Pranab Mukherjee's son Abhijit becomes WBIDFC chairman!Farmers across India react strongly to fuel price hike!
Farmers across India react strongly to fuel price hike
Reacting strongly to the hike in the prices of diesel , kerosene and LPG, farmers across the country have contended it would have adverse affects on the agriculture sector and even prompt them to end their occupation.
Petroleum Minister S Jaipal Reddy announced of a hike in the price of LPG (liquefied petroleum gas) cylinders by 50 rupees on Friday.
Apart from the price of LPG, the federal government's Empowered Group of Ministers (EGOM) also raised the price of diesel by three rupees and kerosene oil by two rupees per litre.
Farmers in Rohtak region of Haryana said the government is bothered about the losses incurred by the oil companies and ignorant about the farmers' expenses and income.
"Oil companies say they are facing losses, but the farmers are facing more losses than these firms. Without the fuel we are unable to do our work and we get it only once a month. Water from the tube well is not sufficient because the price of fuel has increased so much that the farmers are not able to irrigate their fields with water from the tube well. If we have to store water for once, we need at least 20 litre of diesel" said Rajendra, a farmer from Rohtak.
"Where and how can we manage such needs? It would be better that the farmers' occupation comes to an end. And, if such price hike keeps taking place, then who would do farming? We will have to leave these machinery and get back to manual work elsewhere," he added.
In Kanpur district of the Uttar Pradesh, farmers lamented that the price hike has increased their woes.
"The price hike would have a very bad impact on farmers because diesel has become expensive, the soil is expensive and water problem is increasing day by day. Whatever we produce and the money that we would earn is spent on diesel," a farmer of Uttar Pradesh, Alok said.
25 JUN, 2011, 05.46PM IST,ET BUREAU
Pranab Mukherjee's son Abhijit becomes WBIDFC chairman
KOLKATA: Abhijit Mukherjee , the son of Congress veteran and union finance minister Pranab Mukhejee, has become the chairman of West Bengal Industrial Development Finance Corporation.
The junior Mukherjee replaced state finance secretary CM Bachhawat as the head of the corporation, which is a special purpose vehicle floated in 1997 for providing funding support to state's insfrastructure projects. The Mamata Banerjee government has issued the appointment letter on Friday evening.
Insiders in WBIDFC welcomed the move to bringing in someone like Abhijit, who had 26 years of experience in bluechip PSUs like BHEL and SAIL. "The state-run corporation needs to be run professionally and his corporate experience will help," a senior WBIDFC official said.
Abhijit Mukherjee, who joined politics just recently, has become an MLA from Nalhati of Birbhum district with Congress ticket. The choice of Nalhati assembly constituency to fight his first general election seems to be obvious since it is close to the family's ancestral home in Miriti village near Kirnahar in Birbhum.
After he won the election, many thought he would get a ministerial berth in the new government in West Bengal. But apparently, the state Pradesh Congress committee did not recommend his name to the party highcommand Sonia Gandhi. Mukherjee has a degree in mechanical engineering from Jadavpur University. Prior to joining politics, he was general manager in SAIL and was in charge of corporate social responsibility.
Bengal slashes cess on cooking gas
KOLKATA:The West Bengal government Saturday reduced cooking gas prices by Rs.16 per cylinder to partially offset the hike of Rs.50 announced by the central government.
Announcing the cut, Chief minister Mamata Banerjee said: "But for the increase in price, we would have got additional cess of Rs.16 per cylinder."
"Keeping in mind the interests of the people, the state government has decided not to take the cess of Rs. 16. This will help the people to manage their budget to some extent," she added.
The reduction in cess would be effective from Saturday and cause the state exchequer a loss of Rs.75 crore.
The chief minister said she took the decision after discussions with Finance Minister Amit Mitra , who was present when Banerjee announced her decision to the media at the state secretariat.
Banerjee said her government had a moral responsibility to the people and regretted that the erstwhile Left Front regime had not paid any heed to the opposition's request time and again to cut cess on fuel prices.
"The hike of Rs.50 now comes down to Rs.34," added Banerjee.
She also said her party does not support in any way the price hike. "We are totally against it. We do not support the price hike."
She also said that the price reduction will be notified Monday but it will become effective from Saturday.
The central government hiked the prices of diesel, kerosene and cooking gas respectively by Rs.3 per litre, Rs.2 per litre and Rs.50 per cylinder with effect from Friday midnight.
