AirAsia chief Tony Fernandes on Wednesday said the airline's low-cost venture in India is expected to start operations by April.

Finance Minister P Chidambaram admitted today that his party, the ruling Congress, is the underdog heading into the general elections due by May. He also admitted that the Congress-led UPA government has displayed "a certain lack of decisiveness."

Finance Minister P Chidambaram on Wednesday hit out at Delhi Chief Minister Arvind Kejriwal for his two-day sit-in in that gridlocked Delhi earlier this week.