Faced with a sliding rupee, Finance Minister P Chidambaram said the Government will further liberalise the foreign direct investment (FDI) policy, and encourage public sector undertakings to raise funds from overseas markets.

Addressing the media on completion of one year as Finance Minister, Chidambaram exuded confidence that the economy would record a growth rate of 5.5-6% in the current fiscal, up from 5% a year ago. Read More

Jyothi Shankaran

    Jyothi’s last role was as Senior Editor with the business news channel Bloomberg TV India. He also worked as News Editor at business-standard.com, the online version of the business newspaper Business Standard. Jyothi is a chemical engineer from the Regional Engineering College, Srinagar.