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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
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Ten Upcoming Cars Set for 2012 Launch in India

With Diwali festivities right around the corner several industries particularly the auto sector are hoping to rev up the market from the gloom. Despite the steep sales decline in the past quarter, carmakers are getting ready to launch a number of sporty cars in India during the festive season. Sep 17, 2012
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Coalgate: CBI Swings into Action on 5 Companies; Files FIR

The Central Bureau of Investigation (CBI) on Tuesday filed first information reports against five companies in connection with the alleged irregularities in the coal allocation and is set to conduct nationwide raids in ten cities. Sep 4, 2012
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Beni Prasad Verma Predicts 'Modi vs Rahul in 2014'; Puts Congress in Deep Water

Union Steel Minister Beni Prasad Verma, who on Sunday drew embarrassment for his party with his rationale on high inflation, had another fallout with the Opposition on Monday by saying that the next Prime Ministerial race would be between Gujarat Chief Minister Narendra Modi and the Congress General Secretary Rahul Gandhi. Aug 21, 2012
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Outlook Pulls Time Magazine Stunt, Brands Obama 'The Underachiever': India Goes Tit-for-Tat?

Popular weekly Outlook India launched an all-out attack on US, with its latest edition brandishing President Barack Obama on its cover calling him "The Underachiever". The magazine's point-blank move was in direct response to Time magazine's recent wisecrack at Indian Prime Minister Manmohan Singh, who was labeled with the same tag by the US-based publication a week earlier. Jul 20, 2012