Search Results for: P. Chidambaram

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Prepared for volatility after record surge in markets: RBI Chief

New Delhi, May 14 (ANI): Indian markets are so confident the BJP led by Narendra Modi will win the country's elections that brokers fear anything short of a decisive victory could spark the worst sell-off in years. Reacting over this, RBI governor Raghuram Rajan said that measures are in place to check any kind of volatility in the markets in next few days. Rajan said this after meeting Finance Minister P Chidambaram, who asked regulators to remain alert and take necessary actions to curb excessive volatility. Exit polls for the world's biggest election indicate that voters have turfed out the coalition government led by the Congress party, which has presided over a slump in economic growth and been troubled by a string of corruption scandals. May 14, 2014
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RBI Chief Stresses his Independence from Government

The head of the Reserve Bank of India (RBI) said on Friday that he - and not the government - was responsible for setting monetary policy, asserting his independence in taking a hawkish stance on inflation amid an election hinging on how to revive economic growth. May 10, 2014
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Chidambaram says 2000-2003 saw worst phase in India's growth

New Delhi, May 01 (ANI): Targeting the then NDA government, Union Finance minister P Chidambaram on Thursday said that India saw worst phase in its growth between the year 2000 and 2003. Chidambaram said that Gujarat and Madhya Pradesh governments have stalled progress of GST. He also said that UPA and Congress are committed to pass DTC Bill. May 1, 2014
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Mixed reactions flow, soon after Chidambaram accepts mistakes of UPA 2

New Delhi, April 29 (ANI): Soon after Finance Minister P Chidambaram accepted that UPA made and termed 2010-11 to be most critical years, reactions from various political parties flowed in. BJP leader Mukhtar Abbas Naqvi stated that it's too late for Congress to realize its mistakes. Rajya Sabha MP Mohd Adeeb said that it was already known still if Congress has realized mistakes then they should do something to improve it. CP (I) leader D Raja stated that UPA 2 govt could not connect with common man. Meanwhile, Congress leader Meem Afzal viewed it as Chidambaram's personal opinion. Apr 29, 2014
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Election results will be product of missed opportunities: P Chidambaram

New Delhi, April 29 (ANI): Finance Minister, P Chidambaram on Monday said result of general elections will be the product of critical years of 2010-11 and missed opportunities. Interacting during launch of a book by editor-in-chief of newspaper, ‘Indian Express’, Shekhar Gupta, titled-‘Anticipating India-The Best of National Interest’, Chidambaram said 2010-11 were critical years and crucial mistakes were made. Chidambaram added there was lack of communication between the political class and people. Chidambaram also spoke about the growth rate and steps taken by the government. Apr 29, 2014
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Narendra Modi has character flaw: Chidambaram

Vadodara, April 27 (ANI): Attacking Narendra Modi, Finance Minister P Chidambaram on Sunday said that he suffered from character flaw. Chidambaram said Modi used to call former Chief Election Commissioner James Michael Lyngdoh with his complete name to draw special attention towards his religion. However, refuting claims made by Modi on his Gujarat model of development, the finance minister said it was not inclusive. Apr 27, 2014
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Leaders cast their vote on second-biggest day of 16th LS polls

Chennai/Alwar/ Sivaganga, April 24 (ANI): Leaders thronged the polling booth to exercise their franchise on Thursday on the second-biggest day of the 16th Lok Sabha polls. Journalist, N Ram after casting his vote in Chennai said Indian voters keep changing his or her mind where is volatility of the situation. India's junior sports minister, Jitendra Singh cast his vote in Alwar district of Rajasthan and said that high turnout is going to favour Congress. Meanwhile, Finance Minister P Chidambaram and DMK President M Karunanidhi also cast their votes from respective constituencies. Apr 24, 2014
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BJP reacts to Chidambaram's 'Modi overtaking BJP' remark

New Delhi, April 06 (ANI): BJP leaders Mukhtar Abbas Naqvi and Bizay Sonkar reacted to the statement made by Finance Minister P Chidambaram who stated that Modi has taken over BJP. Naqvi hit back at Congress saying that the Congress is questioning BJP as if BJP was in power for the last so many years. He further added that Congress has already accepted its defeat and now just making vague statements. Meanwhile, BJP leader Bizay Sonkar Shastri said that the public had already accepted Narendra Modi as their leader, BJP has only made an official declaration. Apr 6, 2014
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Modi has overtaken and taken over the party, BJP is only a shadow: P Chidambaram

Chennai, April 6 (ANI): Finance Minister P Chidambaram on Sunday attacked the BJP highlighting its various flaws. Chidambaram stated that AIADMK and the BJP have a common understanding and that is why the AIADMK chief never says anything against the BJP. He further targeted Modi for remaining unrepentant for the 2002 Gujarat riots. He also said that senior BJP leader LK Advani had rightly called Modi as an event manager because he planned the Gujarat riots very well. Chidambaram further said there would be very serious consequences if Modi, with his stated positions and his character flaws, becomes the prime minister. Apr 6, 2014
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