-PTI Chief Minister D V Sadananda Gowda today said his government would look into the possibilities of reducing cess on petrol after the June 11 biennial elections to the state Legislative Council. "I will look into the possibilities of reducing cess on petrol soon after the elections to the legislative council. For now, I can't comment on the issue due to model code of conduct," he told reporters. The statement comes in the...
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File affidavit on PIL against petrol hike, HC directs Centre
-The Indian Express The Bombay High Court today directed Centre, Petroleum Ministry and Finance Ministry to file an affidavit by June 20 in response to a petition that claimed the recent petrol price hike was "illegal" as it lacked Parliament's approval and violated the Constitution. A bench of Justices R Y Ganoo and N M Jamdar ordered the respondents to file an affidavit explaining their stand on increasing the price of petrol. Apart...
More »A burden beyond bearing
-The Business Standard Govt cannot delay increasing diesel, LPG prices Petroleum Minister Jaipal Reddy, speaking after a ministerial-level meeting on inflation on Monday, said that the government had no immediate plans to raise the administered prices of diesel, kerosene and domestic LPG (liquefied Petroleum gas). This comes after oil marketing companies raised the price of petrol last week by Rs 7.50 per litre, an increase of 12 per cent. Mr Reddy’s...
More »Petrol price hike not a correct step: AK Antony
-The Hindustan Times In a first sign of dissent within the UPA government over the recent Rs. 7 hike in petrol prices, defence minister AK Antony on Tuesday said it was “not a correct step”. Antony's remarks came soon after he landed at Neyyattinkara in Kerala to campaign for Congress candidate R Selvaraj for the June 2 assembly by-elections. “The hike in petrol price was not a correct step. The oil companies should...
More »High Court issues notices to Centre on PIL against petrol price hike
-MoneyLife.in Citing lack of uniformity in the prices of petrol, the petitioner said that in Thane, the price per litre is Rs81.70, while it is as low as Rs58.06 in Port Blair, Rs81.75 per litre in Bengaluru and Rs73.18 in Delhi The Bombay High Court on Monday issued notices to Centre, Ministry of Petroleum and Natural Gas and Finance Secretary, besides three oil marketing companies on a public interest litigation (PIL), which...
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