Sushil and Aware strike gold, Babita settles for silver

New Delhi, Jun 14: Petrol price on Sunday was hiked by a record 62 paise per litre and that of diesel by 64 paise as oil companies for the eighth day in a row adjusted retail rates in line with cost since ending an 82-day hiatus in rate revision.

Petrol price in Delhi was hiked to Rs 75.78 per litre from Rs 75.16 while diesel rates were increased to Rs 74.03 a litre from Rs 73.39, according to a price notification of state oil marketing companies.

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

The 62 paise a litre increase in petrol and 64 paise hike in diesel price is the highest surge in rates since the daily price revision was started in June 2017.

This is the eighth daily increase in rates in a row since oil companies on June 7 restarted revising prices in line with costs, after ending an 82-day hiatus.

In eight hikes, petrol price has gone up by Rs 4.52 per litre and diesel by Rs 4.64 -- a record increase in rates in any eight days since the daily price revision was introduced.

The freeze in rates was imposed in mid-March soon after the government hiked excise duty on petrol and diesel to shore up additional finances.

Oil PSUs Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL), instead of passing on the excise duty hikes to customers, adjusted them against the fall in the retail rates that was warranted because of international oil prices falling to two-decade lows.

The government had first raised excise duty on petrol and diesel by Rs 3 per litre each on March 14 and then again on May 5 by a record Rs 10 per litre in case of petrol and Rs 13 on diesel. The two hikes gave the government Rs 2 lakh crore in additional tax revenues.

State-owned fuel retailers IOC, BPCL and HPCL had frozen petrol and diesel prices since March 16, as if anticipating the government move and set off gains they accrued from continuing drop in international oil prices against the excise duty hike.

They, however, promptly passed the increase in local sales tax or VAT by state governments such as Rs 1.67 increase in VAT on petrol and Rs 7.10 in diesel by the Delhi government on May 4.

The total incidence of excise duty on petrol has risen to Rs 32.98 per litre and that on diesel to Rs 31.83. The excise tax on petrol was Rs 9.48 per litre when the Narendra Modi government took office in 2014 and that on diesel was Rs 3.56 a litre.

The government had between November 2014 and January 2016 raised excise duty on petrol and diesel on nine occasions to take away gains arising from plummeting global oil prices.

In all, duty on petrol rate was hiked by Rs 11.77 per litre and that on diesel by 13.47 a litre in those 15 months that helped government's excise mop up more than double to Rs 2,42,000 crore in 2016-17 from Rs 99,000 crore in 2014-15.

It cut excise duty by Rs 2 in October 2017 and by Rs 1.50 a year later. But it raised excise duty by Rs 2 per litre in July 2019.

It again raised excise duty on March 14 by Rs 3 per litre.

Derbyshire, Jul 22: Ahead of the upcoming Test series against England, Pakistan pacer Sohail Khan has credited bowling coach Waqar Younis for teaching him how to swing the ball late.

On the third day of the practice match between Azhar Ali's Team Green and Babar Azam's Team White, the 36-year-old Khan returned figures of five for 50 in 20.1 overs which saw the former fold for 181 in the first innings before they staged a comeback on the final day to win the match by six wickets.

Prior to the practice match, Sohail had a conversation with bowling coach Waqar Younis on the art of late swing. The pacer shared how the presence of the bowling legend in the support staff helped him gear up for the four-day match.

"The conditions in England are swing conducive so every fast bowler gets the ball to move. I asked Waqar bhai to teach me how to swing the ball late. It took him only two minutes to explain it to me. It is because of his tips that I took five wickets in the first innings," Khan said in a release issued by the Pakistan Cricket Board (PCB).

"I am eager to learn from Waqar Bhai. I follow him wherever he goes and speak to him about the art of bowling as he has an abundance of knowledge to share. A few days back I was struggling with something while bowling, I thought of reaching out to him and even before I spoke to him about it, he said he knew what I wanted to talk to him about and he explained it to me in a minute," he added.

During Pakistan's tour of England in 2016, Sohail played a crucial role in helping Pakistan secure a 2-2 Test series draw by returning two five-wicket hauls in as many matches.

In total, he picked up 13 wickets at 25 apiece and finished as the third-best wicket-taker.

"Definitely, it is an honour for me to return to the side. I had taken two fifers here against England in 2016 and now in the practice match, I have started off with five wickets so I am feeling very good. We had been at our homes for the past four months due to coronavirus so starting off on a high feels nice," Khan said.

Prior to Sohail's five wickets, 17-year-old Naseem Shah made a big impact when he took five wickets for Team Green. The strength of Pakistan's pace attack was further established as Mohammad Abbas and Shaheen Shah Afridi picked up three wickets each providing valuable support to Naseem and Sohail respectively.
Naseem and Shaheen finished the match with six and four wickets respectively.

Shedding light on the youngsters' performances, Sohail said: "It gives me immense pleasure to see Naseem Shah. He bowls consistently at 150kph. Just like him, Shaheen Shah Afridi is another good bowler. I like both of them."

"It gave me great happiness to see Naseem pick five wickets in the first innings. He is in rhythm and is looking great. What is astonishing is that he is playing in these conditions for the first time but still he is doing so well. Shaheen has also been phenomenal," he added.

Pakistan and England are slated to play three Tests and as many T20Is against each other. The first Test will be played at Manchester from August 5.