Petrol prices reduced by Rs. 2.46 per litre from midnight

June 29, 2012

New Delhi, June 29: Oil companies have cut petrol prices by Rs. 2.46 per litre, starting midnight. The cut is based on global crude prices and the exchange rate of the rupee vs the dollar. The reduction in price varies from Rs. 2.46 per litre to Rs. 3.22 per litre, depending upon local taxes in different states.

Petrol now costs Rs. 67.78 a litre in Delhi and 73.35 per litre in Mumbai. In other metros, Kolkata will pay 72.24 per litre and Chennai will pay Rs. 72.27 per litre. Hyderabad and Bangalore saw the maximum reduction in petrol prices - Rs. 3.22 per litre.

On May 23, India saw its steepest ever price hike of Rs. 6.28 plus local taxes. This is the second reduction in petrol prices since that hike. On June 3, oil companies announced a reduction of Rs.1.68 per litre in petrol prices, excluding taxes. In Delhi, after including 20 per cent VAT, the reduction was Rs. 2 a litre.

But West Bengal Chief Minister Mamata Banerjee warned that prices will be increased once the President election will be over. Ms Banerjee, who has in the past attacked the government for allowing oil companies to raise petrol prices, said "The price of crude oil has decreased by Rs. 100. The price of petrol should have been cut by Rs. 10 to Rs. 30 per litre." The West Bengal Chief Minister is a member of the UPA but has been estranged from the coalition over its decision to field Pranab Mukherjee as its candidate for President of India. (Read more)

Even after today's reduction, there exists a scope for cutting rates by a further Rs. 1 per litre as current revision was done at average international oil rate in the first fortnight of June. Global oil prices have fallen by eight per cent since then.

State-owned oil firms have abandoned the practice of revising rates of petrol on the 1st and 16th of every month and from now on will do so on any date so as to deter petrol pump dealers building positions.

Petrol pumps at some places run dry as owners stop taking supplies from companies if a reduction in price is anticipated. Similarly, if an increase in rate is expected, pump dealers start hoarding supplies.

Indian Oil Corp, the nation's largest fuel retailer, said the three oil firms are projected to lose a record Rs. 151,000 crore in revenue on sale of diesel, domestic LPG and kerosene, whose rates have not been revised in past one year.

The existing and revised selling prices for metros are given below:

Petrol_Prices_to_be_cut_gfx_June28_new

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Agencies
July 24,2020

New Delhi, Jul 24: Telecom companies lost 82.3 lakh subscribers during the COVID-19 lockdown period of April, data released by the Telecom Regulatory Authority of India (TRAI) on Friday showed.

As per the reports received from 342 operators in April, TRAI said the number of broadband subscribers decreased from 68.7 crore at the end of March to 67.6 crore at the end of April with a monthly decline rate of 1.64 per cent.

Top five service providers constituted 98.98 per cent market share of total broadband subscribers with Reliance Jio Infocomm (38.9 crore), Bharti Airtel (14.4 crore), Vodafone Idea (11.1 crore), BSNL (2.1 crore) and Atria Convergence (16 lakh).

The number of overall telephone subscribers decreased from 117.7 crore at the end of March to 116.9 crore at the end of April, showing a monthly decline rate of 0.72 per cent.

The TRAI said total wireless subscribers (2G, 3G and 4G) decreased from 115.7 crore at the end of March to 115 crore at the end of April, thereby registering a monthly decline rate of 0.71 per cent.

Wireless subscription in urban areas decreased from 63.8 crore to 62.9 crore but increased in rural areas from 51.9 crore to 52 crore. Monthly growth rates of urban and rural wireless subscription were minus 1.42 per cent and 0.16 per cent respectively.

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News Network
February 29,2020

New Delhi, Feb 29: Former Union Minister M J Akbar told a Delhi court on Friday that journalist Priya Ramani had defamed him by calling him with adjectives such as 'media's biggest predator' in the wake of #MeToo movement in 2018 that harmed his reputation.

M J Akbar made the allegations before Additional Chief Metropolitan Magistrate Vishal Pahuja through his lawyer during the final hearing of a private criminal defamation complaint filed by him against Priya Ramani. Akbar resigned as Union minister on October 17, 2018.

Ramani in 2018 accused Akbar of sexual misconduct around 20 years ago when he was a journalist.

Senior advocate Geeta Luthra, appearing for Akbar, said that the allegations were intentional and malafide.

“When you call someone media's biggest predator, it is per se defamatory. Calling a person with such adjectives is on the face of it defamatory. In the eyes of the people, Akbar's reputation was harmed... The per se effect was lowering of my (Akbar) reputation in the eyes of the right thinking members of the society,” she told the court.

She said there was no due process in the allegations. “It has a cascading effect. Embarrassing questions were asked. I (Akbar) am a person of greatest integrity... There was no due process in the allegations. You cannot just make allegation and let that person suffer,” she added.

Luthra said that if there was any grievance, it had to be raised then and there before the appropriate authority.

“We need to realise the effect has what we say or what we do. It's not like she went to any authority or raised any grievance. Opportunity was there, rights were there but to attack so person behind their back on social media...knowing that his whole life will be adversely affected? It's not right,” she said.

M J Akbar has denied all the allegations of sexual harassment against the women who came forward during #MeToo campaign against him.

Akbar had earlier told the court that the allegations made in an article in the 'Vogue' and the subsequent tweets were defamatory on the face of it as the complainant had deposed them to be false and imaginary and that an “immediate damage” was caused to him due to the “false” allegations by Priya Ramani.

Ramani had earlier told the court that her “disclosure” of alleged sexual harassment by Akbar has come at “a great personal cost” and she had “nothing to gain” from it.

She had said her move would empower women to speak up and make them understand their rights at workplace.

Several women came up with accounts of the alleged sexual harassment by M J Akbar him while they were working as journalists under him.

He has termed the allegations “false, fabricated and deeply distressing” and said he was taking appropriate legal action against them.

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News Network
February 17,2020

New Delhi, Feb 17: Two alleged criminals were killed in an exchange of fire with the Special Cell of Delhi Police at Pul Pehlad Pur area in New Delhi on Monday morning, officials said.

The encounter took place around 5 am, they said.

Raja Qureshi and Ramesh Bahadur, who were injured during the encounter, were rushed to a nearby hospital, where they were declared brought dead by doctors, Deputy Commissioner of Police (Special Cell) P S Kushwah said.

According to police, the two men were involved in multiple cases of murder and robbery.

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