-The Telegraph The cut was announced a day after the declaration of by-election results in 29 Assembly seats and 3 Lok Sabha seats, wherein BJP suffered setback in some states The Narendra Modi government has finally buckled under pressure from consumers, voters and the Opposition and slashed excise duties on petrol by Rs 5 a litre and on diesel by Rs 10 a litre. From Thursday in Calcutta, the price of petrol will...
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Urban poor bearing the brunt of high inflation: Crisil
-The Hindu Rising Fuel prices remain a festering pressure point for households The urban poor have been the worst-hit by the high inflation that has prevailed over the past one-and-a-half years, and the persistent uptick in Fuel prices continues to pose a major threat for them, rating agency Crisil said in a note on Friday. While inflation shrinks purchasing power across the board, the impact on different income classes varies with their share...
More »Food prices edge up, government keeps close watch -Zia Haq
-Hindustan Times Edible-oil prices continue to be dearer due to high global prices, prompting the Union government last week to tighten measures Vegetable prices, especially of tomato and onion, have risen in urban centres, including the national capital, on the back of higher Fuel prices and damage to summer crops due to heavy rains, wholesale and retail trade data showed on Sunday. Edible-oil prices continue to be dearer due to high global prices,...
More »In Just One Year, We’re Paying Over Rs. 300 More for LPG Cylinder! -Subodh Varma
-Newsclick.in Petrol and diesel prices have also zoomed, as Modi government rakes in over Rs.3.73 lakh crore as tax. The Central government continues to squeeze millions of Indians by relentlessly raising the prices of essential fuels, such as cooking gas and petrol/diesel. In the past one year, the price of a standard 14.2 kg cylinder of cooking gas (LPG) has been hiked by an incredible Rs.301.75, from Rs.604.63 (average of four metros)...
More »Power crisis a reminder of fossil fuel dependence
-The New Indian Express An energy crisis was the last thing policymakers had expected in the aftermath of Covid-19. An energy crisis was the last thing policymakers had expected in the aftermath of Covid-19. But here we are, facing an unprecedented energy crisis, not just in India but in many other parts of the world. Even as the Delhi chief minister sent an SOS to the Central government warning of possible power...
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