Chidambaram

  • CBI to probe Chidambaram over FIPB approval in Aircel-Maxis deal Yesterday

    New Delhi: In a blow to former finance minister P Chidambaram, the Central Bureau of Investigation CBI will investigate the circumstances of the Foreign investment Promotion Board approval given by him in the Aircel-Maxis deal in 2006. Clearing his stand, Chidambaram on Friday said that there was no violation of...
  • Did not receive any letter on PPP audit from Vinod Rai, says Chidambaram 4 days ago

    New Delhi: Former Finance Minister P Chidambaram on Tuesday said that he did not receive any communication from ex-CAG Vinod Rai on the audit of PPP projects. "I do not recall any address to me by the CAG on the subject. I have since confirmed that no letter was addressed...
  • AITA removes Karti Chidambaram from Vice-President's post 1 week ago

    Bangalore: The internal politics in the All India Tennis Association (AITA) got messier as the parent body on Thrusday removed its Vice-President Karti Chidambaram citing conflict of interest while the aggrieved official has decided to move court to challenge his expulsion. The AITA held its AGM in the city and apart...
  • TN: 20-member gang hacks brothers to death, beheads them September 3, 2014

    Chennai: In a gruesome incident, a 20-member gang hacked two brothers to death in Tamil Nadu. The gang then beheaded them with sickles and dumped their heads at a medical college hospital in Chidambaram district. The gang also attacked friends and relatives of the two brothers, Ambulance Kumar and Rajesh, who...
  • Congress proved right, GDP data shows decline in economic growth halted in 2013-14: Chidambaram August 30, 2014

    New Delhi: In response to the first quarter growth figures being the highest its been in two-and-a-half years, former Finance Minister P Chidambaram has said that the results are in line with the Congress's stand that the decline in growth had ended in their term. "Congress party and I are...
  • Borrowed Chidambaram's language in Insurance Bill, Congress shouldn't oppose it: Jaitley August 5, 2014

    New Delhi: There is still no political consensus on the Insurance Laws Amendment Bill which is expected to be the Narendra Modi government's first attempt at a reform. The Congress, which has been opposed to the Bill, has been given three options by the government to either approve, reject or...
  • Delighted with setting up of $100 billion BRICS Bank: Chidambaram July 16, 2014

    New Delhi: Welcoming setting up of the BRICS Bank, former Finance Minister P Chidambaram on Wednesday said the work initiated by United Progressive Alliance (UPA) government last year has led to its culmination in Brazil on Tuesday. "I am delighted that the work begun by the UPA government at the BRICS...
  • Chidamabaram appreciates restrained language of Economic Survey July 9, 2014

    New Delhi: Former Finance Minister P Chidambaram on Wednesday appreciated the restrained language of the pre-Budget Economic Survey but expressed disappointment over it envisaging a five year period to put in place reforms. Reacting to the Survey tabled in Parliament on Wednesday, he said that he was glad that it...
  • April-May fiscal deficit is Rs 2.4 lakh crore June 30, 2014

    New Delhi: The fiscal deficit in the first two months of 2013-14 was Rs 2.4 lakh crore or 45.6 per cent of Budget Estimates for the whole financial year. The fiscal deficit -- the gap between expenditure and revenue -- for the whole fiscal has been pegged at Rs 5.28...
  • Tamil Nadu Congress factions team up against P Chidambaram May 30, 2014

    Chennai: A day after supporters of P Chidambaram demanded resignation of Tamil Nadu Congress Committee president BS Gnanadesikan, several senior party functionaries on Friday came unitedly against the former Union Minister and alleged he "failed to rein in price rise" which was a key reason for the party's debacle at...
  • Priyanka admits to having multiple DINs, offers to pay fine May 19, 2014

    New Delhi: BJP leader Subramanian Swamy who has been in the forefront of attack on the Nehru-Gandhi family has revealed that Congress President Sonia Gandhi's daughter Priyanka Gandhi Vadra has admitted that she has made multiple Director Identification Numbers applications (DIN). The Corporate law makes it illegal to have multiple...
  • Emotional P Chidambaram bids adieu to Finance Ministry May 15, 2014

    New Delhi: An emotional P Chidambaram on Thursday bid adieu to the Finance Ministry, which he had served thrice, with a promise that he would continue to remain active in public life. Chidambaram, 68, who holds the distinction of presenting nine Unions Budgets -- short of the record 10 delivered by...
  • BJP debates junking deficit cut roadmap May 15, 2014

    The Bharatiya Janata Party (BJP) set to form the next government, is debating scrapping or revising a plan to cut the fiscal deficit to a nine-year low over the next three years, sources with direct knowledge of the situation told Reuters. While the BJP is not bound by the roadmap of...
  • Congress debating idea of 'enlarged' UPA-III to stop Narendra Modi May 14, 2014

    New Delhi: Unfazed by exit polls projecting a dismal performance by it, Congress is still seeing a chance for it to keep out NDA and form the next government with the help of secular parties. "We expect NDA to get below 200 (seats) and such a situation will give Congress and...
  • Take joint action against wilful defaulters: Chidambaram to banks May 13, 2014

    New Delhi: Finance Minister P Chidambaram on Tuesday advised public sector banks to form a consortium and take joint action against wilful defaulters, especially in the cases where the "promoter is prosperous but the company is sick." After reviewing annual performance of public sector banks and financial institutions for fiscal...
  • FM to meet heads of PSU banks, financial institutions on Tuesday May 12, 2014

