-The Telegraph/ PTI New Delhi: Petrol prices have touched a record high of Rs 76.24 per litre and diesel climbed to a highest ever Rs 67.57 in New Delhi with the oil PSUs passing on to consumers the impact of four weeks of a relentless rise in International Prices. The price of petrol rose by 33 paise a litre in Delhi, the highest since the daily price revisions came into force in...
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Petrol, diesel prices hiked after 19 days
-PTI Oil PSUs, who had kept rates unchanged for nearly three weeks before Karnataka went to polls despite input cost spiking, reverted to daily revision in prices on Monday New Delhi: After a 19-day pre-Karnataka poll hiatus, petrol price was today hiked by 17 paise a litre and diesel by 21 paise as PSU oil firms began passing on the spike witnessed in international rates to consumers. Petrol price in Delhi was hiked...
More »Price freeze: on high fuel prices
-The Hindu Abandoning the daily price revision of petrol and diesel sets back an important reform The price of oil has been shooting up for weeks now, with Brent crude oil futures hitting their highest level in more than three years on Monday, at more than $75. But for two weeks now, the state-owned oil companies have kept petrol and diesel prices unchanged. Since April 24, the oil companies have abandoned the...
More »How Punjab's paddy & Maharashtra's sugarcane are emptying irrigation reserves -Priscilla Jebaraj
-The Hindu Paddy and sugarcane are India’s most water-guzzling crops — using up over half of the country’s total irrigation water resources — but procurement policies and water and power subsidies are skewing profitability and distorting crop decisions, says a recent study done by agricultural economist Ashok Gulati, and Gayathri Mohan. It has been published as a working paper by the Indian Council for Research on International Economic Relations (ICRIER). The ICRIER...
More »Oil prices static before polls
-PTI New Delhi: A fortnight before Karnataka goes to polls, PSU oil firms have stopped revising petrol and diesel prices although benchmark international rates have gone up by almost $2 per barrel. The daily price notification issued by oil firms showed that petrol and diesel prices have been static since April 24. This is despite the benchmark international rate for petrol going up from $78.84 a barrel, which was cited for raising the...
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