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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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Guar: Farmers mint money from common man's food-Nitin Sethi

It used to be a dry and arid land legume grown by poor farmers in Rajasthan, Haryana , Gujarat and Madhya Pradesh. Till a few years back, it sold for as low as Rs 1,000 a quintal. Eaten either at home by farmers (some may remember it as guar ki phalli) or sold off for export to be used as a binding and thickening agent in edible products like ice creams,...

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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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RURAL URBAN DIVIDE: A TALE OF TWO INDIAS

A government report lends credence to the notion of “two Indias”, or the distinction between “India” and “Bharat” – a theme often debated in recent years. At a time when urban India is growing and policy makers have expressed clear preference for the trend, this report, by National Sample Survey Organisation (NSSO), brings India’s deep urban-rural divide into focus, showing disparities in scale and levels of expenditure and consumption and, equally...

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Protest against petrol price hike: Nation-wide bandh evokes mixed response

-The Economic Times The Left and the Right came together on Thursday to protest against the steepest petrol price hike, even as the government accused the opposition of unnecessarily politicising the issue. The nation-wide bandh evoked a mixed response, with incidents of violence being reported from Maharashtra, Karnataka and West Bengal. BJP and Left leaders courted arrest in several states. Activists targeted commercial establishments that refused to down shutters. In Delhi, the bandh...

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