24 Jun 2011 – The government on Friday raised the price of diesel by Rs 3 a litre, cooking gas by Rs 50 a cylinder and kerosene by Rs 2 a litre. economictimes.indiatimes.com › News › News By Industry
24 Jun 2011 – Biting the bullet, government on Friday hiked the price of diesel by Rs 3 a litre,kerosene Rs 2 a litre and cooking gas by a steep Rs 50 a ... www.deccanherald.com › National
Over a month after petrol prices were hiked, the government on Friday raised the price ofdiesel by Rs.3 a litre, cooking gas by Rs.50 a cylinder and ... www.sify.com › Finance
Read 'Diesel, cooking gas and kerosene prices hiked' on Yahoo! News. New Delhi, June 24 (IANS) Over a month after petrol prices were hiked, the government ... in.news.yahoo.com/diesel-cooking-gas-kerosene-prices-hiked-155933389.html
24 Jun 2011 – Diesel, cooking gas and kerosene prices hiked - New Delhi, June 24 : Over a month after petrol prices were hiked, the government Friday ... www.newkerala.com › News › india-news
24 Jun 2011 – India Hikes Diesel, Kerosene, Cooking Gas Prices By Rs 3, 2, 50 Respectively. abclive.in/national/.../617-diesel-kerosene-cooking-gas-prices.html - Cached
25 Jun 2011 – Diesel,?cooking fuel, kerosene prices raised, This was accompanied by ...raised diesel, kerosene and domestic cooking gas prices by Rs3 per ... www.livemint.com/2011/06/24214312/Dieselcooking-fuel-kerosene.html
24 Jun 2011 – Diesel, cooking gas and kerosene prices hiked (Lead) New Delhi, June 24 (IANS) Over a month after petrol prices were hiked, the government ... www.anhourago.in/show.aspx?l=8727696&d=502
PTI | 07:06 PM,Jun 25,2011 In a steep hike, the government yesterday increased diesel price by Rs 3 per litre, domestic LPG by Rs 50 per cylinder and kerosene by Rs 2 per litre and slashed customs and excise duties on crude oil and products, ...
Place: THIRUVANANTHAPURAM | Agency: PTI Flaying the UPA government for "smothering" common people with repeated hikes in the prices of petroleum products, CPI(M) in Kerala today said lives of Indians should not be turned into something to "play with" ...
PTI Bihar Chief Minister, Nitish Kumar on Saturday vehemently opposed the hike in prices of diesel, kerosene and LPG said it would further affect the common people. "I strongly oppose the hike in the prices of diesel, kerosene and LPG... it will ...
"I strongly oppose the hike in the prices of diesel, kerosene and LPG...... it will further impact and affect the miseries of common people," Mr. Kumar told reporters.
PTI | 05:06 PM,Jun 25,2011 Bhopal, Jun 25 (PTI) Madhya Pradesh unit of CPI(M) today criticised the UPA Government for increasing the prices of diesel, kerosene and cooking gas, saying the move has dealt a cruel blow to the common people. ...
PTI The fuel price hike saw the government coming under fire from ally Trinamool Congress and rivals BJP and Left parties have hit the streets on the issue while AIADMK has demanded an immediate rollback of the increase. ...
Reacting on the hike of prices of diesel, cooking gas and kerosene, Petroleum and Natural Gas Minister S. Jaipal Reddy, on Friday said that the hike is not a big increase and should not burden the consumers. Government raised the price of diesel by 3 ...
NEW DELHI: Reacting strongly to the hike in the prices of diesel , kerosene and LPG, farmers across the country have contended it would have adverse affects on the agriculture sector and even prompt them to end their occupation. ...
June 24 (Bloomberg) -- India may raise fuel prices when a ministers' panel meets today, seeking to trim fuelsubsidies that are threatening to exceed the government's forecast of $5.3 billion this year, an oil ministry official said. ...
New Delhi - Hundreds of supporters of India's opposition Bharatiya Janata Party (BJP) and left-wing parties held nationwide demonstrations Saturday over an increase in the fuel prices. The government increased the price of diesel by 3 rupees (7 cents) ...
Now the price of an LPG cylinder would cost Rs 401.10 instead of Rs 417.10 after the central hike. The cess will remain on diesel and kerosene, however. "They have raised price of petrol several times. Not once, many times in one year. ...
NEW DELHI, June 24 (Reuters) - India has deferred a ministerial meeting to decide on raising diesel and cookingfuel prices to 1330 GMT as the government is working on its options, Oil Minister Jaipal Reddy said on Friday. ...
West Bengal Chief Minister Mamata Banerjee, an ally of the ruling UPA, said that the Trinamool Congress is totally against the price hike. "The Government needs to think on the fuel price hike," Mamata Banerjee said. Communist Party of India (CPI) ...
Wall Street Journal - Rakesh Sharma - Jun 23, 2011
NEW DELHI – A panel of Indian ministers will meet Friday to discuss fuel prices, a senior official in the oil ministry said Thursday. The official, who didn't wish to be named, declined to elaborate. The federal oil ministry is seeking ...
Car manufacturers in India suffer yet another blow as the Indian Government sanctioned a yet another increase in fuel prices earlier yesterday. The new prices will be exclusive of VAT and will be applicable from today itself. Apart from diesel and LPG, ...
Wall Street Journal - Rakesh Sharma - Jun 23, 2011
A ministerial panel on fuel prices is expected to meet in the second week of July to consider a hike in fuel prices, the official said. India's state-run fuel retailers--Indian Oil Corp., Bharat Petroleum Corp. and Hindustan Petroleum Corp. ...
