-The Business Standard Gas cylinder cap has lessons for the future  Of all the decisions that the United Progressive Alliance government took last week to end a long period of policy paralysis, the one that has caused the least provocation to opposition political parties is the annual capping of the supply of subsidised cooking gas cylinders. This is surprising, as its net effect on a householder’s annual budget will likely be substantial....

-The Indian Express On FDI in retail, BJP and CPM positions range from inconsistent to obstructionist The responses of the major political formations to economic reform seem to be situational. They champion investments and market-friendly measures when they are in office. When in the opposition, they take to the streets to oppose it. Shaken and stirred by the big bang of Manmohanomics 2.0, the Left and the Right plan to launch protests...

-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 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 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...