-CNN-IBN Food Minister KV Thomas has written to Prime Minister Manmohan Singh against LPG cap and diesel price hike. “The decision to raise diesel price as well as to keep number of subsidised cooking cylinder at six a year will not go well with the middle class,” he said in the letter. He said the government should charge only Rs 50 extra for consumers seeking between 7 to 12 LPG cylinders per household...

-PTI Unfazed by large scale protests over diesel price hike, Prime Minister Manmohan Singh on Saturday asserted it was a step in the right direction and expressed the hope that economy would rebound in the second half of the current fiscal. "The recent increase in diesel prices is an important step in the right direction," he said while addressing the meeting of the full Planning Commission which was called to approve the...

-The Times of India The government has allowed foreign investment in a host of sectors including multi-brand retail and civil aviation. The UPA government can expect a roaring reception from the financial markets following the decision. It can also prove to be a mood-enhancer for the Congress-led government as it heads into state polls in Himachal Pradesh and Gujarat. Here is how heads of various states responded to the government's decision: Will rollout Haryana...

-The Times of India The government is facing a pincer attack over its reform decisions with opposition parties ranging from BJP to the Left planning nation-wide protests, possibly on the same day, against UPA-2's bid to allow FDI in sectors like multi brand retail and civil aviation. Regional parties like Samajwadi Party and Janata Dal (U) also joined the chorus of protests, demanding a rollback of the hike in diesel prices along...

-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...