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India's FinMin sees near 9 percent economic growth in 2007/08 In spite of weak global markets, Asia’s third largest economy, India, will grow at a robust pace of 9 percent during the current fiscal, India's Finance Minister P. Chidambaram has promised. 09 Feb 2008
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Chidambaram says wants cut in bank lending rates Finance Minister Palaniappan Chidambaram said he wanted banks to cut lending and deposit rates by 50 basis points, knocking bond yields to 11-month lows on speculation of an interest rate cut at the Reserve Bank of India (RBI) policy review on Jan. 29. 04 Jan 2008
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Chidambaram sees FY growth close to 9 percent Finance minister Palaniappan Chidambaram said on Friday he expected the economy to grow at close to 9 percent in the financial year to end-March, and that inflation would remain at current levels in the months ahead. 30 Nov 2007
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India to build rail freight corridors for $7.15 billion India has approved two rail freight corridors to be built at a cost of Rs.28181 crore ($7.15 billion) over five years as it looks to build infrastructure capable of maintaining high economic growth. 27 Nov 2007
Chidambaram to meet exporters on rupee concern Finance Minister Palaniappan Chidambaram will meet the chiefs of different export bodies on Thursday to assess the impact of a rising rupee on exports, the Economic Times reported. 11 Nov 2007
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Rupee bound to rise on strong growth: Chidambaram The rupee could appreciate more because of strong economic growth and exporters need to become more competitive in the global market, the finance minister said. 08 Nov 2007
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India per capita income seen $1,000 by 2007/08: FinMin India's per capita income is expected to rise to $1,000 by the end of the 2007/08 fiscal year on the back of a 9 percent economic growth, Finance Minister Palaniappan Chidambaram said. 05 Nov 2007
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FinMin woos investors, promises to relax ECB norms India’s Finance Minister P. Chidambaram has urged top business executives to invest in India's infrastructure sector, promising that external commercial borrowings (ECBs) norms would be made more flexible to facilitate foreign investment. 31 Oct 2007
