy answers to the problem. "Both RBI and the government are trying ...
India won't seek IMF funds in five years: Rajan
Washington: India is not facing any economic crisis and won't approach IMF for funds in the next five years as the country has enough forex reserves, Reserve Bank Governor Raghuram Rajan has said. "There's no way we are close to ...
Financial Intelligence Unit begins probe in NSEL crisis
NEW DELHI: The Financial Intelligence Unit has begun a probe into the transactions of investors and owners of crisis-ridden National Spot Exchange Limited (NSEL) after probe agencies investigating the bourse detected alleged discrepancies in financial dealings. The FIU, under the ...
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