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Petrol price down Rs 2 a litre, another Re 0.92 cut next week

-The Times of India State-run fuel retailers on Saturday reduced petrol price by Rs 1.68 per litre, excluding state taxes. This means consumers in Delhi would pay Rs 2 less per litre at pumps from midnight and will see an additional 92 paise reduction next week after the local government notifies a reduction in the value added tax (VAT). In other states, the extent of decline would vary by a few paise...

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Recovering Budhni Mejhan from the silted landscape of modern India-Chitra Padmanabhan

Of late, a childhood friend's 80-year-old mother has taken to writing. Emboldened by her single-mindedness, memories dulled by a lifetime of contingencies now respond readily to the daily rustle of pen on paper. One memory stands out in Surjit Kaur's mind. In 1957, as a fresh eyed schoolteacher from Delhi she went on an educational tour to Uttar Pradesh, Madhya Pradesh, Bihar and West Bengal. It was 10 years after Independence...

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Banerjee admits debt-ridden farmers contemplate suicide

-IANS West Bengal Chief Minister Mamata Banerjee Friday conceded that there were 'debt-ridden peasants who contemplated committing suicides'. 'There are many farmers who take loans from money lenders at high interest and when they are unable to repay the money, they contemplate suicide. Do not give up life like that, life is most valuable,' said Banerjee, after giving Kisan Credit Cards to farmers here in the South 24-Parganas district, about 150 km...

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India loses Rs 60,000 crore due to traffic congestion: Study-Dipak K Dash

-The Times of India The country loses Rs 60,000 crore a year due to congestion (including fuel wastage), slow speed of freight vehicles and waiting time at toll plazas and checking points, a study on operational efficiencies of freight transportation by roads has claimed. It said vehicles crawl at an average speed of less than 20 kmph on some key corridors such as Mumbai-Chennai, Delhi-Chennai and Delhi-Guwahati while it's only 21.35 kmph...

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Petrol price hike not a correct step: AK Antony

-The Hindustan Times In a first sign of dissent within the UPA government over the recent Rs. 7 hike in petrol prices, defence minister AK Antony on Tuesday said it was “not a correct step”. Antony's remarks came soon after he landed at Neyyattinkara in Kerala to campaign for Congress candidate R Selvaraj for the June 2 assembly by-elections. “The hike in petrol price was not a correct step. The oil companies should...

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