People have welcomed PM's reform measures: Montek

The Deputy Chairman of the Planning Commission further said that allies like Trinamool Congress leader Mamata Banerjee were consulted before pushing for big-ticket reforms like the FDI in multi-brand retail. ...
09:15 AM, Sep 16, 2012

Thackeray equates diesel price hike to 'terror strike' Mumbai: Shiv Sena chief Bal Thackeray on Saturday equated the Centre's decision to hike diesel price to a "terror strike" and asked UPA allies to quit the government. "Kasab killed 200 people. Now, at least 30 crore poor people in the country have been devastated in the Manmohan Singh-Sonia Gandhi-led terror strike," Thackeray said in an editorial in party mouthpiece 'Saamana'. Trinamool Congress, DMK and NCP should quit the government...  
05:32 AM, Sep 16, 2012

Allies see red over reforms, not quitting UPA yet New Delhi: With the UPA choosing economic reforms over coalition politics to make way for FDI in retail and fuel price hike, its allies and supporting parties on Saturday expressed strong opposition to the decision but gave no indication of withdrawal of their support to the government, except Trinamool Congress which threatened to take hard measures. Trinamool Congress chief Mamata Banerjee on Saturday took to the streets with the warning...  
10:45 PM, Sep 15, 2012

Mamata rebels against reforms, threatens to withdraw support

Mamata Banerjee threatens to withdraw support to the UPA government if LPG, diesel and retail FDI decisions are not rolled back by Tuesday. ...
09:55 PM, Sep 15, 2012

Premium diesel and petrol rates hiked sharply New Delhi: Days after the steepest diesel price hike, oil companies on Saturday raised premium or branded petrol and diesel rates by Rs 6.36 and Rs 19.55 per litre, respectively. The government, on Thursday, had raised diesel price by Rs 5.63 per litre and allowed the oil companies to price premium or branded petrol and diesel at market prices. Subsequently, the premium or branded petrol in Delhi is being sold...  
09:27 PM, Sep 15, 2012

Jet fuel price hiked by 2 per cent New Delhi: Days after diesel rates were hiked by a steep Rs 5.63 per litre, Jet Fuel price was on Saturday raised by about 2 per cent to Rs 73,711 per kilolitre. Saturday's increase in aviation turbine fuel (ATF), or jet fuel, price comes on the back of the biggest ever hike in rates effected from 1st of this month. ATF at T3 terminal in Delhi has been hiked by...  
07:34 PM, Sep 15, 2012

Kerala: Hartal over diesel price hits normal life Thiruvananthapuram: The dawn-to-dusk hartal called by LDF and BJP to protest hike in diesel prices and curtail LPG subsidy affected normal life across Kerala but passed off peacefully. Reports from different districts said the hartal crippled mobility of people as buses, taxis and autorickshaws kept off the roads and shops and hotels were closed. But for isolated incidents of stoning of vehicles, no violence was reported from anywhere in the...  
06:57 PM, Sep 15, 2012

Govt chooses reforms over coalition politics New Delhi: Even as the government comes under fire from the Opposition and its own allies, Prime Minister has dug in his heels choosing economic reforms rather than giving in to the compulsions of coalition politics. Our immediate priority should be rebound in this year. This will yield target rate of 8.2 per cent, Singh said. Accused of heading a government facing policy paralysis, the Prime Minister is determined not...  
06:43 PM, Sep 15, 2012

Won't allow FDI, govt needs TMC support: Mamata Kolkata: A day after giving a 72-hour deadline to the Centre to rollback its decision on FDI in multi-brand retail and diesel price hike, West Bengal Chief Minister Mamata Banerjee on Saturday said that the UPA government did not consult her before taking the decision. She also said that the Trinamool Congress will not accept FDI in multi-brand retail under any circumstances. Mamata demanded that the Centre should allow 24...  
05:30 PM, Sep 15, 2012

Differences surface in Cong over diesel price hike New Delhi: Differences have surfaced in Congress over diesel price hike and restricting supply of cooking gas with a senior leader demanding a rollback of the decisions, saying it is a "great setback" to the party. "The government's decision to increase the price of diesel by Rs 5 per litre and restricting supply of subsidised LPG gas to six cylinders per household in a year will prove disastrous for common...  
03:57 PM, Sep 15, 2012

