New Delhi: It now seems that it's all over between the Congress and Trinamool Congress chief Mamata Banerjee with both the parties sticking to their stands on economic reforms, which include diesel price hike, cap on subsidised LPG cylinders and foreign direct investment in multi-brand retail. The Congress Core Committee, which met on Wednesday, ruled out a rollback on the FDI in multi-brand retail decision. Sources say there could a...
01:26 PM, Sep 19, 2012
DMK leader TKS Elangovan has said that the party will join the Opposition bandh on Thursday over FDI in multi-brand retail and the diesel price hike. ...
11:45 AM, Sep 19, 2012
Trinamool Congress chief Mamata Banerjee has withdrawn from the UPA and has announced that her minister will resign from the UPA on Friday. This came after her 72-hour deadline for the government to roll back the diesel price hike, LPG cap and FDI in retail ended. The possible scenario that could now emerge in the coming days are: Scenario 1 The UPA is in minority, but it manages to retain...
10:27 AM, Sep 19, 2012
New Delhi: 3.41 pm: CPI(M) leader Prakash Karat says Prime Minister Manmohan Singh has no right to continue in office if he does not roll back FDI in multi-brand retail. 2.40 pm: Mamata Banerjee says bandhs will not serve any purpose. "I don't believe in bandh politics," she says. 2.30 pm: Trinamool Congress leader Mamata Banerjee addresses press conference, requests the media to "stop spreading rumours". Mamata further accuses the...
09:50 AM, Sep 19, 2012
New Delhi: After Trinamool Congress chief Mamata Banerjee's withdrawal from the UPA-II, the two big players of Uttar Pradesh - Mulayam Singh Yadav's Samajwadi Party and Mayawati's Bahujan Samaj Party, each of which have over 20 MPs, could prove to be a life-saver for the government. But analysts say that Mamata's prediction that this government will last just three to six months, may not be completely wrong. With Mamata Banerjee...
07:56 AM, Sep 19, 2012
New Delhi: Mamata Banerjee finally walked the talk on Tuesday, withdrawing her support from the UPA-II government. She said her ministers will resign on Friday. Sources now say that Congress President Sonia Gandhi is likely to speak to her, albeit it could be too little, too late. Mamata announced her decision to withdraw from the government after a three-hour long marathon meeting and it was a decision which was in...
07:18 AM, Sep 19, 2012
New Delhi: The Trinamool Congress' decision on Tuesday to withdraw support to the UPA government has made it vulnerable and more dependent on outside supporters Samajwadi Party (SP) and Bahujan Samajwadi Party (BSP) for survival, said Congress sources. Though Trinamool supremo Mamata Banerjee had been an mercurial ally, the Congress was apparently more comfortable in dealing with her than with SP and BSP, which are its electoral adversaries in Uttar...
01:27 AM, Sep 19, 2012
Kolkata: West Bengal Chief Minister and Trinamool Congress chief Mamata Banerjee on Tuesday admitted that the UPA government could continue in power, even without her party's support, for some months by taking support of other parties. "Despite our party leaving the UPA, they may stay in power for three to six months by holding the hands of other parties," Banerjee told the media after announcing her party's decision to withdraw...
12:13 AM, Sep 19, 2012
TMC withdraws support to UPA, Congress says Mamata still an ally. UPA in minority, BJP says countdown for poll has begun. ...
11:57 PM, Sep 18, 2012
Mamata Banerjee on Tuesday admitted that the UPA government could continue in power, even without her party's support. ...
11:46 PM, Sep 18, 2012
Trinamool Congress Chief Mamata Banerjee took the decision to pull out of the UPA after meeting her party leaders. ...
11:36 PM, Sep 18, 2012
Mumbai: All India Motor Transport Congress (AIMTC), which called for a 24-hour token strike from mid-night of Wednesday to protest diesel price hike, has said that the freight charges will go up by 15 per cent if the government did not roll back the hike in diesel prices. "The hike in diesel prices has jacked up our cost of operations by almost 15 per cent. It will be difficult for...
10:23 PM, Sep 18, 2012
New Delhi: Samajwadi Party, a key outside supporter of UPA, on Tuesday termed the decision of Trinamool Congress to pull out of the ruling dispensation as a "serious" issue and accused the Congress-led government's attitude of being responsible for the situation. "The Congress government is behaving as if it enjoys complete majority. It is taking decisions without consulting alliees," SP General Secretary Ram Gopal Yadav told reporters in New Delhi....
09:53 PM, Sep 18, 2012
Kolkata: Even as Trinamool Congress supremo and West Bengal Chief Minister Mamata Banerjee withdrew support to the Congress-led United Progressive Alliance Government, she gave a hint that there was still a possibility to manoeuvre. Announcing that she had decided to pull out of the UPA as the Congress was not giving her party the respect that it deserved, she added that the six Trinamool ministers would resign from the Union...
08:57 PM, Sep 18, 2012
Patna: The Bihar government has decided on principle to modify VAT on diesel, Chief Minister Nitish Kumar said on Tuesday. "There will be reduction in the price of diesel in Bihar as the state government has decided on principle to modify the VAT rate on the fuel product," he told reporters. A decision on modification of VAT rate on diesel will be taken in a day or two, Kumar said....
07:38 PM, Sep 18, 2012
New Delhi: Law Minister Salman Khurshid on Tuesday praised TMC chief and West Bengal Chief Minister Mamata Banerjee, calling her a valuable partner. Khurshid while talking to reporters said that Mamata has made valuable contribution to the UPA alliance. The senior Congress leader further said,"This is a strong standing relationship, the methods of dialogue can be many." According to PMO sources, a message was sent to Mamata that Prime Minister...
07:05 PM, Sep 18, 2012
Kolkata: The 19-member Trinamool Congress, which is the second largest constituent of the ruling UPA alliance after the Congress party, is holding a high-level meeting at the Town Hall in Kolkata to discuss if it should pull out of the Union government. The first round of the meeting went on for over two hours. However, the leaders of the Trinamool Congress continued their discussion, keeping mediapersons waiting outside the Town...
05:38 PM, Sep 18, 2012
Kolkata: The hike in diesel prices will put an additional burden of Rs 600 crore per annum on Coal India Ltd in the production of coal, a top company official said on Tuesday. "For each Re 1 hike in diesel prices, the impact is Rs 120 crore and so for a hike of Rs 5, the annual impact would be Rs 600 crore," Coal India Chairman and Managing Director S...
05:27 PM, Sep 18, 2012
New Delhi: Roll back of diesel price hike will have serious implications on the credibility of the government, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said. "In my view, the government has taken this decision (of diesel price hike) after a lot of consideration. There should not be a diesel price hike roll back at all. If government rolls back diesel price then government's credibility will be zero", Ahluwalia...
05:08 PM, Sep 18, 2012
New Delhi: The Trinamool Congress is all set to pull out of Congress-led United Progressive Alliance Government after its 72-hour deadline to rollback diesel price hike, remove the cap on subsidised LPG cylinders and disallow foreign direct investment (FDI) in multi-brand retail ends on Tuesday evening. Trinamool Congress supremo and West Bengal Chief Minister Mamata Banerjee is likely to extend issue-based support to the UPA after pulling out her ministers....
04:03 PM, Sep 18, 2012