With inflation above nine percent and domestic fuel costs up nearly 13 percent on the year, raising prices would immediately hit the UPA coalition's core voters among India's poor, who live on less than the cost of 2 litres of diesel a day. ...
India had been expected to take advantage of a plunge in global crude prices to raise fuel prices on Friday after months of delaying a politically unpopular decision that will add to inflation but ease a rising subsidy burden. (Reporting by Nidhi Verma ...
The price of petrol was also recently hiked." Describing the hike in diesel and LPG prices as an "inhuman step", BJP spokesperson Nirmala Sitharaman said "the increase will also affect India's growth story" the party would hold protest demonstrations ...
India last raised prices of diesel, kerosene and cooking gas on June 26 last year. High food prices and provincial elections prevented Prime Minister Manmohan Singh's government from boosting prices of the fuel that is used to run everything from ...
NEW DELHI, June 24 (Reuters) - India is expected to take advantage of a plunge in global crude prices to raisefuel prices on Friday after months of delaying a politically unpopular decision that will add to inflation but ease a ...
Photo: Vivek Bendre Various political parties, including the BJP and Left parties, have slammed the ruling government for the fuel price hike. Political parties, including the Left and BJP, today came down heavily on the government for striking ...
Mr. Reddy said only a detailed analysis of the scenario developing from spike in rates of international crude oil, on which India depends on to meet more than three quarters of its energy needs, has been submitted to the Empowered Group of Ministers ...
The BJP staged its protest at Jantar Mantar against the government's hike on fuel prices . The government Friday hiked the price of diesel by Rs.3 per litre, kerosene by Rs.2 a litre, and LPG by Rs.50 per cylinder.
NEW DELHI: Despite one of the steepest hike in fuel prices , state-run oil firms will still end the fiscal will a whooping Rs 121700 crore revenue loss on selling diesel, domestic LPG and kerosene at government rates. "After taking into account the ...
PTI | 05:06 PM,Jun 25,2011 Bhopal, Jun 25 (PTI) Madhya Pradesh unit of CPI(M) today criticised the UPA Government for increasing the prices of diesel, kerosene and cooking gas, saying the move has dealt a cruel blow to the common people.The fuel rate ...
PTI Bihar Chief Minister, Nitish Kumar on Saturday vehemently opposed the hike in prices of diesel, kerosene and LPG said it would further affect the common people. "I strongly oppose the hike in theprices of diesel, kerosene and LPG... it will ...
NEW DELHI: Accusing the government of kneeling down before market forces and corporate houses, CPI today slammed the hike in fuel prices and demanded its immediate roll back. "Government's explanation on hiking pricesin as insult to the people. ...
PTI Slamming the government for the fuel price hike, the Left parties demanded its immediate rollback and asked their units to organise protest actions all over the country. Attacking the government for "striking another blow" to the 'aam admi', ...
Reacting on the hike of prices of diesel, cooking gas and kerosene, Petroleum and Natural Gas Minister S. Jaipal Reddy, on Friday said that the hike is not a big increase and should not burden the consumers. Government raised the price of diesel by 3 ...
"The price rise was halted for the assembly elections in five states. Now that the elections are over they have raised the prices. We condemn this," Communist Party of India-Marxist (CPI-M) state secretariat member Rabin Deb said. On Friday June 24, ...
Meanwhile, shares of IOC, ONGC, HPCL, BPCL, Gail India and Oil India gained in a rising market on hope that the Centre will finally take the bold step of aligning the local fuel prices with the international market. The Government has not revised the ...
Government has came under severe attack from the 'Aam Aadmi' and opposition parties after announcing hike in diesel, kerosene and LPG prices. Nationwide protests have been organized by BJP and other opposition parties against the recent price hike.
High diesel rates directly impact prices of food and essentials as cost of ferrying products goes up. India'swholesale prices-based inflation in May was 9.06% - the highest among major Asian economies. The government abolished the 5% customs duty on ...
But Kirit Parekh, who chaired the committee on India's integrated energy policy, said higher prices would encourage a more rational use of diesel, making the impact of the move less inflationary in the medium term. Also, freezing fuel rates and ...
Diesel is the most widely-used transport fuel in India and powers tractors and irrigation pumps for farmers in one of the world's biggest producers and consumers of grains and sugar. "The inflationary implications of the diesel pricehike are ...
"There will be no need for us to enhance petrol price and the difference (Rs 1.98 per litre) between existing and desired prices will be wiped out with this change in duty," he said. Even after this round of price increases, the price of LPG in India...
Describing the hike in diesel and LPG prices by the Government as an "inhuman step", BJP spokesperson Nirmala Sitharaman said, "The increase will also affect India's growth story." The BJP also dared the UPA allies opposing this price hike to come ...