Will decide on support to UPA in October: BSP Lucknow: Terming as "anti-people" the Centre's decision to hike diesel price and allowing FDI in retail sector, BSP on Saturday said it will take a final decision on continuing support to UPA on October 9 after a rally to commemorate party founder Kanshiram's sixth death anniversary. "In the last two-three days the government has taken several anti-people decisions," BSP chief Mayawati told reporters. She said BSP will hold a 'Maha...  
02:47 PM, Sep 15, 2012

TMC deadline: Can UPA survive without Mamata? New Delhi: Trinamool Congress chief and West Bengal Chief Minister Mamata Banerjee has upped the ante against the UPA government once again. She has warned the UPA with her deadline demanding a rollback in the diesel price hike and FDI in retail. "My 72-hour deadline stands after which we will take a hard decision," Mamata told CNN-IBN. If Mamata decides to withdraw from the UPA, the government will be in...  
01:33 PM, Sep 15, 2012

My 72-hour deadline for rollback stands: Mamata New Delhi: Trinamool Congress chief and West Bengal Chief Minister Mamata Banerjee is sticking to her deadline to the government demanding a rollback in the diesel price hike and FDI in retail. "My 72-hour deadline stands after which we will take a hard decision," Mamata told CNN-IBN. The Trinamool Congress had on Friday issued a 72-hour deadline for the government to roll back decisions on diesel, LPG and FDI. The...  
12:12 PM, Sep 15, 2012

Watch: PM Manmohan Singh unveils 12th Five Year Plan

Unveiling the 12th Five Year Plan on Saturday, Prime Minister Manmohan Singh defended the diesel price hike. ...
11:50 AM, Sep 15, 2012

Diesel price hike a step in the right direction: PM New Delhi: Prime Minister Manmohan Singh on Saturday indicated that the government was looking at growth-oriented reforms and defended the diesel price hike saying it wasn't wrong. "The recent increase in diesel prices is a move in the right direction," Manmohan Singh said at the Planning Commission meet unveiling the 12th Five Year Plan. The Prime Minister also said it was important to take risks for growth. "Courage and some...  
11:07 AM, Sep 15, 2012

Diesel price hike will push growth upwards: Adi Godrej

CII President Adi Godrej says diesel price hike was needed to bring down fiscal deficit. ...
10:19 AM, Sep 15, 2012

LDF, BJP strike hits normal life in Kerala Thiruvananthapuram: The dawn-to-dusk strike called by the LDF and the BJP to protest hike in diesel prices and curtail LPG subsidy hit normal life across Kerala. Reports from different districts said the strike crippled mobility of people as public modes of transport kept off the roads and shops and hotels remained closed. There was no disruption of rail traffic. However, passengers who came by long-distance trains were caught unawares in...  
10:10 AM, Sep 15, 2012

Mamata ready to take strong decision: TMC on diesel price hike

Rajya Sabha MP Kunal Ghosh says the Trinamool Congress (TMC) supremo wants the UPA government to rollback 'anti-people policies'. ...
09:36 AM, Sep 15, 2012

Diesel price hike: TMC, other parties to hold rallies New Delhi: West Bengal Chief Minister Mamata Banerjee will be holding a rally in Kolkata on Saturday evening demanding a rollback on the hike on diesel prices and the limit on just 6 LPG cylinders per year for a family. Mamata will also be demanding a rollback of subsidy cuts in cooking gas. Five central trade unions on Friday announced agitations from Saturday to demand rollback in the diesel price...  
08:10 AM, Sep 15, 2012

Unpleasant but inevitable: Cong on diesel price hike New Delhi: With diesel price hike coming under attack from friends and foes alike, Congress in Friday said it was also not happy with it but saw it as an inevitable step and ruled out pressing for a rollback. "We are ourselves not happy, they will be naturally unhappy as well. We will try to convince them", was the refrain of party spokesman PC Chacko to protests by allies like...  
04:55 AM, Sep 15, 2012