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Planning Commission deputy chairman Montek Singh Ahluwalia defends Rs 35L spent on toilets-Abheek Barman

While the government wants India to tighten its belt, the Planning Commission can afford to, well, flush with cash.  On Wednesday, Commission chief Montek Singh Ahluwalia said that Rs 35 lakh spent on two toilets in his office was not public money down the drain.  Ahluwalia explained that these were not toilets, but "toilet complexes."  Each of these complexes can accommodate 10 people at a time. He did not specify whether taxpayers would...

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High-level meet to discuss tax on diesel cars-Amrit Raj

A day after the Central Board of Excise and Customs (CBEC) said finance minister Pranab Mukherjee was considering an increase in excise duty on diesel cars, a consensus seems to be building within the government, with the oil ministry supporting the move. Following this, key stakeholders involved in taking a decision on increasing excise duty on diesel vehicles are likely to meet on Wednesday, according to three people, including a top...

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'Most Australians against Uranium sale to India'

-PTI The Australian government might have overturned a ban on uranium sale to India but a majority of people in the country still appear opposed to the idea of selling the mineral to New Delhi. In a new survey, a majority of Australians were found to be against the recent Labor party decision of lifting ban on Uranium sale to India with 61% opposing it. "More than 60% of Australians say they are...

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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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Petrol price: Oil firms, govt play politics at consumers' cost-Sanjay Dutta

State-run fuel retailers don't tire of flashing their "autonomy" to justify raising petrol price. But when it came to a reduction on Thursday, they suddenly appeared to have developed political bones: the three oil marketers firms hastily pulled back plans to cut price by Rs 1.60 or so, excluding taxes, to prevent the opposition from taking credit. The retailers had raised petrol price by Rs 6.28, excluding taxes, on May 23....

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