Rollback

Govt increases EPF interest rate to 8.8 percent bowing to trade union pressure

The government was forced to take a U-turn on the Employee Provident Fund (EPF) issue yet again on Friday when it increased the rate to 8.8 per cent from 8.7 per cent decided earlier. The Central Board of Trustees (CBT) had originally recommended 8.8 per cent.

Need money for imports: Moily rules out roll back in petrol, diesel prices

Oil Minister M Veerappa Moily today ruled out a roll back in the Rs 1.50 a litre hike in petrol and 45 paisa per litre increase in diesel rates saying only a small raise has been passed on to consumers.

Govt may consider rollback of diesel price hike

The government is considering a partial rollback of a hike in diesel prices announced last week as part of a slew of "big bang" economic reforms that have plunged Prime Minister Manmohan Singh's coalition into crisis.

Mamata warns govt not to forget 'Lakshman Rekha' of alliance

The TMC chief said they were not in favour of toppling the government, but if the rollback on fuel prices and FDI in multi-brand retail were not implemented the government should be ready to face the consequences.