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Pranab Mukherjee said the 25 basis points rate hike by the Reserve Bank will help in moderating inflation to a comfortable level without hurting growth.
BJP and other political parties parties and UPA Allies the Trinamool Congress and DMK have demanded a roll back of the hike in petrol prices saying that it would hit the common man hard.
Leading Indian air company Jet Airways today increased fuel surcharge on its tickets by 200 rupees with effect from tomorrow, raising airfares.
Mr Singhvi has been reappointed as Chairman of the Parliamentary Standing Committee on Personnel, Public Grievances and Law and Justice, paving the way for early consultations over the Lokpal Bill. 
Sonia Gandhi made her first public appearance today after her surgery abroad. Party spokesperson Janardan Dwivedi said that Mrs. Gandhi is completely fit but in view of doctors' advice she will take complete charge after some days. He added that Mrs. Gandhi expressed her happiness for being back in the public life...