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Shifting the goal-posts
Business Standard / New Delhi December 21, 2009, 0:38 IST

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Mulayam plays down Amar resignation as 'nothing big'
A day after senior Samajwadi Party leader Amar Singh announced his resignation from key posts, party supremo and former Uttar Pradesh chief minister Mulayam Singh Yadav today said Amar Singh continued to be in the party fold and his quitting key posts was “nothing big”.

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Stop using insurgents as strategic tool, Obama warns Pak
In a stern message to Pakistan, the United States has asked it to shed its policy of "using insurgents" like LeT as a strategic tool and warned that if it cannot deliver against terrorists, the US may be impelled to use "any means" at its disposal.
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Subbarao meets FM amid inflation woes

With food inflation rising to a 10-year high, the Reserve Bank of India (RBI) and the finance ministry today discussed the macroeconomic situation and the monetary policy stance. The meeting assumed significance, as this would decide the course of action by RBI to combat rising inflation. - Experts debate rollback of lenient policy - Govt hints at gradual fiscal consolidation - RBI tightens priority sector lending rules - Yields rise on policy buzz, higher cut-off - Exit easy money policy in calibrated manner: govt to RBI - Mid-year review for urgent action to deal with high prices RBI Governor D Subbarao met Finance Minister Pranab Mukherjee and other ministry officials here to discuss the country’s macroeconomic scenario.


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