Tag: Fuel price

  • Maharashtra Executive cuts VAT on petrol, diesel by way of Rs 5 and Rs 3 in keeping with litre respectively: CM Shinde

    Shinde knowledgeable newshounds after a cupboard assembly at Mantralaya that the verdict would entail a burden of Rs 6,000 crore at the state exchequer.

  • ‘Minimize taxes on gasoline in 15 days’: BJP threatens protests in Bengal

    Chatting with newshounds, BJP state president Sukanta Majumdar mentioned the state executive must give some reduction to the folk when the Centre has cleared the entire GST dues.

  • Energy cuts and prime LPG costs cripple day-to-day lifetime of Sri Lankan households

    Amid the commercial disaster ravaging Sri Lanka, India Nowadays reached out to a neighborhood Sri Lankan circle of relatives to know their plight on a daily foundation. Because the staff reached the place of abode of Udhaya Sushantha (39) and Dilini Wasana (33), there was once an influence reduce, one that the federal government enforces for with regards to three-and-half-hours on a regular basis.

    The rise in worth and absence of LPG has ended in folks totally turning into depending on energy, however unscheduled energy cuts have left households suffering to position meals at the desk.

    Dilini, a central authority college trainer stated, “On a regular basis chores have change into a fight.”

    Dilini, who must go back and forth 11 to twelve km to succeed in her college, says, “Within the morning, I wish to get up through 3am or 4am and cook dinner meals for my kid. After which, getting a taxi is a job. On account of the gasoline scarcity, no person desires to power some distance. For a taxi additionally, I wish to spend 1500 LKR(Lankan rupee) in line with day, and that’s too prime in comparison to my wage.”

    Udhaya, who completed his publish commencement in control, was once working a development corporate. However in January, the commercial disaster and the rise within the costs of development fabrics compelled him to near his company and sign up for the tourism trade.

    “The fabric price of a bag of cement was once 800 to 1000 LKR previous, now it’s greater than 3000 LKR. Although the costs of the fabrics have long past prime, folks don’t seem to be able to pay upper costs for development and that ended in losses,” stated Udhaya.

    As Dilini prepares meals for her two-year-old kid, she hopes that the facility will probably be again quickly. However, she was once in for unhappiness when, even after her lengthy wait, the facility was once now not again.

    “There is not any energy and we don’t seem to be in a position to cook dinner rice within the rice cooker. LPG gasoline may be very tough to get. So, we need to save that up to imaginable. It’s not that i am in a position to make rice for my kid,” says Dilini.

    Two-year-old Umara began crying as she started to get hungry. Unfortunately, with out a energy and no meals cooked, Dilini has just a cup of yoghurt to feed her child.

  • Congress, NCP accuse Centre of ‘looting’ not unusual guy by means of mountaineering costs of gas

    By way of PTI

    MUMBAI: The Congress and the NCP on Wednesday accused the Narendra Modi executive of looting the deficient as the costs of petrol and diesel have been hiked once more.

    Petrol and diesel costs have been raised by means of 80 paise a litre each and every on Wednesday, taking the full build up in charges in 16 days to Rs 10 consistent with litre.

    “The Modi executive continues to loot the deficient thru gas worth hikes! Petrol-diesel costs have been greater by means of any other 80 paise lately with the costs going up by means of Rs 10 in two weeks,” Maharashtra Congress leader Nana Patole tweeted. Patole termed the BJP executive a “pickpocket”.

    NCP spokesperson Clyde Crasto additionally took to Twitter to hit out on the BJP, terming the saffron birthday party “lootjeevi” (one that flourishes at the loot).

    ALSO READ: 14th worth hike in 16 days makes petrol, diesel more expensive by means of Rs 10/litre 

    Taking a swipe on the BJP, Crasto shared a caricature, wherein he likened the birthday party to a cowboy preserving gas pump nozzles in each palms as though weapons and coaching them in opposition to a not unusual guy who has raised his palms out of worry.

    The cowboy depicted within the caricature has the BJP’s ballot image, the lotus, within the position of his face. “Sufficient of petrol-diesel worth upward thrust,” Crasto tweeted. NCP and Congress are constituents of the MVA executive led by means of Shiv Sena.

  • Rahul calls for rollback in costs of gasoline, leads protest towards hike

    Via PTI

    NEW DELHI: Stepping up the assault towards the federal government over steep hike in gasoline costs, Congress chief Rahul Gandhi on Thursday stated the upward thrust in petrol and diesel costs has been exceptional and demanded its roll again.

    Main a protest through Congress MPs at the factor at Vijay Chowk right here, he stated costs of petrol and diesel have risen 9 instances within the ultimate 10 days, and the typical guy is probably the most affected because of this.

    Congress MPs from each the Lok Sabha and the Rajya Sabha sporting placards raised slogans towards the federal government and sat on a dharna towards the gasoline worth hike.

    Amongst the ones provide integrated Chief of Opposition within the Rajya Sabha Mallikarjun Kharge and Congress chief within the Lok Sabha Adhir Ranjan Chowdhury.

