-PTI With key UPA ally Trinamool Congress averse to FDI in retail, finance minister Pranab Mukherjee today said the Centre is trying to build a consensus on it and other contentious issues. "We are working to build a policy consensus on a number of pending issues such as introduction of Goods and Services Tax, further liberalisation of FDI, including in retail, and deepening and strengthening of financial markets for long term investments,"...
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Part rollback of petrol hike likely by end-May
-The Times of India Minutes after the Congress demanded relief from the steep hike in petrol price, state-run oil marketers on Thursday indicated they could reduce the price by the month-end if the rupee and international oil prices held steady. "Current trend indicates that prices can come down," IndianOil chairman R S Butola said. He was speaking just after Congress publicly asked for a reduction in the hike. "We are genuinely sensitive to...
More »Oil companies, state govts step in to douse petrol fire-Anupama Airy & Aurangzeb Naqshbandi
A day after the steepest ever petrol price hike of Rs. 7.54 sparked protests by UPA allies and Opposition parties in several parts of the country on Thursday, there were strong indications that the government would cushion the blow for the common man. Petrol prices may come down by Rs. 3-4 a litre in the next few days as state governments readied plans to slash local taxes and oil companies...
More »UPA pushes lokpal bill into deep freezer
-The Hindustan Times Following a day-long drama, the government and the opposition parties finally decided on Monday to refer the lokpal and lokayuktas bill to a fresh House panel for further scrutiny, virtually bringing Anna Hazare and his team back to life. Within moments of the Rajya Sabha passing a government resolution to set up a 15-member select committee to examine the bill, Team Anna announced that Arvind Kejriwal would lead...
More »‘53 farmers committed suicide in one year'-Ananya Dutta
On a day the Trinamool Congress celebrated the first anniversary of the announcement of the 2011 Assembly polls results, Communist Party of India (Marxist) general secretary Prakash Karat said here on Sunday that there has been an average of one farmer suicide every week since Chief Minister Mamata Banerjee's government came to power in West Bengal. “Up to 2011 in States like West Bengal and Kerala there was no news of...
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