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:

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.

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.

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.

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)

Chidambaram may use Morton’s fork to make rich pay

February 22, 2013

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

The countdown to Budget 2013 has begun, and Finance Minister P. Chidambaram must try to keep India’s fiscal deficit from gaining weight.

Online survey results: Expectations from Budget 2013

By Reuters Staff
February 21, 2013

Days before Finance Minister P. Chidambaram unveils India’s budget for the next financial year, the online team at Reuters India conducted an informal survey of more than 200 people to learn what they expect from the 2013 budget.

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Subbarao goes against his panel, again

November 22, 2012

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

Miffed Chidambaram widens rift with RBI

October 30, 2012

Finance Minister P. Chidambaram usually does not talk to the throng of news-hungry reporters and cameramen gathered outside the gates of the red sandstone colonial building which houses the finance ministry. A ‘no comment’ or ‘I don’t have anything to say’ suffices on an ordinary day. Tuesday, however, was not an ordinary day.

Market-friendly Chidambaram toes socialist line with fiscal plan

October 29, 2012

The usually crisp and precise P. Chidambaram was uncharacteristically vague on Monday while announcing the government’s fiscal consolidation plan. While pledging to bring the fiscal deficit down to 3 percent in 2016-17 from around 5.3 this fiscal, the Harvard-educated minister gave no details on how the government would achieve this feat.