ET Now: But how do you believe the government will actually do the tightrope walk between managing the fuel prices, which of course like you mentioned need to be addressed and also handling inflation? RS Sharma: Yes. What I said, it is easier said than ...
File photo: Bijoy Ghosh Tamil Nadu Chief Minister Jayalalithaa on Friday strongly condemned the hike in the prices of diesel, kerosene and cooking gas, and demanded that the Centre roll it back immediately. While the petrol price hike affected ...
It has also increased the rates of kerosene by Rs 2 a litre and LPG by Rs 50 per cylinder. (Read more here ) This move will bring down OMCs' under-recoveries to the extent of Rs 21000 crore. Currently, prices of fuel are below market rates thus OMCs ...
India has deferred a ministerial meeting to decide raising diesel and cooking fuel prices to 1330 GMT as the government is working out more options, Oil Minister Jaipal Reddy said on Friday. "We are working on more options. The final decision will be ...
Under Sri Manmohan Singh's Tenure As Prime Minister And Smt Sonia Gandhi As Congress Party President And Chief Convenor Of UPA They Are Pushing The Indian People To Untold Hardship By Not Controlling Inflation And Increasing Prices Of Fuel And Gas ...
NEW DELHI: Calling today's hike in the prices of petroleum products as "modest", Finance Minister Pranab Mukherjee expressed hope that state governments would reduce their taxes to provide relief to consumers. The government increased diesel price by ...
Describing the hike in diesel and LPG prices by the Government as an "inhuman step", BJP spokesperson Nirmala Sitharaman said, "The increase will also affect India's growth story." "The step to increase the LPG and dieselprices is an inhuman step, ...
The increase will also affect India's growth story." "In the last one year, the government has increased petroleumprices ten times. While the common man is bearing the brunt of price rise, the government has now added fuel to fire. ...
By Staff Reporter | Published: June 25 2011 Fuel and gas prices rise yet again. Ministers describe the rise in theprices as modest and minimal. Bus fares to mount because of the fuel price hike. Fuel prices rise yet again. The government on Friday ...
Petroleum ministry officials said there was no way to avoid the fuel price hike as the public sector oil companies were making huge losses due to skyrocketing international crude prices - they are hovering at around $110 (Rs 4944.50) a barrel. ...
Mumbai, June 25 (IANS) Demanding that the price hike in diesel, cooking gas and kerosene be rolled back, the Bharatiya Janata Party (BJP) Saturday held demonstrations at several places across Maharashtra, including this capital city. ...
In addition, the government withdrew the 5% customs duty on crude oil and reduced import duty on products such as petrol and diesel, bringing it to 2.5%. It also reduced excise duty on diesel from Rs4.60 per litre to Rs2. The increase in fuel prices...
NEW DELHI (Reuters) - India has deferred a ministerial meeting to decide on raising diesel and cooking fuel pricesto 7 pm as the government is working on its options, Oil Minister Jaipal Reddy said on Friday. The meeting was to have started around ...
PTI The Hindu Activists burn an effigy of the UPA govt in New Delhi, in protest against the hike infuel prices. Photo: Rajeev Bhatt All state governments are being asked to reduce their taxes according to their financial capacity, Congress general ...
(File photo) Tamil Nadu CM J Jayalalithaa - PTI Chief minister J. Jayalalithaa has termed the fuel price hike as 'unacceptable' and demanded its immediate rollback. "The price of LPG, which is used by all people, has been increased by Rs 50 a cylinder. ...
The current hike comes just a day after the government announced that India's food inflation had soared to a nearly 10-week high of 9.13 percent for the week ended June 11. The price hike would lead to an increase in inflation by around 50 basis points ...
The EGoM has not met since June last year even though crude oil prices have spiralled upward by over 50 per cent. The basket of crude that India buys was worth around USD 70-72 per barrel in June last year, but the same averages USD 111.54 a barrel in ...
The hike in the fuel prices would raise the revenues of state-run oil marketing companies by Rs21,000 crore and reduce the government's subsidy bill to that extent, Reddy said. OMCs, which buy crude oil at market rates and sell diesel, kerosene and ...
Karnataka Petrol Bunk Association President Ravindranath said the increased was expected as during the increase in the price of petrol, price of diesel was not hiked. He added that the new hike will be a burden on the citizens as transportation charges ...
Later today, the empowered group of ministers will meet to discuss about the under recoveries of oil marketing companies in India even as crude oil prices continue to remain high. The nation is waiting with bated breath of any possible fuel price hike, ...
NEW DELHI: Spiralling food inflation and rising interest rates have already been piling on misery for the common man. An evening out has been turning increasingly a costly affair. Petrol prices have been galloping. So, many were eyeing the diesel cars ...
Dwivedi, however, said that the hike in fuel prices did not take place only during Congress'' rule. "You will be surprised to know how many times, the price of oil was increased during NDA''s period," he said.Dwivedi noted that 84 percent of the ...
New Delhi, Jun 25: Political leaders across party lines on Saturday June 25 expressed their anger and disappointment over the hike in fuel prices which came into effect from Friday June 24. The oppostion BJP and the Left parties staged protests in ...
