Search Results for: P. Chidambaram

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Chidambaram says would have fought against Modi if he knew Hindi, politicos react

New Delhi, April 01 (ANI): Politicos on Tuesday reacted on Finance Minister P Chidambaram’s statement that he would have fought against Narendra Modi’s ‘crony capitalism’ from Varanasi constituency if he knew Hindi language. BJP Spokesperson Meenakshi Lekhi said that Chidambaram should look at himself before commenting on others and that he knows Tamil language, so he should better contest from Tamil Nadu. Further, Former JD (U) Leader Shivanand Tiwari said that Hindi is a national language and it was not like Chidambaram had to speak in pure Hindi language for staging a rally in Varanasi. Apr 1, 2014
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Modi's brand of business is based on crony capitalism: Chidambaram

New Delhi, Mar 31 (ANI): Finance Minister P Chidambaram on Monday stated that the country's economy is much more stable than how it was 20 months ago. Chidambaram also spoke about UPA government's achievements and targeted Narendra Modi's model of business, calling it crony capitalism. Mar 31, 2014
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Chidambaram suffers from selective memory: Ravi Shankar Prasad

New Delhi, Mar 31 (ANI): BJP leader Ravi Shankar Prasad, on Monday attacked the Congress Party and Finance Minister P Chidambaram in particular accusing them of indulging in crony capitalism. Prasad said that Chidambaram is suffering from selective memory. Further, the BJP leader also stated that Chidambaram’s refusal to contest elections is the first open confession of unwillingness of Congress Party to fight. Mar 31, 2014
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Economic growth is stable and there are no downgrade threats: P Chidambaram

New Delhi, Mar 31 (ANI): Finance minister P Chidambaram on Monday claimed that the economy of the country today is far more stable and far stronger than it was 20 months ago. He added that the government is hopeful of meeting major fiscal consolidation targets and the country's current account deficit is estimated to come down to Dollar35 billion in the 2013-14 from a record high of Dollar88 billion. Mar 31, 2014
chidambaram-running-away-from-contesting-responsible-for-indias-gloomy-economy-bjp

Chidambaram running away from contesting, responsible for India's gloomy economy: BJP

New Delhi, Mar 21 (ANI): Launching a scathing attack on Finance Minister P Chidambaram, who has opted out of the Lok Sabha election with the party on Thursday night nominating his son Karthi from his constituency Sivaganga in Tamil Nadu, BJP leader Nirmala Sitharaman said that after bring the shining economy of India to the gloom, Chidambaram is running from contesting elections. She added that the move is symbolic of the mindset of all senior Congress leaders. Mar 21, 2014

P Chidambaram presses for freedom of media

New Delhi, March 10 (ANI): Finance Minister P Chidambaram on Monday emphasized on the freedom of media for the interest of the nation while addressing the Delhi's unit of Kerala's union of working journalists in the national capital. He also called on media to do extensive research before reporting news after mentioning the example of a newspaper that ran incorrect news about Reserve Bank of India. He quoted United States Watergate scandal case as an example of proper research and verification of facts. He also mentioned about how dangerous the profession of journalism and the restrictions faced by the journalists today. Mar 10, 2014
p-chidambaram-presses-for-freedom-of-media

P Chidambaram presses for freedom of media

New Delhi, March 10 (ANI): Finance Minister P Chidambaram on Monday emphasized on the freedom of media for the interest of the nation while addressing the Delhi's unit of Kerala's union of working journalists in the national capital. He also called on media to do extensive research before reporting news after mentioning the example of a newspaper that ran incorrect news about Reserve Bank of India. He quoted United States Watergate scandal case as an example of proper research and verification of facts. He also mentioned about how dangerous the profession of journalism and the restrictions faced by the journalists today. Mar 10, 2014
government-to-set-up-inflation-target-rbi-to-implement-chidambaram

Government to set up inflation target, RBI to implement: Chidambaram

New Delhi, March 07 (ANI): Union Finance Minister P Chidambaram asserted on Friday that the government has the right set up an inflation target while the Reserve Bank of India's (RBI) role is to implement the decision. The comment by Chidambaram comes after a RBI panel in January proposed moving to an inflation target of 4 percent in three years, with a 2 percent band on either side when setting monetary policy, sharply below current levels. The recommendation raised concerns about a potential clash with the traditionally more pro-growth finance ministry, which were further reinforced after RBI surprised investors in January by raising interest rates by a quarter percentage point, its third hike in five months. Chidambaram made it clear that parliament will set an inflation target and entrust the central bank to implement the propositions. Mar 7, 2014
P Chidambaram

Non-performing assets biggest challenge for public sector banks: Chidambaram

New Delhi, Mar 6 (ANI): Reviewing performance of public sector banks, Finance Minister P Chidambaram said "biggest challenge faced by PSU banks is non-performing assets and their asset qualities". Chidambaram said that credit disbursal to medium- sized industry has declined and was only "satisfactory" in the agricultural sector. Chidambaram also said that a large part of the meeting with banks' chiefs was focused on bad loans and the steps needed for the recovery. Mar 6, 2014
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Toyota Slashes Vehicle Prices in India

Toyota Kirloskar Motor (TKM), the manufacturer of the India's favourite Innova, is the latest carmaker to announce a price cut in India, to woo the auto lovers' in the country. The price cut comes in the wake of the latest excise duty reduction announced in the interim budget 2014-15. Mar 4, 2014
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