FM promises 'good economics, politics & hard work' In an apparent attack at the NDA's (National Democratic Alliance) "India Shining" campaign, the new Finance Minister P Chidambaram said the new Congress-led coalition Government will pursue "good economics and politics" to ensure all Indians benefited from the reforms started by Manmohan Singh in 1991.
Market soars 162 pts to welcome Chidambarm as FM The market welcomed the appointment of P Chidambaram as Finance Minister soaring by 162 points at close even as operators and domestic financial institutions made hectic purchases following clear indications that the process of economic reforms would be carried forward by the Congress-led United Progressive Alliance (UPA).
CMP inadequate and unacceptable to TUs: Gurudas Finding that the draft Common Minimum Programme (CMP) was "inadequate", the Central Trade Unions today (May 24, 2004) said it was not "acceptable" to them and laid out over a dozen demands to the new Government headed by Prime Minster Manmohan Singh.
Focus on agriculture, employment: Chidambaram Finance Minister P Chidambaram today (May 24, 2004) said the Indian economy is in a resilient mode and his priority would be to consolidate the growth momentum with special emphasis on agriculture, manufacturing and employment.
Chidambaram's appointment lifts Sensex past 5000-mark Buoyed by announcement of P Chidambaram as Finance Minister, the Sensex opened on a promising note and rallied past the psychological 5000-mark at the Bombay Stock Exchange (BSE) today (May 24, 2004).
Industry welcomes Chidambaram's appointment as FM The industry and financial sector today (May 23, 2004) welcomed the appointment of P Chidambaram as Finance Minister and hoped the Government will pursue economic reforms to raise the pace of growth and development in the country.