MUMBAI: The economic capital of the country suffered a collective shock on Friday evening as the government announced another major increase in fuel prices. No section of society was spared the burden as diesel rates were increased by Rs 3 to Rs 47.25 ...
The government is now seen to be delaying a decision on increasing diesel and other fuel prices for months even in the face of mounting subsidy burden. But persistently high inflation may be said to be among the lesser woes of the government, ...
Irrespective of whether there is a fuel price hike or not they are going to hike repo rates by 25 bps in the July meeting. Q: Will it not change much with the price hike? A: No, I expect after one hike RBI will be done for some time at least and even ...
New Delhi: The common man has been dealt a severe blow by the government which on Friday announced an increase in fuel prices other than petrol. While the Rs 50 hike in the prices of cooking gas (LPG cylinders) will hit the common man directly, ...
Shares of public sector oil marketing companies (OMCs) have advanced, spurred by a fall in crude oil prices and on reports that the EGoM on fuel prices will meet on Friday mull hike in diesel and LPG prices. The high-powered panel, headed by Finance ...
Rates will vary across India due to differential rates of VAT/sales tax. Separately, the EGoM decided to scrap the 5% customs duty on crude oil, and cut the same on diesel and petrol by 2.5% from 7.5%. Excise duty on diesel was lowered from Rs 4.60 per ...
And it would not risk at this stage raising these prices and creating a huge outcry from people and from vocal groups. ET Now: Apart from central taxes, fuel prices currently also attract state taxes and especially octroi. ...
A price hike, however, unpalatable to the political class, is imminent as there is a huge gap between retail fuel prices and that of crude oil. Indian refining companies have to import 80% of the crude oil and a hiked raw material cost brings down ...
She remarked that the victims of this price hike will be housewives, farmers and poor people of India. "The victims are housewives, farmers and poorest of the poor," she posted. The Union government agreed to the price hike for diesel, LPG and kerosene ...
Raising anti-Centre slogans, workers of CPM 's youth wing DYFI blocked a passenger train at Kannur as part of their state-wide protest against the fuel price hike . In Kerala, private bus operators co-ordination committee announced that all the ...
International oil prices are about 39% higher over the same period. With inflation above 9% and the domestic fuel price index up nearly 13% on the year, a fractious coalition government is wary of alienating its core voter base among India's 500 ...
Any fuel price increase is a difficult decision that too at a time when inflation is hovering around an uncomfortable level of 9 per cent. Apart from increasing the prices of petroleum products, a petroleum ministry official said on Thursday the ...
A high powered ministerial panel is likely to meet on Friday to consider a hike in diesel and domestic LPG prices, as well as a cut in duty rates to combat the high cost of crude oil. The empowered group of ministers, headed by Finance Minister Pranab ...
The decision on the fuel prices will be out in a few hours from now, if we go by the Friday's developments. Hectic parleys have been on between the petroleum and finance ministries from the morning with the two ministers Jaipal Reddy and Pranab ...
PTI Chennai: Tamil Nadu Chief Minister Jayalalithaa described as "unacceptable" on Friday's fuel price hike and demanded its immediate rollback. "The price of LPG, which is being used by all strata of people has been increased by Rs 50. ...
The Empowered Group of Ministers on fuel prices has raised the price of diesel by Rs.3 a litre, cooking gas by Rs.50 a cylinder and kerosene by Rs.2 a litre. The hike works out to 7.9 percent for diesel, 14.4 percent for LPG and the highest - 22 ...
Scores of workers of the Communist Party of India (Marxist-Leninist) also staged a separate protest against thefuel hike. Prabhat Kumar of the CPI(ML) said: 'Once again fuel prices have been hiked - diesel by Rs.3 and LPG cylinders by Rs.50. ...
A panel of ministers may meet next month to look at raising prices of subsidised fuels, an oil ministry source said on Thursday. Last June, the government allowed state-run oil firms to fix the price of petrol but continued to control the prices of ...
Mr Reddy had on June 14 met Prime Minister Manmohan Singh to push for an early decision on fuel price revision in view of mounting losses of state oil firms. The EGoM headed by Finance Minister Pranab Mukherjee has not met since June last year even ...
PRICE RISES COULD ADD TO INFLATIONARY PRESSURES With inflation above 9 percent and the domestic fuel price index up nearly 13 percent on the year, a fractious coalition government is wary of alienating its core voter base among India's 500 million poor ...
The oil ministry has submitted a proposal to the Empowered Group of Minister (EGoM) for fuel price hike. The ministry has proposed that customs duty on crude oil be scrapped along with the excise duty on diesel. The ministry has sought a Rs 4 hike on ...
They will now be forced to cut imports leading to shortage of fuel, two government officials with direct knowledge of the matter said. The empowered group of ministers, which is authorised to raise fuel prices, is expected to meet early next month to ...
