PM backs petrol hike, but says politics will prevail
Prime Minister Manmohan Singh endorsed the need to completely deregulate petroleum prices, lift subsidies, curb expenditure and enforce strict fiscal discipline, but refused to draw himself into achie
No new cash at G20, IMF to monitor Italy
The euro zone won verbal support but no new money at the G20 summit on Friday for its tortured efforts to overcome a sovereign debt crisis, while Italy was effectively placed under IMF supervision.
Don’t know extent of black money: PM
Prime Minister Manmohan, asked about concerns regarding black money parked by Indians abroad, said he was no astrologer to predict when and how such money could be brought back to India or the quantum
Food inflation may be result of growing prosperity: Manmohan
Prime Minister Manmohan Singh on Friday said inflation in food articles in India was, indeed, a problem but said that grain prices have been relatively stable. He also ruled out a roll back in the dec
India hopes to achieve higher growth in 2012-13: Manmohan Singh
India hopes to achieve higher growth in 2012-13 after its economy witnessed a slow down in the current year, Prime Minister Manmohan Singh said on Thursday.
"Our economy has slowed down in the curre
India to join new convention to fight black money
India told the G20 Summit on Thursday that it has been an active member of the global battle against black money and will soon sign the Convention on Mutual Administrative Assistance in Tax Matters to
Euro pressure leads to a Grecian turn
The G20 Summit being held here has suddenly acquired a new meaning with Greece staging an unexpected coup in the past couple of days, hijacking the heads of governments of 20 developed and emerging ec
PM backs IMF intervention, but...
Prime Minister Manmohan Singh used diplomatese to reiterate on Thursday that India supported an intervention by the IMF, but he made that gesture of support subject to several ifs and buts.
PM advocates further deregulation of fuel prices; virtually rules out hike roll back
Unfazed by ally Trinamool Congress' threat of even withdrawing support, Prime Minister Manmohan Singh today virtually justified the hike in petrol prices, saying there should be further movement towar
India worries about Greek drama last act
India is approaching the G20 Summit of heads of government in this French Riviera town with trepidation, if not full-blown anxiety, against the backdrop of a rapidly deteriorating Europe and its possi