Petrol to cost Rs 72.96 per litre in Bangalore

June 16, 2013

PetrolBangalore, Jun 16: A litre of petrol in Bangalore will now cost Rs 72.96, up from Rs 70.33, after  oil companies effected a Rs-2 increase in petrol prices from Saturday midnight.

This is the second hike in a fortnight. Oil companies had increased petrol prices by 75 paise on June 1 (excluding VAT).

The steep hike in prices have been announced after the rupee weakened sharply against the US dollar and the international oil prices spiked. The hike of Rs 2 per litre excludes local taxes or VAT, which varies from state to state. After the latest hike, petrol in Delhi will cost Rs 66.39 from Rs 63.99 earlier, while in Mumbai, it will sell at Rs 74.60.  In Kolkata, rates went up from Rs 71.29 to Rs 73.79 per litre.

In Chennai, prices were hiked by Rs 2.54 to Rs 69.39. In Bangalore, a litre of petrol will cost Rs 72.96, up from Rs 70.33.

The country’s largest fuel retailer Indian Oil Corporation said in a statement the combined impact of rupee depreciation and hardening of oil prices in the international market warranted the increase in the base price of petrol by Rs 2 per litre.

“Since the last price change, the slide in rupee (against the US dollar) has continued and the USD-INR exchange rate has deteriorated from Rs 55.32 to Rs 57.08 per USD,” IOC said.

Diesel prices were, however, left untouched as the OMCs have been following the government’s guidelines of increasing the prices by small quanta of 45-50 paise every month.  The next diesel price revision is due on June 30.

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Agencies
May 31,2020

New Delhi, May 31: Congress leader Kapil Sibal on Sunday questioned the Prime Minister on how much money has been given to labourers from the PM-CARES Fund.

"I would like to ask Prime Minister Modi, 'Can you tell us how much money did you give to labourers from your PM-CARES Fund?' I request him to answer this question. Many people died during this period, some died while walking, some died in the train, some died of hunger," Sibal said while addressing a virtual press conference.

The senior Congress leader further asked how much ex gratia did the Prime Minister give to the labourers who died in the corona crisis while negotiating the lockdown.

"I refer you to Section 12 of the Disaster Management Act. It says that ex gratia assistance on account of the loss of life and also assistance for the restoration of livelihood should be provided by the government. Did the government give ex gratia assistance to people who died in the crisis? The act also mentions special provisions for widows and orphans. The government should clarify how much assistance they gave to such people," he said.

Sibal said that the government should keep aside its agenda for the last six years and concentrate on making pro-poor policies.

"In the coming days, our economy is going to go into the negative territory as also confirmed by RBI. There are 45 crore labourers in our country. What will be their state? We have to look at our future. That is why we want to request the government that the agenda that they have run over the last six years should be kept aside and that government should care about the poor and draft policies for them," the Congress leader said.

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News Network
January 30,2020

Jan 30: BJP leader and West Bengal party head, Dilip Ghosh has yet again made a controversial statement. He said that one has to go to jail in order to gain respect or become a political leader.

"You will not be a leader if you don't go to jail, if Police don't take you, then you must go there yourself. If they don't give you any scope, you do something to go to jail, only then will people respect you. There is no place for soft people in politics," ANI quoted Ghosh as saying.

Earlier, Ghosh had triggered a controversy by saying that anti-CAA protestors in Assam and Uttar Pradesh were shot dead "like dogs", and similar punishment should be given to protestors in Bengal.

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Agencies
January 1,2020

New Delhi, Jan 1: On the New Year's eve, the railways announced fare hike across its network effective from January 1, 2020, according to an order issued on Tuesday.

While suburban fares remain unchanged, ordinary non-AC, non-suburban fares were increased by 1 paise per km of journey.

The railways also announced a two paise/km hike in fares of mail/express non-AC trains and four paise/km hike in the fares of AC classes.

The fare hike is also applicable to premium trains such as Shatabdi, Rajdhani and Duronto, according to the order.

In the Delhi-Kolkata Rajdhani, which covers a distance of 1,447 km, the hike at the rate of 4 paise per km will be around Rs 58.

According to the order, there will not be any change in the reservation fee and superfast charge and the hike in fares will not be applicable to tickets already booked.

The last such hike was announced in 2014-2015 when fares of all classes of trains were raised by 14.2 per cent and freight charges by 6.5 per cent. However, since then, the railways introduced the flexi-fare scheme which significantly raised fares on select trains and launched trains like Vande Bharat Express and Tejas Express which have relatively higher fares. Trains with dynamic pricing like Suvidha Express were also introduced.

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