    “Our call for is that the federal government must keep an eye on costs and forestall elevating petrol and diesel costs,” Gandhi stated whilst noting that the deficient and heart magnificence were worst hit through the hike.

    “We will be able to see that petrol and diesel costs are hiking hastily. The federal government is making hundreds of crores from this. The Congress is protesting around the nation in contrast worth upward push of petrol and diesel. The federal government has to forestall doing this. It has to make certain that costs don’t upward push,” he advised journalists.

    “I had stated that after elections shall be over, the costs of petrol and diesel shall be emerging and had requested other people to replenish their tanks,” he stated.

    Gandhi shared on Twitter petrol charges in nations within the Indian sub continent. “Petrol Price in Indian Rupees (Rs) Afghanistan: 66.99. Pakistan: 62.38. Sri Lanka: 72.96. Bangladesh: 78.53. Bhutan: 86.28. Nepal: 97.05. India: 101.81.

    “Do not ask inquiries to the ‘Fakir’, who stocks wisdom at the digicam. Loots India whilst sporting a bag filled with ‘jumlas’ (rhetoric),” Gandhi stated in a tweet in Hindi, the usage of hashtag “MehangaiMuktBharat”.

    Gandhi stated this stage of worth upward push in petrol and diesel has been exceptional, whilst accusing the federal government of stealing the cash from the deficient and handing it over to industrialists.

    The Congress may be launching a week-long countrywide protest “Mehngai Mukt Bharat’ towards inflation and upward push in gasoline costs, below which it’ll release a social media marketing campaign in addition to beat plates and drums.

    It’ll additionally garland LPG cylinders around the nation in any respect state and district headquarters to spotlight top inflation and upward push in gasoline costs.

    Petrol and diesel costs have been on Thursday hiked through 80 paise a litre every, taking the entire building up in charges within the ultimate 10 days to Rs 6.40 consistent with litre.

    Charges were greater around the nation and range from state to state relying upon native taxation.

    That is the 9th building up in costs for the reason that finishing of a four-and-half-month lengthy hiatus in fee revision on March 22.

  • Oil worth tops USD 87 according to barrel however petrol, diesel costs keep unchanged

    Via PTI

    NEW DELHI: World oil costs jumped to the best stage since 2014, topping USD 87 a barrel however home petrol and diesel costs remained unchanged for the 74th day in a row – a freeze that can be related to resulting meeting elections in states like Uttar Pradesh and Punjab.

    Brent – the important thing world oil benchmark – soared to USD 87.7 according to barrel most commonly because of emerging geopolitical tensions and supply-side disturbances because of Yemen’s Houthi team’s assault on oil amenities within the United Arab Emirates.

    Additionally, world inventories are waning. The assault, some analysts consider, would possibly result in extra opposed behaviour between the 2 energy centres within the Center East – Iran and Saudi Arabia.

    However home gasoline costs – which might be immediately related to global oil costs – have no longer been revised for over two months now. Petrol prices Rs 95.41 a litre in Delhi and diesel is priced at Rs 86.67.

    This worth is after accounting for the excise responsibility minimize and a discount in VAT charge through the state executive. Prior to those tax discounts, petrol worth had touched an all-time prime of Rs 110.04 a litre and diesel got here for Rs 98.42.

    Those charges corresponded to Brent hovering to a height of USD 86.40 according to barrel on October 26, 2021.

    Brent was once USD 82.74 on November 5, 2021, sooner than it began to fall and touched USD 68.87 a barrel in December. Costs, on the other hand, began to upward push thereafter and on Tuesday soared to USD 87.7 according to barrel – the best since 2014.

    Petrol and diesel costs had been up to now frozen sooner than an important elections. There was once a 19-day worth freeze on petrol and diesel forward of Karnataka polls in Might 2018, in spite of global gasoline costs going up through just about USD 5 according to barrel.

    Then again, no faster have been the elections over, oil corporations swiftly handed directly to consumers the specified build up — over 16-straight days post-Might 14, 2018. Petrol worth climbed through Rs 3.8 according to litre and diesel through Rs 3.38 according to litre after the hike.

    In a similar fashion, that they had stopped revising gasoline costs for just about 14 days forward of the meeting elections in Gujarat in December 2017.

    Those corporations had additionally imposed a freeze on petrol and diesel costs between January 16, 2017, and April 1, 2017, when meeting elections in 5 states — Punjab, Goa, Uttarakhand, Uttar Pradesh and Manipur, have been held.

    Throughout the 2019 basic elections, they moderated the revision through no longer passing on all the desired build up in charges to shoppers, business assets mentioned.

    The charges started to upward push an afternoon after the general section of polling for the Lok Sabha elections ended. The present 74-day hiatus is the second one longest since day by day gasoline worth revision was once followed in June 2017. Previous to this, there was once a 82-day hiatus in charge revision between March 17, 2020 and June 6, 2020.

    The 82-day hiatus in charge revision in 2020 adopted the federal government elevating excise responsibility on petrol and diesel through Rs 3 according to litre every to mop up good points coming up from falling global charges.

    The federal government on Might 6, 2020, once more raised excise tasks through Rs 10 according to litre on petrol and Rs 13 according to litre on diesel.