PM Breaks His Silence, Clarifies Fuel Price Hike and FDI in Retail

Prime Minister Dr. Manmohan Singh addressed the nation on Friday night, explaining why his government has taken some important economic policy decisions that include diesel price hike and Foreign Direct Investment (FDI) in retail sectors. The PM's speech came just a day after the National Democratic Alliance (NDA) and other opposition parties called for "Bharat Bandh". Sep 22, 2012

PM to Justify Economic Reforms on Friday; Brings FDI to Reality

A day after the NDA and other opposition parties observed a nationwide protest against fuel price hike and FDI in multi-brand retail, Prime Minister Manmohan Singh will explain on Friday the government's rationale behind the economic reforms announced last week. Sep 21, 2012

Bharat Bandh Costs India About ₹125 bln, Says CII

The "Bharat Bandh" called by the National Democratic Alliance (NDA) and other opposition parties against some policy decisions by the central government has not only crippled the normal lives of citizens but also cost the country a whopping ₹125 billion. Sep 20, 2012

LIVE BLOG: Bharat Bandh Cripples Normal Life; Third Front in the Future?

The "Bharat Bandh" called by the National Democratic Alliance (NDA) and other opposition parties against diesel price hike and Foreign Direct Investment (FDI) on Thursday has crippled the normal lives of the people across the country. SP chief Mulayam Singh Yadav and other leaders who were courted arrest at the Parliament Street in Delhi earlier in the day, have been released. Sep 20, 2012

FICCI Against Bharat Bandh, Expresses Need for Economic Reforms

In light of the "Bharat Bandh" on Thursday called by various political parties against the reform policies announced by the Centre last week, the Federation of Indian Chambers of Commerce and Industry (FICCI) has urged the national polity to stand united and strengthen the hands of policy makers to act proactively and decisively to push the country forward. Sep 20, 2012

FDI, Diesel Price Hike: Is UPA Coalition Heading for Breakdown?

With Congress showing no sign of softening its stance on the big-ticket economic reforms, West Bengal Chief Minister Mamata Banerjee is all set to pull out Trinoomial Congress ministers from the UPA cabinet as her deadline ends on Tuesday. However, she would continue to back the Central government from the outside, said reports. Sep 17, 2012

FDI in Retail is Long Overdue, Game-Changer, Say Experts

Opposition parties and some of the partners of the UPA have tagged the economic policy of letting Foreign Direct Investment (FDI) into Indian markets mainly the retail sector as an anti-farmer and anti-public decision. Sep 16, 2012