Gurgaon, Jan. 17: Speaking at a session entitled Indices for
Development: Need for change at the Partnership Summit organised by

New Delhi, Jan 14: Finance Minister P.

New Delhi, Jan 4 : Union Finance Minister P Chidambaram today said that he would like banks to cut lending and deposit rates by 50 basis points.

New Delhi, Nov 12 : Union Finance Minister Palaniappan Chidambaram on Monday outlined some of the challenges faced by Indian economy in spite of its remarkable growth story.

Highlighting India's recent GDP growth of over 9 per cent, Chidambaram said that if this growth rate were sustained then the national per capita income would be doubled in about 9 years.

However, he later added that sustaining such growth rate is one of the important challenges.