He said only a detailed analysis of the scenario developing from a spike in rates of international crude oil, on which India depends on to meet more than three quarters of its energy needs, has been submitted to the EGoM. "My ministry has given no ...
With inflation above 9 percent and the domestic fuel price index up nearly 13 percent on the year, a fractious coalition government is wary of alienating its core voter base among India's 500 million poor, who live on less than the cost of 2 litres of ...
The government is regularly increasing petrol and diesel prices and putting the common in a fix, she said, while urging the government to withdraw the hike or face protest from the opposition. The government however tried to soften the blow by slashing ...
"The Government needs to think on the fuel price hike. Trinamool Congress is totally against it," said Trinamool Congress leader Mamata Banerjee. The Government, however, says with the crude oil at over $91 per barrel, oil companies have been bleeding. ...
Finance Minister Pranab Mukherjee has hurriedly called an EGoM, just before leaving for Washington to decide on afuel price hike, also a duty rejig seems to be on the cards, reports Aakansha Sethi of CNBC-TV18. According to government and the finance ...
The basket of crude that India buys was worth around $ 70-72 per barrel in June last year, but the same averages $ 111.54 a barrel in June this year. The official said IOC, BPCL and HPCL at present lose about Rs. 490 crore per day on fuel sales. ...
However, despite the fuel price hike and duty cuts, the oil marketing companies are still expected to lose `1,20000 crore in the current fiscal. The decision comes more than a month after petrol price were raised by `5 a litre. ...
The ministry of petroleum and natural gas has submitted a proposal to the empowered group of ministers (EGoM) for a hike in fuel prices. The ministry has sought the scrapping of customs duty on crude oil along with the excise duty on diesel. ...
Tamil Nadu CM Jayalalithaa described as "unacceptable" the fuel price hike and demanded its immediate rollback. "The price of LPG, which is being used by all strata of people has been increased by `50. People cannot tolerate this," she said. ...
"Diesel prices should be freed and the leftover subsidy must be freezed on per-litre basis to adjust the fuel cost in tandem with international prices," he adds. Below is the verbatim transcript of his interview with Udayan Mukherjee....
The BJP plans protest at all district headquarters against the fuel price hike Saturday. Communist Party of India(CPI) leader AB Bardhan said that the decision to raise price will affect the common man in the country. "This is one of the greatest ...
Friday's hike in diesel and LPG rates, the first in almost a year, comes on back of last month's steep Rs 5 per litre increase in petrol price to Rs 63.37 per litre in Delhi. The same EGoM had a year ago freed petrol price from government control and ...
The BJP along with other opposition parties launched a nationwide protest at Jantar Mantar, New Delhi today against the government's move to hike the fuel prices. The government, earlier today, approved a price hike for diesel, LPG and kerosene. ...
Biting the bullet on the politically sensitive issue of fuel prices, the Centre on Friday effected increases of Rs 3/litre in diesel and Rs 2/litre in kerosene, while making LPG cylinders dearer by Rs 50. Simultaneously, it eliminated the existing 5 ...
NEW DELHI: Over a month after petrol prices were hiked, the government on Friday raised the price of diesel by Rs 3 a litre, cooking gas by Rs 50 a cylinder and kerosene by Rs 2 a litre. Petroleum Minister S. Jaipal Reddy described it as "a minimal ...
Tamilnadu Chief Minister J Jayalalithaa on Friday described as 'unacceptable' the fuel price hike and demanded its immediate rollback. Tamilnadu Chief Minister J Jayalalithaa on Friday described as 'unacceptable' the fuel pricehike and demanded its ...
Mamata Banerjee and her Trinamool Congress -a senior partner in the UPA coalition - have said they don't support the fuel price hike. "They have raised price of petrol several times. Not once, many times in one year. Diesel is also needed for farming. ...
New Delhi, Jun 25 (PTI) Political parties, including the Left and BJP, today came down heavily on the government for striking "another blow" on the common man by hiking the fuel price and staged demonstrations in many parts of the country demanding its ...
"The hike in prices of fuel and cooking gas is unjustified," he added. "We demand an immediate rollback of this hike," Malhotra said. Petroleum Minister S. Jaipal Reddy Friday announced that the price of diesel will be increased by Rs.3 per litre, ...
In a statement here, CPI-M state secretariat said the present hike in the prices of diesel, LPG and kerosene came close on the heels of last month''s petrol price hike by Rs 5. The hike in kerosene and diesel would largely affect the common people. ...
A panel of ministers will meet on Friday to discuss raising prices of subsidised fuels, an oil ministry source and another government source said on Thursday. Last June, the government allowed state-run oil firms to fix the priceof petrol but ...
The Empowered Group of Ministers on fuel headed by Finance Minister Pranab Mukherjee has decided to up dieselprices by Rs 3 per litre, confirmed oil minister Jaipal Reddy. While addressing the press post the EGoM meet, he said kerosene prices have ...
