P Chidambaram News

On September 16, 2013, our honorable finance minister P. Chidambaram launched IRDA's insurance repository system (IRS).This system will insure green initiative, transparency in all the insurance related work and lower management cost for the insurers. It will also bring down total ...

Kolkata: Finance Minister P Chidambaram on Tuesday said service tax evaders would not get any escape route and warned that stern action, including arrest and prosecution, would be taken against them. "The services sector constituted 55 percent of the GDP ...

Singapore: Finance Minister P Chidambaram on Thursday assured the Indian diaspora community that their home country was a safe investment destination. He also assured stability of Indian rupee, saying it better reflected the true value after the RBI took urgent steps ...

An insurance repository is a company which has been granted a certificate of registration by Insurance Regulatory and Development Authority (IRDA) for maintaining data of insurance policies inElectronic form on behalf of insurers. In effect an insurance repository facilitates the ...

Buoyed by better-than-expected first quarter current account deficit (CAD) numbers, Finance Minister P. Chidambaram said he was confident of closing the fiscal with a better set of numbers than initially projected. The Minister also said economic growth closer to 5.5 ...

An inter-ministerial panel has suggested higher taxes for non-essential imports with a view to curbing inward shipments and containing the current account deficit (CAD). The Committee has also suggested a list of non-essential items the import of which could be ...

Finance Minister P Chidambaram today said there was a rising demand for opening bank branches and expressed confidence the bankers would respond positively to it. "Bank branches are important for many reasons. People complain that they cannot open their bank ...