-The Hindu India should take its cue from Brazil and invest in ethanol as a viable commercial substitute for costly petrol The public and media were outraged recently after a suggestion that petrol stations could be closed from 8 p.m. to 8 a.m. to curb consumption. Oil import is the heaviest burden on India's foreign exchange, at $144 billion last year. The situation could get worse, given the potential for an increase...
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Sex predators, traffickers target kids at will in Delhi -Neelam Pandey
-The Hindustan Times For the past three years, Kunwar Pal is looking for his missing 12-year-old son. He tries to follow every lead that he gets and travels across the city and nearby towns in the search of his son who went missing in November 2003 from Sangam Vihar in south Delhi. He regularly visits the police station, where he had registered a missing persons' complaint and pastes photos of his son...
More »Diesel, LPG hike decision in a few weeks: oil secretary
-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...
More »Amid slugfest with BJP, PM hints at hiking fuel prices, curbing gold imports
-The Times of India NEW DELHI: The Prime Minister on Friday called for a political consensus on "more difficult reforms", indicating that the government was considering a cut in fuel subsidy, which would mean higher petrol and diesel prices, and bringing in measures to curb gold imports. Making a statement in the Lok Sabha on the current economic situation, Manmohan Singh admitted that the current account deficit had gone up sharply and...
More »Firm rupee, good crop could peg WPI at 5-6% by year-end: Montek
-PTI Pinning hopes on rupee stabilisation and the impact of a good monsoon in the coming days, Planning Commission Deputy Chairman Montek Singh Ahluwalia today said he expected inflation to hover around 5 and 6 per cent by the year-end. "With Currency appearing to stabilise, I don't expect this (effect on inflation) to continue. I think if we can get moderation on the food front once the impact of a good monsoon...
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