    Amidst rising bad loans, Finance Minister P Chidambaram will review financial performance of public sector banks (PSBs) on Tuesday. The review will cover overall credit growth, with particular reference to agricultural credit, MSME credit, housing loan, education loan and lending to minority communities among others, an official statement said. Chidambaram will also...
  • India, others sign pact for automatic sharing of tax info: Chidambaram May 12, 2014

    New Delhi: India and scores of other countries, including Switzerland, have adopted a global declaration for automatic exchange of tax information, Finance Minister P Chidambaram said on Monday. The adoption of the Declaration on Automatic Exchange of Information in Tax Matters last week comes in the backdrop of India stepping up...
  • I decide monetary policy, govt can fire me if it wanted: Raghuram Rajan May 9, 2014

    New Delhi: Asserting independence of the central bank, Reserve Bank Governor Raghuram Rajan on Friday said that it is he who determines the monetary policy and the government can fire him if it wanted. "I determine the monetary policy. I say what it is. The government can fire me, but the...
  • Congress has good chance of forming govt with allies: Chidambaram May 8, 2014

    New Delhi: Congress has a "very good chance" of forming a government under its leadership with some allies, Finance Minister P Chidambaram said on Thursday amid talk of an "enlarged" UPA-III to stop Narendra Modi from coming to power. Talking to reporters at the AICC headquarters, Chidambaram also insisted that the...
  • IPL 7: Things are falling into place for Mumbai Indians now May 7, 2014

    After five straight defeats in the UAE, Mumbai Indians charged to their second consecutive win in IPL 7, beating Royal Challengers Bangalore and the team's stumper-batsman Chidambaram Gautam feels things are finally looking up for the defending champions. "We have been waiting for this moment the past couple of games....
  • Should a politician's private life become a public issue? May 1, 2014

    Congress general secretary Digvijaya Singh has tweeted that he is in a relationship with a journalist Amrita Rai. In a tweet he said, "I have no hesitation in accepting my relationship with Amrita Rai. She and her husband have already filed a mutual consent divorce case." ...
  • Coalgate: Two years on, not a single arrest yet May 1, 2014

    New Delhi: Two years after the CBI launched investigations into Coal block allocation scam, one of the most politically sensitive cases, the probe is fast losing steam. The agency which was quick to file 18 FIRs in just two years is increasingly finding it difficult to sustain their allegations. Sources...
  • P Chidambaram makes strong pitch for NCTC May 1, 2014

    New Delhi: Concerned over the twin bomb explosions in a train in Chennai, Finance Minister P Chidambaram on Thursday made a strong pitch for NCTC, saying the mechanism would have helped plug loopholes in coordination. Chidambaram, who as Home Minister had pushed hard for National Counter Terrorism Centre (NCTC), which could...
  • FIR against Modi: Chidambaram says he should apologise May 1, 2014

    Taking a jibe at BJP's prime ministerial candidate Narendra Modi, Finance Minister P Chidambaram on Thursday said that he should apologise for the violation of model code of conduct. ...
  • Chidambaram has nothing to hide in Saradha scam: Anand Sharma April 28, 2014

    Kolkata: Rebutting Narendra Modi's charge that Union Finance Minister P Chidamaram had something to hide in the Saradha scam, Union Commerce Minister Anand Sharma on Monday said that Trinamool Congress leaders were involved in the scandal and they would be investigated and punished under law. Sharma alleged that Chief Minister Mamata...
  • Chidambaram, Mamata united to save Saradha scamsters: Modi April 27, 2014

    Sreerampore: Accusing Finance Minister P Chidambaram and West Bengal Chief Minister Mamata Banerjee of joining hands to help those behind the Saradha chit fund scam, BJP prime ministerial candidate Narendra Modi on Sunday said "strong action" will be taken against all culprits if he wins power. "Chidambaramji, you are the finance...
  • Why no talk of Vajpayee's niece joining Congress: Chidambaram April 27, 2014

    Vadodara: Seeking to downplay the issue of Prime Minister Manmohan Singh's half-brother, Daljeet Singh Kohli, joining BJP, Union Finance Minister P Chidambaram today asked why nobody made a fuss over Karuna Shukla, former PM Atal Bihari Vajpayee's niece, quitting BJP and joining Congress earlier. "Why no question is being asked on...
  • Boasting Gujarat model is like mocking other states: Chidambaram April 27, 2014

    Finance Minister P Chidambaram on Sunday hit out at Narendra Modi, saying that boasting Gujarat model is like mocking other states. He also added that other states are much more successful than Gujarat in other areas. ...
  • Modi is Chief Minister of an average state: Chidambaram April 26, 2014

    New Delhi: Finance Minister P Chidambaram on Saturday sought to take the wind out of 'Gujarat Model' saying Narendra Modi is Chief Minister of an average state and the model being propagated by him was "exaggerated and boastful". "Gujarat is an average state. It has neither the best performance, nor...
  • Saradha scam: Chidambaram hits back at Mamata Banerjee April 26, 2014

    New Delhi: With Mamata Banerjee targeting him on the Saradha scam issue, Finance Minister P Chidambaram on Saturday rejected allegations by the West Bengal Chief Minister that Enforcement Directorate was acting at his behest. He also asked why the Chief Minister was concerned about people "charged with wrongdoings" and said she...