from Expert Zone:

Tough to get the math right in 2014/15 interim budget

February 19, 2014

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Finance Minister P. Chidambaram went more by economic considerations than political ones in manoeuvring his pre-election budget, the focus being on fiscal consolidation with an eye on rating agencies.

from India Insight:

Interview: Chidambaram on Modi, Rahul Gandhi and becoming PM

By Reuters Staff
October 8, 2013

By John Chalmers, Frank Jack Daniel and Manoj Kumar

(This article is website-exclusive and cannot be reproduced without permission)

P. Chidambaram, now in his third stint as finance minister, spoke to Reuters about Narendra Modi and the 2014 elections in an interview on Monday ahead of a trip to the United States. Here are edited excerpts from the interview:

from India Insight:

Interview: Chidambaram on the state of India’s economy

By Reuters Staff
October 8, 2013

By John Chalmers, Frank Jack Daniel and Manoj Kumar

(This article is website-exclusive and cannot be reproduced without permission)

The Indian government will have to rein in spending and cut subsidies to meet its fiscal deficit target, Finance Minister P. Chidambaram said on Monday, underlining that an austerity drive will not be blown off course by an election due next year.

from Expert Zone:

Why the rupee is linked to jobs in the U.S.

July 10, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

from India Insight:

India’s love for gold and the government’s efforts to curb it – a timeline

June 28, 2013

Google Trends shows that the term “current account deficit” is among top searches from India in 2013. Add “gold” as a comparative keyword and the searches for the commodity Indians love are far higher.

from India Insight:

L&T Infra Finance CEO upbeat on India’s economic recovery by 2015

By Swati Pandey
May 31, 2013

India's economy recorded its slowest growth in a decade in the fiscal year ending in March but the CEO of L&T Infrastructure Finance, that provides loans to companies such as Jaypee Group to develop roads and other infrastructure, is hopeful of an economic turnaround in less than two years that will boost business prospects.

from Global Investing:

India’s deficit — not just about oil and gold

April 18, 2013

India's finance minister P Chidambaram can be forgiven for feeling cheerful. After all, prices for oil and gold, the two biggest constituents of his country's import bill, have tumbled sharply this week. If sustained, these developments might significantly ease India's current account deficit headache -- possibly to the tune of $20 billion a year.

from India Insight:

Taxing times for reporters on the Chidambaram beat

March 14, 2013

(Any opinions expressed here are those of the author and not necessarily of Thomson Reuters)

from Expert Zone:

India Markets Weekahead: Beware the Ides of March

By Ambareesh Baliga
March 10, 2013

(Any opinions expressed here are those of the author and not of Reuters)

Markets ended budget week below support levels of 5800/5840 and just when the six-month rally seemed over for good, it made a spirited V-shaped recovery to close at 5946 on Friday, with gains of 3.95 percent. The Street is divided with some expecting this to be the beginning of a new rally with the market scaling highs that it missed in February; others see it as a strong pullback which will fizzle out soon.

from Expert Zone:

Budget 2013: Political strategy, not economic blueprint

By R Raghuttama Rao
March 6, 2013

(Any opinions expressed here are those of the author and not of Reuters)

With the dust settling after Budget 2013, the picture is getting a bit clearer. Opinions on the budget have ranged from praise to outright criticism. The true position lies somewhere in between -- depending on one’s political inclination, views on the finance minister and one’s financial interests.