Sushma Swaraj to visit Qatar, Kuwait from Oct 28

Agencies
October 27, 2018

New Delhi, Oct 27: External Affairs Minister Sushma Swaraj will travel to Qatar and Kuwait from October 28 to 31 in pursuit of India's objective of enhanced engagement with the Gulf region.

She will have engagements in Qatar on October 28 and 29 and Kuwait on October 30 and 31, the Ministry of External Affairs said in a statement.

During her visit to Qatar, Swaraj will interact with her counterpart Sheikh Mohammed bin Abdulrahman Al Thani, who is also the Deputy Prime Minister. She will also call on Sheikh Tamim Bin Hamad Al-Thani, Emir of Qatar. During her visit, she will also interact with the Indian community in Doha, the MEA said.

India and Qatar share millennia old historic multi-dimensional, relations.

The bilateral visit of the Emir of Qatar in March 2015 and Prime Minister of Qatar to India in December 2016 and that of the visit of Prime Minister Narendra Modi to Qatar in June 2016 have further boosted traditionally cordial and close ties between the two countries, the MEA said.

Qatar hosts about seven lakh Indians who form the largest expatriate community there. Qatar is a reliable energy partner, supplying more than 50 per cent of India's natural gas imports, it said.

India's bilateral trade with Qatar in 2017-18 was USD 9.9 billion, the MEA said.

The next leg of the visit would be to Kuwait, where Swaraj will hold a bilateral meeting with her counterpart Sheikh Sabah Al Khalid Al Sabah, Deputy Prime Minister and Minister of Foreign Affairs of Kuwait.

She will also call on the Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and interact with the Indian community.

India and Kuwait have close and friendly bilateral relations. Kuwait is a reliable energy supplier to India and hosts about 10 lakh Indians forming the largest expatriate community. India's bilateral trade with Kuwait in 2017-18 was USD 8.5 billion, the MEA said.

This will be Swaraj's first visit as External Affairs Minister to both the countries.

The visit is in pursuit of India's objective of enhanced engagement with the Gulf region which is in India's extended neighbourhood.

It will provide an opportunity to hold in-depth discussions with the political leadership on a wide range of global, regional and bilateral issues and will advance India's growing engagement with these countries in particular and the region in general, the MEA added.

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News Network
May 27,2020

New Delhi, May 27: With 6,387 new coronavirus cases in the last 24 hours, India's count of COVID-19 rose to 1,51,767 on Wednesday, said the Union Ministry of Health and Family Welfare.

170 people have also died in the last 24 hours due to the infection.

Currently, there are 83,004 active cases while 64,425 COVID-19 positive patients have been cured/discharged and one has migrated. So far, a total of 4,337 deaths have taken place across the country.

Among all states, Maharashtra has the highest number of COVID-19 cases with 54,758. Tamil Nadu has 17,728 cases with Gujarat at 14,821 cases. The national capital has 14,465 reported cases of coronavirus.

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Agencies
June 21,2020

New Delhi, June 21: Diesel prices rise to record high after 60 paise hike in rates, petrol up 35 paise; rates up by Rs 8.88 and Rs 7.97 in 15 days.

Petrol price in Delhi was hiked to Rs 79.23 per litre from Rs 78.88, while diesel rates were increased to Rs 78.27 a litre from Rs 77.67, according to a price notification of state oil marketing companies. 

In Bengaluru, petrol will be costlier by 37 paise at Rs 81.81 per litre, while diesel will cost 57 paise more per litre at Rs 74.43.

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

The 15th daily increase in rates since oil companies on June 7 restarted revising prices in line with costs after ending an 82-day hiatus in rate revision, has taken diesel prices to a new high. The petrol price too is at a two-year high.

Over 63 per cent of the retail selling price of diesel is taxes. Out of the total tax incidence of Rs 49.43 per litre, Rs 31.83 is by way of central excise and Rs 17.60 is VAT. 

Petrol in Mumbai costs Rs 86.04 per litre and diesel is priced at Rs 76.69.

Prior to the current rally, the peak diesel rates had touched was on October 16, 2018 when prices had climbed to Rs 75.69 per litre in Delhi. The highest-ever petrol price was on October 4, 2018 when rates soared to Rs 84 a litre in Delhi.

When rates had peaked in October 2018, the government had cut excise duty on petrol and diesel by Rs 1.50 per litre each. State-owned oil companies were asked to absorb another Re 1 a litre to help cut retail rates by Rs 2.50 a litre.

Oil companies had quickly recouped the Re 1 and the government in July 2019 raised excise duty by Rs 2 a litre.

The government on March 14 hiked excise duty on petrol and diesel by Rs 3 per litre each 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.

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 a decline in international oil prices to two-decade lows.

International oil prices have since rebounded and oil firms are now adjusting retail rates in line with them.

In 15 days of hike, petrol price has gone up by Rs 7.97 per litre and diesel by Rs 8.88 a litre.

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News Network
January 8,2020

Dubai, Jan 8: Iranian state television said on Wednesday that at least 80 "American terrorists" were killed in attacks involving 15 missiles Tehran launched on US targets in Iraq, adding that none of the missiles were intercepted.

State TV, citing a senior Revolutionary Guards source, also said Iran had 100 other targets in the region in its sights if Washington took any retaliatory measures. It also said US helicopters and military equipment were "severely damaged".

Iran launched missile attacks on US-led forces in Iraq in the early hours of Wednesday in retaliation for the US drone strike on an Iranian commander whose killing has raised fears of a wider war in the Middle East.

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