New Delhi: A united opposition on Thursday enforced Bharat Bandh to protest against petrol price hike. Several states especially those ruled by the NDA witnessed total shutdown with offices closed, markets wearing a deserted look along with major disruptions in train and road traffic. The Delhi-Howrah train route was the worst hit. Violence was also reported from some area although there have been no reports of any major clash or...
05:39 PM, May 31, 2012
New Delhi: The Finance Ministry is considering raising the excise duty on diesel cars. The suggestion was mooted long back by the Oil Ministry. This came after the inter ministerial group on inflation and diesel pricing options met on Monday. However, Oil Minister Jaipal Reddy has categorically said that the government was not considering a hike in diesel, LPG and kerosene prices right now. Government sources said that the Empowered...
01:11 PM, May 28, 2012
New Delhi: Strange but true, the subsidy on kerosene, LPG and diesel is twice the total budget of the ministries of rural development, drinking water and sanitation and, more than the budget of the Defence Ministry, Minister for Rural Development and Drinking Water Jairam Ramesh said on Friday. In his own words: "The total subsidy on diesel, kerosene and LPG comes to Rs 1,90,000 crore. Whereas, the total budget for...
07:17 PM, May 25, 2012
Bhubaneswar: Odisha's ruling Biju Janata Dal (BJD) on Friday called for a statewide shutdown May 31 to protest the hike in petrol prices by oil marketing companies. At an emergency meeting, the office bearers of the party here decided to organise demonstrations and protests across the state on their own, even though the Left parties and the BJP-led National Democratic Alliance (NDA) also have called a nation-wide shutdown the same...
05:33 PM, May 25, 2012
Jammu: Chief Minister Sheila Dikshit on Thursday indicated that Delhi government may consider cutting taxes on petrol to provide some relief from the hike in fuel price. "We will see what we can do," Dikshit told reporters when asked whether her government will reduce VAT on petrol. Dikshit, however, justified the steep hike saying oil companies were incurring huge losses and the hike was necessary. She is on a private...
01:30 AM, May 25, 2012
New Delhi: After public anger over the sharp 10 per cent petrol price hike, the government is trying to soften the blow. Under pressure from its allies, the Opposition and the public over the steep hike in petrol price, the Congress has asked all its chief ministers to cut state taxes on petrol. For every one rupee paid for petrol almost 40 paisa is state taxes. Uttarakhand and Kerala have...
02:21 PM, May 24, 2012
Mumbai: Calling for a united opposition to demand roll back in petrol price hike, Shiv Sena chief Bal Thackeray on Thursday asked people to stand together against the government's move. "Shiv Sena and NDA will start a nationwide movement against this hike. Even a call for Bharat Bandh on the issue will be acceptable," Thackeray said in his party mouthpiece 'Saamana' in Mumbai on on Thursday. Despite the UPA government...
12:51 PM, May 24, 2012
New Delhi: Opposing the steep hike in petrol prices and spiralling prices of commodities, NDA has called for a nation-wide bandh on May 31. NDA convenor and JDU President Sharad Yadav said that all the partners of the opposition alliance have been consulted in this regard. The alliance will also be talking to other parties for their support to the Bharat bandh. Rejecting Government's argument that the hike in petrol...
10:49 AM, May 24, 2012
New Delhi: The sharpest petrol price hike that was announced on Wednesday evening by oil companies is not the only burden that the UPA government has given to the common man on its third anniversary. Sources say the Empowered Group of Ministers (EGoM) will meet on Friday to discuss a possible hike in diesel and LPG prices too. Sources also say that oil companies are pushing for a Rs 5...
07:45 AM, May 24, 2012
New Delhi: In what came as a big shocker for the common man, the petrol prices were on Wednesday underwent the steepest ever increase of Rs 7.50 per litre, which would be effective from midnight. The increase was on the cards with the rupee continuing its free fall against the US dollar. The rupee fell to a record life low of 56 per dollar on Wednesday. The move evoked sharp...
07:37 PM, May 23, 2012
New Delhi: Petrol prices have been increased steeply by Rs 7.50 a litre from midnight. The increase was on the cards with the rupee continuing its free fall against the US dollar. The rupee fell to a record life low of 56 per dollar on Wednesday. State-owned oil companies have decided to raise petrol price by Rs 6.28 per litre excluding local sales tax or VAT. The hike translates into...
06:25 PM, May 23, 2012
New Delhi: As the rupee continues its free fall, a hike in petrol, diesel and LPG prices is likely this week. The rupee fell to a record life low of 56 per dollar on Wednesday. The rupee on Wednesday ended at a record closing of 56 per dollar versus 55.39 per dollar on Tuesday. The Empowered Group of Ministers (EGoM) is likely to meet on a decision on fuel prices...
12:13 PM, May 23, 2012
Prime Minister Manmohan Singh on Saturday hinted at a hike in fuel prices after the government appraised Parliament of the need to rationalise diesel prices. ...
02:55 PM, Apr 28, 2012
Kolkata: Auto rickshaw drivers went on a rampage in different parts of Kolkata and held rush hour traffic to ransom on Tuesday while protesting hike in fuel prices. Auto rickshaw drivers pelted stones on buses and forced passengers to disembark. The highly unionised three-wheeler operators in the city blocked roads at Kankurgachi, Phulbagan and Hudco crossing in north Kolkata and at Rashbehari crossing in the southern part of the city,...
12:44 PM, Apr 03, 2012
New Delhi: State-owned oil companies on Saturday hiked jet fuel price by about 3 per cent, the third time they have increased rates this month. The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was hiked by Rs 1,850.96 per kilolitre (kl), or 2.8 per cent, to Rs 67,800.30 per kl with effect from midnight on Saturday night, Indian Oil Corp, making the announcement on behalf of...
06:36 PM, Mar 31, 2012
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