The Air Kerala proposal gained further momentum at Emerging Kerala 2012 as NRK top guns agreed on a concerted effort to start the budget airline, with intra-state services and services to Bengaluru an

Under fire from UPA allies and opposition parties, Prime Minister Manmohan Singh on Saturday justified hike in diesel price and ushering in new wave of economic reforms.

Bihar Chief Minister Nitish Kumar has hit out at the Congress-led UPA government's move to allow 51 per cent Foreign Direct Investment (FDI) in multi-brand retail, describing the step as 'suicidal'.

Maintaining opposition to FDI in retail sector, Uttar Pradesh Chief Minister Akhilesh Yadav on Saturday said his government will not allow its implementation in the state.

The BJP on Saturday vehmently opposed the decision to allow FDI in retail trade and charged the government with taking the decision at the behest of "foreign pressure".

The Indian Cabinet on Friday decided to operationalise 51 per cent FDI in multi-brand retail but left it to the state governments to allow setting up of such stores.

Shares of Kingfisher Airlines, SpiceJet and Jet Airways on Friday soared up to 8 per cent on hopes that the government may soon take a decision on allowing foreign airlines to buy up to 49 per cent st

The government's decision to operationalise FDI in multi-brand retail would help the realty sector as the move would create demand for retail space and boost mall development in the country, real esta

The cabinet will consider a proposal on Friday to allow foreign airlines to buy stakes in local carriers, moving forward with a much-delayed reform that could revitalise debt-ridden domestic carriers.

SpiceJet has held 'preliminary discussions' with a Gulf airline for potential investment in the Indian budget carrier, a news report has said.

"There have been preliminary discussions to check in pri