Word: chidambaram
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...lends to banks by a full percentage point in an attempt to ease credit markets. In India, policymakers promised to continue to act to keep the financial sector functioning. "If need be, we will take further measures to infuse liquidity in the market," India's Finance Minister, Palaniappan Chidambaram, told reporters...
...next three years. Crucially, the government is also considering allowing foreign universities to open up in India - either on their own or in partnership with local schools. "The time has come to recognize the right of every qualified student to pursue higher education," Finance Minister P. Chidambaram Minister said last week. "Millions of children are still out of school and that should remind us of the unfinished task before...
...other influential types. The hand wringing over the world's economic, social and political problems. The search for creative solutions. The schmoozing. The parties. And, this year, the waft of curry overpowering the heavy Schweizerdeutsch fare. India everywhere, said the signs, and it was. The Finance Minister, Palaniappan Chidambaram, and the Commerce and Industry Minister, Kamal Nath, turned up from Delhi, as did the deputy chairman of the Planning Commission and a cluster of top Indian chief executives. An organization called the India Brand Equity Foundation left pashminas in the hotel rooms of all attendees and distributed Apple iPod Shuffles...
...Some experts, including Orit Gadiesh, chairman of consultants Bain, says this competition misses the point: the world economy is not a zero-sum game, and both countries are likely to end up winners. "We are not hostile rivals, but we are competing with each other," said Indian Finance Minister Chidambaram, pointing to such sectors as automobile parts, leather, textiles and food processing as examples. Those in Davos from both countries know that their homelands have a long way to go. "China is like a student learning modern business management. We have only just graduated from junior high school," said Edward...
...panel, entitled “Finding Balance in the Global Economy,” was chaired by Financial Times commentator Martin Wolf. Other participants included Palaniappan Chidambaram, the Indian finance minister; John A. Thain, chief executive of the New York Stock Exchange; and Jean-Claude Trichet, president of the European Central Bank in Frankfurt...