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5 hours ago
LPG hiked by Rs 2.07/cylinder, jet fuel price cut by 3.7%

New Delhi, Dec 1 (IANS) State-run oil marketing companies (OMCs) hiked the price of subsidised cooking gas, or LPG, effective from Thursday by Rs 2.07 per cylinder, while that of aviation turbine fuel (ATF) was cut by 3.7 per cent. OMCs revise rates of LPG and ATF on the first of every month, based on global oil prices and the foreign exchange rate. With this seventh increase in ...

1 day ago
Petrol hiked by 13 paise a litre, diesel cut by 12 paise

New Delhi, Nov 30 (IANS) Amid the continuing fluctuation in global oil prices, state-run Indian Oil Corp (IOC) again moved in contradictory ways on transport fuels, marginally hiking petrol by 13 paise a litre and cutting diesel prices by 12 paise at Delhi, with corresponding changes in other states and effective from midnight. The current level of international product prices of petrol ...

8 days ago
Demonetisation move to impact sales of commercial vehicles: ICRA

New Delhi, Nov 23 (IANS) The government's demonetisation move will impact the sales of commercial vehicles in the near term as fleet operators are likely to put new vehicle purchase on hold, ratings agency ICRA said on Wednesday. The rating agency said the demand for trucks has fallen by 15-30 per cent post-demonetisation. Market load operators have hit the most owing to high rel...

16 days ago
India's wholesale inflation eases a tad to 3.39% in October

New Delhi, Nov 15 (IANS) Even as prices of pulses and potatoes ruled high, India's annual rate of inflation based on wholesale prices fell marginally to 3.39 per cent for October from 3.57 per cent for the previous month, official data showed on Tuesday. According to data on the wholesale price index released by the Commerce and Industry Ministry, the annual inflation rate has climbed to...

16 days ago
India's wholesale inflation eases a tad to 3.39% in October

New Delhi, Nov 15 (IANS) Even as prices of pulses and potatoes ruled high, India's annual rate of inflation based on wholesale prices fell marginally to 3.39 per cent for October from 3.57 per cent for the previous month, official data showed on Tuesday According to data on the wholesale price index, released by the Commerce and Industry Ministry, the annual inflation rate has climbed to...

1 month ago
India's September wholesale inflation eases

New Delhi, Oct 14 (IANS) India's annual rate of inflation based on wholesale prices eased to 3.57 per cent in September from a two-year high of 3.74 per cent in August, official data showed on Friday. The annual wholesale inflation during the corresponding period last year stood at (-)4.59 per cent. After rising for the first time in April following 17 straight months of contract...

1 month ago
India's September wholesale inflation eases

New Delhi, Oct 14 (IANS) India's annual rate of inflation based on wholesale prices eased to 3.57 per cent in September from a two-year high of 3.74 per cent in August, official data showed on Friday. The annual wholesale inflation during the corresponding period last year stood at (-)4.59 per cent. After rising for the first time in April following 17 straight months of contract...

2 months ago
India's annual wholesale inflation at two-year high in August

New Delhi, Sep 14 (IANS) India's annual rate of inflation based on wholesale prices touched a two-year high in August at 3.74 per cent from 3.55 per cent in the month before, said official data released on Wednesday. After rising for the first time in April following 17 straight months of contraction, the WPI has cumulatively risen by 4.45 per cent in the current fiscal up to August. The...

3 months ago
Now, India's wholesale inflation shoots up on steep food prices

New Delhi, Aug 16 (IANS) India's annual rate of inflation based on wholesale prices shot up to 3.55 per cent for July from 1.62 per cent in June, due to an 11.82 per cent jump in prices of food articles, official data showed on Tuesday. Reacting, industry voiced concern and said steps should be taken to arrest inflationary tendencies. The prices of potatoes continued to pinch with an ann...

3 months ago
Now, India's wholesale inflation shoots up on steep food prices

New Delhi, Aug 16 (IANS) India's annual rate of inflation based on wholesale prices shot up to 3.55 per cent for July from 1.62 per cent in the previous month, due to an 11.82 per cent jump in prices of food articles, official data showed on Tuesday. The prices of potatoes continued to pinch with an annual rise of 58.78 per cent, pulses were dearer by 35.76 per cent, while fruit were 17....

