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Fuel Price Hike Rocks Parliament

-Outlook The issue of fuel price hike rocked Parliament today with opposition members in the Lok Sabha and the Rajya Sabha disrupting proceedings, demanding an immediate roll back. Several parties protested against the price hike with SP, Left, Trinamool Congress and AIADMK storming the Well of the Lok Sabha, while BJP members were on their feet. In the Rajya Sabha, the entire NDA - BJP, JD-U, SAD and Shiv Sena - protested as...

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Walmart lobbying report sparks stir, BJP, Left Front demand probe

-CNN-IBN The Opposition is crying foul over reports of global retail giant Walmart lobbying US lawmakers to get into India. The BJP and the Left Front joined hands to collectively take on the government, demanding an inquiry into reports that Walmart had spent Rs 125 crore on lobbying with US lawmakers to facilitate its expansion into markets including India over the past four years. The BJP, in fact, compared it to...

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FDI flashpoint looms as Oppn pushes for vote

-The Hindustan Times An uneasy combination of the BJP, the Left and the estranged UPA ally, the Trinamool Congress, is set to provide fireworks during the winter session of Parliament beginning next week. The issue: The government’s decision to allow foreign direct investment (FDI) in retail sector through an executive decision. At least 15 MPs belonging to the BJP-led NDA, Trinamool and Left parties had till late Wednesday evening served notices under...

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Supreme Court gives UPA respite on sale of resources

-The Hindustan Times The UPA government, staging a comeback through economic reforms after months of being on the back foot, got another boost after the Supreme Court said that auction was not the only method allowed in allocating natural resources. Prime Minister Manmohan Singh's government has been rocked by criticism that it handed out telecom spectrum and coal fields at an alleged loss of Rs. 3.6 lakh crore to private players instead of...

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Mamata demands rollback, threatens to pull plug

-The Hindustan Times The government’s go-ahead to FDI in multi-brand retail on Friday drove another wedge between the Congress and the Trinamool Congress, with West Bengal chief minister Mamata Banerjee threatening to take “hard decisions” if the decision wasn't reconsidered within 72 hours. Banerjee, who  has also demanded a rollback of the diesel price hike, said the decision was a “big jolt” and called an emergency meeting of her party in...

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