Since the ending of the three-week-long hiatus in rate revision last month, this is the 14th increase in petrol price and the 17th time that diesel rates have gone up.
Global oil prices are at a 3-year high with Brent trading at $78.64/barrel, pushing IOC, BPCL & HPCL to resume daily price revisions, ending the pause that came into effect earlier.
Petrol price was increased by 27 paise per litre and diesel by 28 paise a litre in the 18th hike in the last one month, taking fuel prices across the country to a historic high.
Hundreds of personnel stopped the students around 600 metres from JNU campus. The protests are against the recent fee hike, which the govt partially rolled back last week.
The Modi govt has not passed on the benefits of a steep fall in global oil prices to consumers; instead it raised the excise duty, leading to fuel price hikes.
The Indian voter is changing and doesn’t mind paying more for better services and goods. It is for the leaders to understand this welcome change and build a new politics around it.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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