4 months ago
Rural inflation is higher than urban: Crisil

Mumbai, July 18 (IANS) Rating agency Crisil on Monday said while urban inflation fell from 9 per cent to 5.3 per cent, rural inflation declined from 10.1 per cent to 6.2 per cent in the last one year. The gap has remained 100 basis points in the recent past, caused by higher core and fuel inflation in the rural areas, its research said. In 2015-16, rural core inflation was 6.7 p...

6 months ago
Three injured in BJP-CPI-M clash in Tripura, protest rallies held

Agartala, June 3 (IANS) At least two Bharatiya Janata Party (BJP) supporters and a Communist Party of India-Marxist (CPI-M) member were injured in a clash in South Tripura district, police said on Friday. The BJP organised demonstrations and protest rallies in Belonia in South Tripura and Agartala late Thursday night immediately after the incident. The party also held demonstrations acro...

6 months ago
Modi regime spending Rs 1,000 crore on refurbishing image: Congress

New Delhi, June 1 (IANS) The Congress on Wednesday said the Narendra Modi government was spending Rs.1,000 crore in refurbishing its image at a time when the country's economy is in doldrums. The Modi government is spending Rs.1,000 crore in its marketing campaign when the country is witnessing a jobless growth, party spokesperson Sushmita Dev told the media here. She said the B...

6 months ago
Taxi drivers in Bengal threaten stir over unmet demands

Kolkata, June 1 (IANS) The Bengal Taxi Association on Wednesday said it would launch a demonstration if the state transport department doesn't pay attention to the cab drivers' demands of a fare hike and regulating private cab aggregators. We have requested the new Transport Minister Subhendu Adikary to meet us within the next 10 days and look into our demands. If he doesn't give any tim...

6 months ago
Hike in petroleum prices will worsen agrarian crisis: CPI-M

New Delhi, June 1 (IANS) The Communist Party of India Marxist (CPI-M) on Wednesday condemned the latest hike in petrol and diesel prices, saying it would worsen the ongoing agrarian crisis. The politburo of CPI-M strongly condemns the hike in the prices of petrol and diesel once again in a span of a fortnight, the party said in a statement. The government hiked petrol price by Rs...

6 months ago
Non-subsidised LPG, jet fuel rates hiked

New Delhi, June 1 (IANS) State-run oil marketers on Wednesday hiked prices of non-subsidised cooking gas and aviation turbine fuel (ATF), a day after increasing petrol and diesel prices. The price of non-subsidised cooking gas, which consumers buy after exhausting their quota of 12 cylinders per year, has been raised by Rs.21 per 14.2-kg cylinder. It will now cost Rs 548.50 in Delhi as a...

7 months ago
Non-subsidised LPG, non-PDS kerosene, jet fuel rates hiked

New Delhi, May 1 (IANS) State-run oil marketers on Sunday hiked prices of non-subsidised cooking gas, non-PDS (public distribution system) kerosene and aviation turbine fuel (ATF), following their increasing petrol and diesel prices late on Saturday night. The price of non-PDS kerosene has been increased by nearly Rs.3 per litre. It now costs or Rs.49.10 a litre in Delhi as against Rs 46...

8 months ago
Karnataka budget taxes rich, middle class but spares poor

Bengaluru, March 18 (IANS) The Karnataka budget for 2016-17 hikes tax on petrol, diesel, beer, liquor and soft drinks, but spares the poor with exemption in cess on foodgrains and pulses. There would also be lower value added tax (VAT) on cotton, chatnipudi (curry powders), utensils, LED (light-emitting diode) bulbs and helmets, said Chief Minister Siddaramaiah, presenting the budget in ...

8 months ago
Karnataka budget proposes costlier fuel, liquor, soft drinks

Bengaluru, March 18 (IANS) Petrol, diesel, beer, liquor and soft drinks will be costlier in Karnataka from April 1, as the state budget for the coming fiscal (2016-17) seeks to hike various taxes on them. Presenting the budget for the next fiscal, Chief Minister Siddaramaiah told lawmakers in the legislative assembly here on Friday that petrol price would go up by Rs.1.89 per litre, with...

8 months ago
Congress slams government for hike in petrol and diesel price

New Delhi, March 16 (IANS) Congress on Wednesday slammed Narendra Modi government for the hike in petrol and diesel price, saying that it was anti-farmer, anti-poor and anti-common Indian citizen. The Congress party is forced to wonder as to how much will this government take to prove that it is anti-farmer, anti-poor and anti-common Indian citizen. It beats any logic, whatsoever to hit ...

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