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Duty may be cut to cool fuel prices

-The Times of India NEW DELHI: Oil minister Dharmendra Pradhan on Sunday raised hopes of the government cutting excise duty to soften the impact of oil prices as petrol and diesel prices hit historic highs on Sunday with state-run fuel retailers racing to catch up with current market rates after freezing pump prices for 19 days ahead of the Karnataka election.   "The Centre is sensitive towards the rising fuel prices. Various alternatives...

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India Braces for Oil Blowback as Trump Set to Announce Decision on Iran Deal -Noor Mohammad

-TheWire.in If Trump carries out his threat of pulling the US out of the deal and re-imposes sanctions on the Persian Gulf country, oil prices could start soaring, hitting India and other major crude importers hard. New Delhi: The global oil market is waiting with bated breath for US President Donald Trump’s next move on the Iran nuclear deal, expected to be announced on Tuesday, four days ahead of the May 12...

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Fuel prices hit new high, no relief in sight for consumers -Sanjay Dutta

-The Times of India NEW DELHI: There’s no respite in sight for fuel consumers as pump prices remain on a record-breaking spree as crude clambers towards $80(approximately Rs 5,314) a barrel-mark in a market edgy over US bailing on Iran nuclear deal, outages in Venezuela and uptick in demand. Petrol and diesel prices scaled new peaks on Tuesday as benchmark crude rose to $75(approximately Rs 5,000)a barrel, its highest since November 2014. In...

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After Aborted "Fake News" Order, Centre Turns Focus To Online Media

-NDTV The Information and Broadcasting Ministry headed by Smriti Irani has set up a committee that will discuss and recommend a regulatory framework for online media. New Delhi: The government has amped up a move to regulate online media and news portals just after it was forced to take back a controversial order on punishing journalists for fake news on Prime Minister Narendra Modi's intervention. The Information and Broadcasting Ministry headed by...

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Doctor Modi's Cure for Fake News is Worse Than the Disease -Siddharth Varadarajan

-TheWire.in When a government and ruling party that themselves peddle disinformation now say they want to fight fake news, it is time for the media to batten down the hatches and prepare for the worst. In the name of fighting fake news, the Narendra Modi government is laying a minefield for journalists and media houses that threatens what remains of the free press in India. On Monday, the information and broadcasting ministry spelt...

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