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August 27, 2013 8:30 PM

FM suggests 10-point formula to revive economy

Finance Minister P Chidambaram has suggested a 10-point formula to revive the country's economic situation and sought cooperation from all quarters despite of ideological and political differences. He said the country needs more reforms, lesser restrictions and open economy.Replying to a discus...

August 27, 2013 8:15 PM

FM pitches for more reforms, suggests 10-point formula to revive economy

Finance Minister P Chidambaram has suggested a 10-point formula to revive the country's economic situation and sought cooperation from all quarters despite of ideological and political differences. He said the country needs more reforms, lesser restrictions and open economy.Replying to a discus...

August 27, 2013 7:03 PM

RS passes Representation of People Bill 2013

Contending that there was a need to check growing criminalisation in politics, Rajya Sabha today unanimously passed the Representation of the People (Amendment and Validation) Bill, 2013 .The bill negates the Supreme Court directive regarding the disqualification of a legislator. Supreme Court earli...

August 27, 2013 6:53 PM

FM confident CAD to be contained at or below $70 bn dollar this year

The Finance Minister today expressed confidence that Current Account Deficit, CAD, will be contained at or below 70 billion Dollar this year. Replying to a discussion on the economic situation in the country in the Lok Sabha, P Chidambaram said, fiscal deficit will also be contained at 4.8 per cent ...

August 27, 2013 6:07 PM

FM confident CAD to be contained at or below $70 bn dollar this year

The Finance Minister today expressed confidence that Current Account Deficit will be contained at or below 70 billion Dollar this year and will be safely financed. Replying to a discussion on the economic situation in the country in the Lok Sabha, P Chidambaram said, fiscal deficit will also be cont...

August 27, 2013 2:35 PM

Rupee undervalued but will find its appropriate level: Fin Min

Finance Minister P Chidambaram has attributed domestic and international factors to the devaluation of the rupee against the dollar. He said the government has taken several steps to strengthen the Indian currency. Responding to supplementaries during Question Hour in the Rajya Sabha today, Mr Chida...

August 27, 2013 2:03 PM

Finance Minister says rupee is undervalued but will find its appropriate level

Finance Minister P Chidambaram has attributed domestic and international factors to the devaluation of the rupee against the dollar. He said the government has taken several steps to strengthen the Indian currency. Responding to supplementaries during Question Hour in the Rajya Sabha today, Mr Chida...

August 27, 2013 1:59 PM

Rupee tumbles to all-time intra-day low of 65.72 vs Dollar

The rupee tumbled to an all-time intra-day low of 65.72 per dollar today on heavy month-end demand of the US currency from importers and banks amid sharp fall in the local equity market. The rupee resumed lower at 65 per dollar as against the last closing level of 64.30 per dollar at the Interbank F...

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