-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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The misery of farmers in the midst of plenty -Himanshu
-Livemint.com For the first time during the tenure of the present government, overall inflation of food articles is negative, implying a decline in prices Last week the India Meteorological Department (IMD) presented its first forecast for the monsoon this year. The forecast at 97% of the long period average (LPA) suggested yet a third year of normal monsoon rains, following 2016 and 2017. This should have ideally brought cheer to farmers struggling...
More »Petrol price hit highest level, diesel at record high
-PTI Petrol price today hit ?74.40 a litre — the highest level under the BJP-led government, while diesel rates touched a record high of ?65.65, renewing calls for cut in excise duty to ease burden on consumers. State-owned oil firms, which have been since June last year revising auto fuel prices daily, on Sunday raised petrol and diesel rates by 19 paisa per litre each in Delhi, according to a price notification. The...
More »Rising Petrol Prices: What Narendra Modi said before 2014 and his govt did in 4 years -Prabhash K Dutta
-IndiaToday.in Rising prices including those of petrol and diesel were among the reasons that brought down the UPA government of Manmohan Singh, whom the then Gujarat Chief Minister Narendra Modi had described as a "Sardar (chief), who is not asardar (effective)". In May 2012, the UPA government had approved the steepest ever hike in Petrol Prices across the country. The Petrol Prices suddenly went up by Rs 7.54 per litre. Petrol price...
More »Diesel price hits all-time high, Petrol Prices highest in over 4 years -Sumant Banerji
-BusinessToday.in Prices of diesel hit an all-time high of Rs 64.40 per litre in Delhi, while Petrol Prices were at Rs 73.55, highest in over four years. The last time Petrol Prices were higher was in September 2013 when it was Rs 76.06 per litre in the city. In a bid to bring in transparency in pricing of fuels, the government had changed the fortnightly revision of prices to a daily routine...
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