NEW DELHI (Reuters) - After raising subsidised diesel prices despite heavy political opposition, the Indian government may go further in reviving its stalled reform agenda on Friday when it weighs allowing foreign direct investment in its battered airlines.
India's decision late on Thursday to raise diesel prices by 14 percent, the first such move in 15 months, is aimed at shoring up a weakening fiscal position, but has already come under intense fire from both the opposition and allies within the ruling Congress party-led coalition.
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