The Samajwadi Party's resounding victory in the Uttar Pradesh assembly polls is certain to add more heft to the Federal Front - the alliance of non-Congress, non-BJP chief ministers put together by West Bengal chief minister Mamata Banerjee. Mulayam Singh Yadav's party was handed a decisive mandate by the electorate, and it will not have to be dependent on Congress, or any other party for its survival. The snub by voters in...
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Government taking fresh steps to build consensus on retail FDI, says Prime Minister
-The Economic Times Prime Minister Manmohan Singh on Tuesday assured industry that the Centre is making renewed efforts to open up foreign direct investment in multi-brand retail, despite Uttar Pradesh (UP) election results where the winning Samajwadi Party has opposed FDI in retail in its manifesto. Singh told a delegate of senior members of industry body Assocham that the Centre is taking fresh efforts to evolve consensus amongst the various stakeholders on...
More »Election results: CBI’s sword hangs over Mulayam, family by Dhananjay Mahapatra
The Samajwadi Party pedalled to a podium finish in the UP polls, but a five-year-old Supreme Court order asking the CBI to inquire into an alleged disproportionate assets case of Mulayam Singh and kin could queer their victory pitch. Going by the popular perception that the CBI heeds to the Centre's command in political cases, the Yadavs could ill-afford not to take note of the spoiler that the Congress-led UPA may...
More »CBI lawyers take Rs 1.25 crore to dilute Adarsh charges, held
-The Times of India A conspiracy to dilute charges against accused persons in the Adarsh housing society scam by CBI lawyers has been unearthed with the arrest of special public prosecutor Mandar Goswamy, CBI counsel in Mumbai high court in Adarsh and other cases, income tax lawyer J K Jagiasi, former Congress MLC Kanhaiya Lal Gidwani (accused in the Adarsh scam) and his son Kailash. The accused lawyers reportedly took Rs 1.25...
More »Steep petrol price hike in the offing?
-The Times of India With elections in five states out of the way, the government-run fuel retailers on Monday ratcheted up their demand for an increase in petrol prices by as much as Rs 5 a litre. The demand could leave the government with a political cleft stick, coming on the day Congress received a severe drubbing in the assembly polls. Piling losses of state-run firms appear to leave little choice for...
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