-The Times of India Congress will hold a massive rally on Sunday to defend its decision to allow FDI in multi-brand retail, in what will showcase government's new assertiveness on reforms and the backing extended by the Congress brass in the face of populist criticism that giant retailers will harm farmers' interests and pop and mom stores. The party has, especially its units in Delhi and neighbouring Haryana, have pulled out all...

-The Times of India Within hours of raising cooking gas prices, the government late on Thursday asked oil marketing companies to put on hold the Rs 26.50 hike, calling into question the seriousness of the deregulation plan and casting a doubt over the UPA's commitment to fiscal reforms. The U-turn came after a volley of protests by the opposition and days before Himachal Pradesh goes to polls, with Gujarat elections to follow....

-The Indian Express Hours after oil marketing companies announced a Rs 26.50 increase in the price of non-subsidised LPG cylinders Thursday, Petroleum Minister Veerappa Moily apparently developed cold feet and put the decision on hold pending a review. A 14.2 kg cylinder would have cost Rs 922 in the capital after the increase but late in the evening, Moily asked officials of Indian Oil Corp, the largest oil marketing firm, to keep...

-The Indian Express After 14 years, the Central government has held the minimum support price (MSP) for wheat constant at last year’s Rs 1,285 per quintal. There is, of course, still no guarantee that the price will not be changed if major producer states like Punjab and Haryana raise objections. But for now, the UPA government’s newly discovered zeal to push through another reform is heartening. It may also be useful...

-The Economic Times There is a ray of hope for consumers facing difficulties in getting timely delivery of cooking gas cylinders as the oil ministry may increase the supply of subsidised LPG cylinders and iron out glitches in the supply system to calm tempers ahead of crucial assembly elections. The new oil minister, M Veerappa Moily, discussed the matter with top executives of state oil firms and senior bureaucrats on Tuesday, government...