-IANS NEW DELHI: As part of its efforts to conserve fuel, the union government proposes to declare one day in a week as " Bus Day" when all employees will use public transport, petroleum minister M Veerappa Moily on Tuesday said. "One day in a week is to be declared as 'Bus Day' as part of the petroleum ministry's mega fuel conservation campaign," Moily told media persons here. "I have also urged all...
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Ripple effect of rising fuel prices: Get used to high food prices, RBI can do little to counter them -Avinash Celestine
-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spoilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...
More »Gas-guzzling government talks austerity, burns crores -Sidhartha & Surojit Gupta
-The Times of India NEW DELHI: While ministers toy with all kinds of ideas to curb consumption of oil, including bizarre ones such as shutting down Petrol Pumps at night, it might help if they looked inwards. For, the biggest and most profligate oil consumer in the country is the government itself. Petrol flows like water in the government. Not just ministers and officials of the central and state governments, even PSUs...
More »Soon, buy 5kg cooking gas refills at Petrol Pumps-Sanjay Dutta
-The Times of India NEW DELHI: Within a fortnight, you may be able to pick up a cooking gas refill from Petrol Pumps owned and operated by state-run oil companies in the four metros and big cities such as Bangalore and Hyderabad. Oil minister M Veerappa Moily on Tuesday approved the proposal allowing sale of 5-kg cylinders at commercial rate. The cost of the small refill will be Rs 361, oil company...
More »Drilling holes in the Thirst Economy-P Sainath
-The Hindu As the borewells go deeper in Maharashtra, there have been worrying instances of ‘paleo-historic storages' being breached "Only two of them work," says Badri Kharat of his borewells in Roshangaon. That's hard - when you've sunk 36 of them spending millions of rupees, as he has. Kharat, a big landowner and local political personage, has been generous to his neighbours in this village of Jalna district. He pipes in drinking...
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