-IANS NEW DELHI: As part of its efforts to conserve fuel, the union government proposes to declare one day in a week as " Bus Day" when all employees will use public transport, petroleum minister M Veerappa Moily on Tuesday said. "One day in a week is to be declared as 'Bus Day' as part of the petroleum ministry's mega fuel conservation campaign," Moily told media persons here. "I have also urged all...
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Ripple effect of rising fuel prices: Get used to high food prices, RBI can do little to counter them -Avinash Celestine
-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spoilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...
More »90% onion stocks over, hoarders could look to make a killing-Dipak Kumar Dash
-The Times of India NEW DELHI: Onion hoarders and unscrupulous traders could be looking to make a killing over the next 15-20 days as 85-90% of the country's onion stock is over and only 3-4 lakh tonnes remain available for consumption. Since traders are aware of the depleting stock, and know that arrival of the kharif crop from October will ease supplies and depress prices, they seem to be trying to extract...
More »Diesel, LPG hike decision in a few weeks: oil secretary
-Reuters Govt is considering Rs3-5 hike in diesel prices The government will decide on raising the retail prices of diesel and cooking gas (LPG) in a few weeks, the oil secretary said on Thursday, in a bid to cut the biggest item in its import bill and support the local currency. India, the world's fourth-biggest oil consumer, is considering a Rs 3 to Rs 5 hike in the price of diesel, which...
More »Dipa Sinha, a right to food campaigner interviewed by Elizabeth Roche
-Live Mint The right to food campaigner talks about the importance of the Bill in an interview The National Food Security Bill (NFSB) is just a signature away from becoming law after being passed by the Rajya Sabha on Monday. It was passed by the Lok Sabha on 26 August and needs the President's signature to be enacted. Critics have dismissed the proposed legislation as a drain on India's resources. Dipa Sinha,...
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