-The Times of India State-owned oil marketing companies (OMCs) are all set to increase price of petrol by Rs 5 a litre with effect from Saturday, while the prices of diesel, cooking gas and kerosene will be increased next week once Congress president Sonia Gandhi returns after her medical checkup on September 10. A cabinet note on increasing the prices of sensitive Petroleum products like diesel, cooking gas and kerosene has already...

-The Economic Times The main objective of the Right to Information Act, 2005, is to provide access to information in order to promote transparency and accountability in the working of every public authority. The RTI Act defines 'public authority' as anybody or authority constituted by law made by competent legislature and includes anybody owned, controlled or substantially financed directly or indirectly by funds provided by the government. While deciding the status of any...

-The Hindu Renowned trade union leader Dipankar Mukherjee (69), who passed away on Monday morning, was a brilliant parliamentarian with versatile capabilities. Elected to the Rajya Sabha in April 1994 from West Bengal as a Communist Party of India (Marxist) member, Mr. Mukherjee played an important role in intervening in all crucial economic and industrial policy-related issues during his 12-year-long parliamentary stint till 2006. Born in June 1943 in Kolkata, Mr. Mukherjee had...

Amidst the raging politics on petroleum pricing, a report has established that the country was losing Rs. 87,500 crore because of poor roads and tolling systems annually. The figure gains significance against the backdrop of desperate attempts by the Union government to curb the subsidy outgo on Petroleum products that puts a drain of about Rs. 1.38 lakh crore on the exchequer. Going by the report, prepared by IIM-Calcutta on behalf of...

-The Times of India Petrol car owners may soon heave a sigh of relief as oil marketing firms are expected to cut petrol prices by up to Rs 2 per litre on Friday due to falling international crude prices. Crude prices, which fell to $96.5 per barrel on Wednesday, the lowest level in the last one year, have provided enough legroom for the oil firms to reduce petrol prices.  State-owned oil marketing...