-Reuters Govt is considering Rs3-5 hike in diesel prices The government will decide on raising the retail prices of diesel and cooking gas (LPG) in a few weeks, the oil secretary said on Thursday, in a bid to cut the biggest item in its import bill and support the local currency. India, the world's fourth-biggest oil consumer, is considering a Rs 3 to Rs 5 hike in the price of diesel, which...
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Ready for peak oil?-Smriti Kak Ramachandran
-The Hindu As cities expand and markets keep Fuel Prices high, Indians are demanding better public transport. The States must deliver, but they are only inching ahead. In the chorus of angry voices against the horrific gang rape of a paramedic student on a moving bus in the national capital on December 16 last, one issue that quickly became apparent was the state of public transport in urban areas. The shocking incident...
More »Steep fuel price hike likely as under-recoveries rise -Rajesh Chandramouli
-The Times of India CHENNAI: With the oil ministry looking to announce steps to curb fuel consumption on September 16, industry insiders and analysts expect a steep one-time increase in prices of diesel and domestic LPG. In several key cities, the under recovery in domestic LPG is more than double that of the selling price while in diesel, the gap has increased to Rs 12.12 a litre from Rs 9.03 per litre...
More »Bengal threat to pension bill
-The Telegraph New Delhi: The Left and the Trinamul Congress have both promised to oppose the passage of the pension reform bill that the government plans to push with the BJP's support. The Pension Fund Regulatory and Development Authority (PFRDA) bill was listed for passage in the Lok Sabha today but was stalled because of protests over various issues. One of them was the fuel price hike, which found Trinamul and the...
More »Rajya Sabha passes National Food Security Bill
-The Times of India NEW DELHI: The National Food Security Bill, which seeks to provide heavily-subsidized food to two-thirds of India's 1.23 billion people, was passed by the Rajya Sabha on Monday. Much like what happened in the Lok Sabha last week, there was a scramble among political parties to garner populist brownie points even as they differed fiercely on certain provisions of the bill and their implementation. With the Congress all...
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