List
of articles tagged as P-Chidambaram
P Chidambaram has said the Union Government will lower the cost of aviation turbine fuel (ATF).
Tuesday, November 25, 2008 ibnlive.in.com
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Business
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New Delhi: Union Finance Minister P Chidambaram has said the Union Government will lower the cost of aviation turbine fuel (ATF) and with it the chances of airfares coming down have risen.
To bring down the cost of ATF, Chidambaram wants to notify it as a declared good and when it happens, ATF will attract a uniform four per cent sales tax.
At present states sales taxes are as high as 30 per cen
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FM said interest rates may soften further and also made a case for revisiting reforms to make the ec
Tuesday, November 25, 2008 www.hindustantimes.com
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Business
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With inflation declining to single digit level, Finance Minister P Chidambaram on Monday said interest rates may soften further and also made a case for revisiting reforms to make the economy more competitive.
Addressing the Economic Editors' Conference in New Delhi, the finance minister said Indian economy would continue to grow at 7-8 per cent-- the second fastest rate in the world-- this fisc
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Finance Minister used the India Economic Summit to trigger a debate on how to ride the global econom
Wednesday, November 19, 2008 ibnlive.in.com
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Business
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New Delhi: India is still talking of better growth rate and says it is looking for solutions to a global problem. But Finance Minister used the India Economic Summit to trigger a debate on how to ride the global economic storm
“While world output will decline - and to that extent affect our exports, affect some capital inflows, affect external credits - we must be able to quickly substitute or co
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Political pressure to slash airfares is building on the domestic carriers but they are in mood to bu
Wednesday, November 19, 2008 www.dnaindia.com
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Business
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MUMBAI/ BANGALORE: Political pressure to slash airfares is building on the domestic carriers but they are in mood to buckle under right now.
The government is expecting the airlines to prune fares as oil marketing companies have reduced aviation turbine fuel (ATF) prices by around 45% after five price cuts since August.
On Tuesday, finance minister P Chidambaram opined airlines to apply the “cla
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P Chidambaram asked the Indian industry to cut prices and maintain production.
Tuesday, November 18, 2008 www.hindustantimes.com
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Business
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Finance Minister P Chidambaram on Tuesday asked the Indian industry to cut prices and maintain production levels in a bid to address demand slowdown, while exuding confidence that the economy will bounce back next year.
"The classic response to demand slowdown is to cut prices for the short-term," the finance minister said on the concluding day of the Davos-based World Economic Forum's (WEF's)
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Calling upon the automobile manufacturers, realty firms and airlines to reduce prices, finance minis
Tuesday, November 18, 2008 timesofindia.indiatimes.com
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Business
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NEW DELHI: Calling upon the automobile manufacturers, realty firms and airlines to reduce prices, finance minister P Chidambaram on Tuesday
promised to consider excise duty cut for the sectors which are facing the heat of global financial meltdown.
"Hotels must cut tariffs; airlines must cut prices; real estate must cut rates of apartments and homes they sell; car makers and two-wheeler makers m
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Leaders of the world's most powerful nations and emerging economies like India are meeting in Washi
Saturday, November 15, 2008 www.ndtv.com
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Leaders of the world's most powerful nations and emerging economies like India are meeting in Washington on Saturday for the high stakes summit G-20 Summit. They have their agenda cut out, which is, how to come up with a winning strategy against the global financial crisis and recession.
So far, none of the measures taken by the leading economies seem to have had any effect on their rapidly shri
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Chidambaram has said that the World Bank should enhance assistance to India to help tide over the fa
Friday, November 14, 2008 ibnlive.in.com
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Business
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Frankfurt: Finance Minister P Chidambaram has said that the World Bank should enhance assistance to India to help tide over the fallout of the global financial crisis on his way to the G-20 summit in Washington.
''The World Bank can step up lending to India from the present level of three billion dollars a year for Central and State projects and programmes. It is very important that the few cou
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While govt terms the growth rate as ‘encouraging’ when compared to August’s dismal 1.42 pc rate, ana
Thursday, November 13, 2008 www.mumbaimirror.com
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Business
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New Delhi: Activity at factories recovered in September from its slowest pace in a decade as consumers spent for the festival season, but analysts said the rebound would be short-lived after the global credit crisis turned on India in October.
In fact, the country’s industrial growth was pulled down by poor manufacturing growth to 4.8 per cent in September, down from 7 per cent seen in September
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Slowdown in customs and excise duties collections has prompted the Finance Ministry to press the pan
Thursday, November 13, 2008 ibnlive.in.com
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Business
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New Delhi: Reports of a slowdown in customs and excise duties collections has prompted the Finance Ministry to press the panic button on direct taxes.
Union Finance Minister P Chidambaram has asked income tax officers to get aggressive on tax collection after a fall in excise and customs collections.
Ministry sources have informed Network18 that Revenue Secretary PV Bhide met Income Tax commissi
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