P Chidmabaram

Finance Minister P Chidmabaram on Monday indicated that government may further ease restrictions on gold imports after monetary policy announcement by the Reserve Bank of India (RBI) on April 1, as the current account deficit has moderated to about $35 billion.

Dismissing IMF's growth projection of 3.75 per cent for India as pessimistic, Finance Minister P Chidambaram has said the country's economy is expected to grow by 5 to 5.5 per cent in the current financial year on back of good monsoon, robust farm output and impact of reform measures undertaken by the government in past one year.

Finance Minister P Chidmabaram expressed hope on Saturday that Insurance Amendment Bill, which seeks to raise FDI cap in the sector to 49 per cent, will be passed soon.

Finance Minister P Chidambaram will meet heads of public sector banks tomorrow and review financial performance and credit flow to productive sectors in the light of subdued economic activity, among other issues.

Finance Minister P Chidmabaram has said that the final report on General Anti-Avoidance Rules (GAAR), which would target companies and investors routing money through tax havens, report be made public in a day or two.

Finance Minister P Chidambaram will be meeting key regulators and institutional investors, including FIIs and mutual funds, here tomorrow.

Finance Minister P Chidambaram will review the direct tax collections and overall functioning of the Income Tax Department and the CBDT on Monday.

The government has raised the subsidy on imported pulses to 20 rupees per kg from the earlier 10 rupees, Finance Minister P Chidambaram said on Thursday after a cabinet meeting, a move which could increase imports.

Home Minister P Chidmabaram has said that NSG security for politicians and other VIPs will stay.

Finance Minister P Chidmabaram on Monday indicated that government may further ease restrictions on gold imports after monetary policy announcement by the Reserve Bank of India (RBI) on April 1, as the current account deficit has moderated to about $35 billion.

Dismissing IMF's growth projection of 3.75 per cent for India as pessimistic, Finance Minister P Chidambaram has said the country's economy is expected to grow by 5 to 5.5 per cent in the current financial year on back of good monsoon, robust farm output and impact of reform measures undertaken by the government in past one year.

Finance Minister P Chidmabaram expressed hope on Saturday that Insurance Amendment Bill, which seeks to raise FDI cap in the sector to 49 per cent, will be passed soon.

Finance Minister P Chidambaram will meet heads of public sector banks tomorrow and review financial performance and credit flow to productive sectors in the light of subdued economic activity, among other issues.

Finance Minister P Chidmabaram has said that the final report on General Anti-Avoidance Rules (GAAR), which would target companies and investors routing money through tax havens, report be made public in a day or two.

Finance Minister P Chidambaram will be meeting key regulators and institutional investors, including FIIs and mutual funds, here tomorrow.

Finance Minister P Chidambaram will review the direct tax collections and overall functioning of the Income Tax Department and the CBDT on Monday.

The government has raised the subsidy on imported pulses to 20 rupees per kg from the earlier 10 rupees, Finance Minister P Chidambaram said on Thursday after a cabinet meeting, a move which could increase imports.

Home Minister P Chidmabaram has said that NSG security for politicians and other VIPs will stay.