Last month, the price of petrol had seen a hike of Rs 5. Friday's price hike will see a corresponding impact on the commodities making them more expensive, said experts. Other effects Besides a hike in prices of commodities, it will lead to a hike in ...
Last June, the government allowed state-run oil firms to fix the price of petrol but continued to control the prices of diesel, kerosene and cooking gas to protect the poor and try to tame stubbornly high inflation. "Oil ministry is seeking duty ...
The EGoM is taking place for the first time since June last year. According to official estimates, the public sector oil companies are currently losing 490 crore rupees per day on sale of petrol and diesel, kerosene and LPG cylinder at current prices. ...
PTI New Delhi, June 23: A high powered ministerial panel is likely to meet tomorrow to consider a hike in diesel and domestic LPG prices, as well as a cut in duty rates to combat the high cost of crude oil. The Empowered Group of Ministers (EGoM), ...
CHENNAI: Strongly condemÂning the hike in the prices of diesel, LPG and kerosene, Chief Minister J Jayalalithaa on Friday demanded a roll back, as it would affect all sections of society, which are already battling price rise. ...
Coming exactly a year after the last price increase in diesel and LPG and the largest hike of Rs 5 per litre in petrollast month, Reddy claimed that today's was a "very modest increase", which could not be "grudged by anybody". ...
PUNE: The Rs 50 increase in prices of domestic LPG came as a shock for the people in the city. Housewives said that the steep raise will have a significant impact on the yearly family budget. Moreover, with the diesel price hike of Rs 3 per litre, ...
The government ruled out any increase in petrol prices. "The hike in the prices of three commodities will lead to a revenue gain of Rs. 21000 crore to the oil marketing companies (OMCs), which are suffering huge under-recoveries that are being ...
NEW DELHI, June 24 (Reuters) - India raised diesel prices about 9 percent on Friday after months of delay, a politically unpopular move that will add to inflationary pressure but also eases the government's subsidy ...
Rates will vary at cities due to differential rates of VAT/sales tax. Besides the price hike, the EGoM decided to abolish the 5 per cent customs or import duty on crude oil, and slashed the same on diesel and petrol by 2.5 per cent from 7.5 per cent. ...
NEW DELHI: The government raised diesel prices by Rs 3 per litre, or 7.8 percent, and abolished the crude import duty, Oil Minister S. Jaipal Reddy announced on Friday after a ministerial panel agreed to the changes. He said cooking gas prices would be ...
NEW DELHI: The ministerial panel to consider a fuel price hike began its meeting here on Friday evening. The empowered group of ministers (eGoM), headed by Finance Minister Pranab Mukherjee , was to have met in the afternoon, but the meeting was ...
Doesn't it seem like not so very long ago when we paid Rs. 40/liter for petrol and Rs. 25/liter for diesel? Well here's another reality check for us inflation ridden Indians. The verdict of the diesel, kerosene and LPG price hike meeting is out and it ...
New Delhi, Jun 25 : Janata Dal (United) today demanded Prime Minister Manmohan Singh to rollback the hike in diesel, LPG and Kerosene prices or resign from his post. "The Prime Minister should rollback the hike in prices of diesel, LPG and kerosene. ...
Press Information Bureau (press release) - 9 hours ago
These price revisions will reduce the under-recoveries of OMCs to the extent of approximately Rs.21000 crore. As the Government of India has entirely eliminated the customs duty on crude oil, reduced the customs duty on products to the corresponding ...
The government on Friday hiked the prices of LPG by Rs 50 per cylinder, diesel by Rs 3 a litre and kerosene by Rs 2 a litre, a hike that was opposed immediately by the Opposition and ruling allies like Ms Mamata Banerjee of the Trinamul Congress. ...
The government tonight increased the prices of diesel by Rs 3 per litre, kerosene by Rs 2 a litre, and a 14.2-kg domestic LPG by Rs 50 per cylinder to offset the losses incurred by the Oil Marketing Companies (OMCs) on selling the fuels at the ...
Moneylife Personal Finance site and magazine - 21 hours ago
Petrol prices that were increased by Rs5 a litre about a month back, were left unchanged today, reports PTI. Mr Reddy told a news conference that the price of diesel would be raised by Rs3 a litre, the price of kerosene supplied through the public ...
All said, the diesel car owner and commercial vehicle operator will still face the effect of the 3 Rupee hike on diesel even as the price of diesel remains around 17 rupees cheaper than petrol.
BPCL was up 1.84 per cent, HPCL moved 2.77 per cent higher, Indian Oil Corporation moved 2.56 per cent up. The EGoM is likely to meet in July second week to discuss the fuel price hike. It may mull hike in diesel and cooking gas price. ...
The government has hiked diesel prices by Rs. 3 and LPG prices by Rs. 50. The government has also raised PDS kerosene prices Rs. 2/litre. The decision to raise prices was taken in the meeting of a high-power panel of ministers headed by Finance ...
