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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Japan's NTT DoCoMo will unload its 26.5 percent stake in loss-making Indian mobile phone joint venture Tata Teleservices and exit the country as it struggles with tough price competition, sources familiar with the matter said. Full Article | Quote