Tuesday, 17 May, 2022
TopicFuel prices

Topic: fuel prices

Covid review turns into political blame game as Modi ‘names & shames’ Oppn states for fuel taxes

PM Modi singled out Opposition-ruled states for doing ‘injustice’ to the people by not reducing fuel taxes. He also praised BJP-ruled states for following Centre’s recommendations.

A national consensus is needed on fuel taxes, not public finger-pointing

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How Vladimir Putin’s war ended India’s cheap natural gas dream

India’s domestic gas production is already tiny & it has shrunk by 40% over past nine years. Keeping that base narrow with unsustainable pricing wasn’t a financially prudent move.

More petrol, diesel excise duty cuts not expected as Modi govt sees crude prices stabilising

Officials say for fiscal calculations, govt assumes avg price of crude for 12 months, so no need for excise duty cut. Decision on Russia’s offer of crude supply in a few weeks.

Bad news for India’s economic recovery. Modi govt should cut fuel taxes after UP voting

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You think inflation is already high? Wait until petrol-diesel prices jump after elections

Consumers in India have enjoyed artificial respite from rising global prices since 4 November — crude has gone up by almost $14 a barrel — and oil companies need to make up for losses.

Best of Last Laughs 2021: From Covid & political rallies to farm laws’ repeal, and back again

The best cartoons of the year, chosen by the editors at ThePrint.

Cabinet approves ethanol price hike by up to Rs 1.47 per litre for blending in petrol

The Cabinet Committee on Economic Affairs raised the price of ethanol extracted from sugarcane juice to Rs 63.45 per litre from the current Rs 62.65 per litre.

Punjab govt reduces petrol price by Rs 10, diesel by Rs 5

While addressing the media, Punjab CM Charanjit Channi said the new rates will be effective from midnight.

Petrol, diesel prices hiked for fourth consecutive day

The price of petrol in Delhi rose to its highest-ever level of Rs 109.34 per litre and Rs 115.15 per litre in Mumbai, and crossed past the Rs 120 mark in parts of Madhya Pradesh.

On Camera

YourTurn

Congress leader Rahul Gandhi at the party's Nav Sankalp Chintan Shivir in Udaipur, on 15 May 2022 | Twitter/@ANI

Rahul Gandhi must clear his position on Congress leadership. Chintan Shivirs won’t help

If a 137-year-old party is still discussing its foundational ideas and core ideology, and can’t have everyone on board, the road ahead seems rocky.

Bad timing could hamper LIC IPO

Most early public enterprise IPOs have been trading 75% below their original price, small investors concerned.

Defence

Representational image of army personnel in Ladakh | ANI

India ‘doesn’t foresee’ border fighting with China, but ‘won’t back down’ if tensions reignite

Aim is to ensure not just disengagement of troops, but overall de-escalation. Govt in favour of solving tensions through talks as it wants peace with all neighbours including China.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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