THE HIMALAYAN TALK: PALASH BISWAS ON NEPALI SENTIMENT, GORKHALAND, KUMAON AND GARHWAL ETC.and BAMCEF UNIFICATION!
Published on Mar 19, 2013
The Himalayan Voice
Cambridge, Massachusetts
United States of America
BAMCEF UNIFICATION CONFERENCE 7
Published on 10 Mar 2013
ALL INDIA BAMCEF UNIFICATION CONFERENCE HELD AT Dr.B. R. AMBEDKAR BHAVAN,DADAR,MUMBAI ON 2ND AND 3RD MARCH 2013. Mr.PALASH BISWAS (JOURNALIST -KOLKATA) DELIVERING HER SPEECH.
http://www.youtube.com/watch?v=oLL-n6MrcoM
http://youtu.be/oLL-n6MrcoM
Mr. PALASH BISWAS DELIVERING SPEECH AT BAMCEF PROGRAM AT NAGPUR ON 17 & 18 SEPTEMBER 2003
Sub:- CITIZENSHIP AMENDMENT ACT 2003
http://youtu.be/zGDfsLzxTXo
THE HIMALAYAN TALK: PALASH BISWAS BLASTS INDIANS THAT CLAIM BUDDHA WAS BORN IN INDIA
THE HIMALAYAN TALK: INDIAN GOVERNMENT FOOD SECURITY PROGRAM RISKIER
http://youtu.be/NrcmNEjaN8c
The government of India has announced food security program ahead of elections in 2014. We discussed the issue with Palash Biswas in Kolkata today.
http://youtu.be/NrcmNEjaN8c
Ahead of Elections, India's Cabinet Approves Food Security Program
______________________________________________________
By JIM YARDLEY
http://india.blogs.nytimes.com/2013/07/04/indias-cabinet-passes-food-security-law/
THE HIMALAYAN TALK: PALASH BISWAS TALKS AGAINST CASTEIST HEGEMONY IN SOUTH ASIA
THE HIMALAYAN VOICE: PALASH BISWAS DISCUSSES RAM MANDIR
Published on 10 Apr 2013
Palash Biswas spoke to us from Kolkota and shared his views on Visho Hindu Parashid's programme from tomorrow ( April 11, 2013) to build Ram Mandir in disputed Ayodhya.
http://www.youtube.com/watch?v=77cZuBunAGk
THE HIMALAYAN TALK: PALASH BISWAS LASHES OUT KATHMANDU INT'L 'MULVASI' CONFERENCE
अहिले भर्खर कोलकता भारतमा हामीले पलाश विश्वाससंग काठमाडौँमा आज भै रहेको अन्तर्राष्ट्रिय मूलवासी सम्मेलनको बारेमा कुराकानी गर्यौ । उहाले भन्नु भयो सो सम्मेलन 'नेपालको आदिवासी जनजातिहरुको आन्दोलनलाई कम्जोर बनाउने षडयन्त्र हो।'
http://youtu.be/j8GXlmSBbbk
THE HIMALAYAN DISASTER: TRANSNATIONAL DISASTER MANAGEMENT MECHANISM A MUST
We talked with Palash Biswas, an editor for Indian Express in Kolkata today also. He urged that there must a transnational disaster management mechanism to avert such scale disaster in the Himalayas.
http://youtu.be/7IzWUpRECJM
THE HIMALAYAN TALK: PALASH BISWAS CRITICAL OF BAMCEF LEADERSHIP
[Palash Biswas, one of the BAMCEF leaders and editors for Indian Express spoke to us from Kolkata today and criticized BAMCEF leadership in New Delhi, which according to him, is messing up with Nepalese indigenous peoples also.
He also flayed MP Jay Narayan Prasad Nishad, who recently offered a Puja in his New Delhi home for Narendra Modi's victory in 2014.]
THE HIMALAYAN TALK: PALASH BISWAS CRITICIZES GOVT FOR WORLD`S BIGGEST BLACK OUT
THE HIMALAYAN TALK: PALASH BISWAS CRITICIZES GOVT FOR WORLD`S BIGGEST BLACK OUT
THE HIMALAYAN TALK: PALSH BISWAS FLAYS SOUTH ASIAN GOVERNM
Palash Biswas, lashed out those 1% people in the government in New Delhi for failure of delivery and creating hosts of problems everywhere in South Asia.
http://youtu.be/lD2_V7CB2Is
THE HIMALAYAN TALK: PALASH BISWAS LASHES OUT KATHMANDU INT'L 'MULVASI' CONFERENCE
अहिले भर्खर कोलकता भारतमा हामीले पलाश विश्वाससंग काठमाडौँमा आज भै रहेको अन्तर्राष्ट्रिय मूलवासी सम्मेलनको बारेमा कुराकानी गर्यौ । उहाले भन्नु भयो सो सम्मेलन 'नेपालको आदिवासी जनजातिहरुको आन्दोलनलाई कम्जोर बनाउने षडयन्त्र हो।'
http://youtu.be/j8GXlmSBbbk
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