A hike in diesel and domestic LPG prices has been deferred for now, but an increase in petrol prices later this week looks imminent. An Empowered Group of Minister (EGoM) headed by Finance Minister Pranab Mukherjee was to meet on Wednesday to consider raising the diesel price by Rs 3-4 a litre and domestic LPG rates by Rs 20-25 per cylinder, but the meeting was deferred without assigning any reason. "No new...
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Bid to restrict subsidised LPG use by R Suryamurthy
The government plans to restrict subsidised domestic LPG cylinders to six per household every year. For additional cylinders, consumers will have to pay the market price. Data show 65-70 per cent of households use 5-6 cylinders (14.2 kg) a year, while the remaining use more. In Calcutta, PSU oil marketing firms suffer a loss of Rs 329.73 by selling an LPG cylinder at Rs 365.10. A senior oil ministry official said the proposal...
More »New survey, demarcation of mining leases ordered by J Venkatesan
Expressing dissatisfaction with the report of the Central Empowered Committee (CEC) on 99 mining leases in Karnataka, the Supreme Court on Friday set up a new team to conduct a fresh survey and to demarcate the boundaries of these leases in the Bellary-Hospet forest region. A Forest Bench comprising Chief Justice S.H. Kapadia and Justices Aftab Alam and K.S. Radhakrishnan made it clear that after the survey if illegal mining or...
More »Govt mulling Rs 3/litre diesel rate hike after assembly polls
The government plans to hike diesel prices by up to Rs 3 a litre soon after the assembly elections in five states are over next week, while an equivalent steep increase in petrol rates is also on card. "An Empowered Group of Ministers (EGoM) headed by finance minister Pranab Mukherjee is scheduled to meet on May 11 to mull on a hike in diesel prices," a top government official, refusing to...
More »India puts tight leash on internet free speech
Free speech advocates and Internet users are protesting new Indian regulations restricting Web content that, among other things, can be considered "disparaging," "harassing," "blasphemous" or "hateful." The new rules, quietly issued by the country's Department of Information Technology earlier this month and only now attracting attention, allow officials and private citizens to demand that Internet sites and service providers remove content they consider objectionable on the basis of a long list...
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