PM accepts Dinesh Trivedi's resignation
NEW DELHI (Reuters) - Dinesh Trivedi's resignation as railway minister has been accepted, Prime Minister Manmohan Singh told lawmakers in parliament on Monday.
Trivedi quit on Sunday after his announcement of an increase in passenger fares in last week's railway budget prompted a furious response from his Trinamool Congress party.
The resignation and the fare rollback that is likely to come, underscored the UPA government's inability to take unpopular policy steps.
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
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