Monday, 22 October, 2018

Petrol down by Rs 4.37/litre, Maharashtra to cut diesel rates: CM

The big news Centre reduces fuel prices by Rs 2.50 per litre and nine other top stories Fuel Prices: Center Finally Responds To Common Man’s Plight
Cristina Norman | 07 October, 2018, 12:28

This happened due to the Rs 1.56 relief on diesel prices announced by the state government on Friday.

"We are now working out a formula to bring down the diesel prices by at least Rs 4/litre". The price of crude oil, which makes up nearly 90% of oil imports, is a major factor behind the final price of petrol and diesel in the country.

In Delhi, where the fuel prices are the lowest among all metros and most state capitals, petrol was being sold at Rs 84 per litre and diesel at Rs 75.45 on Thursday morning.

"Respected Modi ji, the common man is very distressed over skyrocketing prices of petrol and diesel".

Finally, after an unhindered rally of fuel prices, the government has announced a tax-cut to compensate for the increase in crude prices.

This announcement came in after Union Finance Minister Arun Jaitley, announced marginal relief for citizens from runaway fuel prices with excise duty cut of Rs. 1.50 and another Re. Other BJP-ruled states are expected to follow suit. That's aimed at checking a rise in retail prices which hit new highs every day as the Brent crude surged 28 percent his year.

The price cut would be effective from midnight tonight. The governments of Maharashtra, Gujarat, Chhattisgarh, Jharkhand and Uttar Pradesh - all under the rule of the Bharatiya Janata Party - have already said they will do so. The government has upped its ante and steps has been taken to cut down on the borrowing by Rs 70,000 crore and it has allowed OMCs to raise $10 billion.

Tripura government has also slashed the prices of fuel. So, a total of Rs.2.50 will be reduced on both diesel and petrol.

"With this people will get the relief to the tune of Rs 5 per litre", he said. Petrol prices in Bengaluru were at Rs 82.32, whereas rates for diesel were at Rs 73.61. Why the state government is not reducing its Value-Added Tax? But the hike in duties had helped the government more than double its excise collections from petro goods from Rs 99,184 crore in 2014-15 to Rs 229,019 crore in 2017-18. Any further revenue loss, however, could widen the fiscal deficit.

Recommended

Justices Sotomayor, Kagan warn against "politicization" of the Supreme Court Justices Sotomayor, Kagan warn against Retired Supreme Court Justice John Paul Stevens spoke with a group of retirees in Boca Raton , Florida, on Thursday. Gore case that ordered Florida to end the ballot recount in the disputed presidential election between George W.

Romelu Lukaku reveals Jose Mourinho's reaction to Newcastle win Romelu Lukaku reveals Jose Mourinho's reaction to Newcastle win Scheduled to kick-off at 5:30pm, Mourinho and his staff were said to arrive before 12:00pm this afternoon. I still love it, but it is different.

Senate approves Kavanaugh nomination for final vote 51 to 49 Senate approves Kavanaugh nomination for final vote 51 to 49 The disruptions continued periodically throughout the roll call. "It's been a seminal event leading into the fall election". Joe Manchin was also confronted by protesters on October 5, 2018, who demanded he oppose Kavanaugh's nomination.

Elon Musk taunts SEC days after fraud settlement Elon Musk taunts SEC days after fraud settlement Securities and Exchange Commission to provide a joint statement by October 11, explaining why their settlement should be approved. But that doesn't mean Tesla's board can't order Musk to tone done his Twitter act in the best interests of the company.

Officer Guilty of Second-Degree Murder in Laquan McDonald Killing Officer Guilty of Second-Degree Murder in Laquan McDonald Killing Van Dyke was found guilty of second degree murder and 16 different counts of aggravated battery for each bullet. The Justice Department investigated multiple police departments and found patterns of racial discrimination.

Protesters Gather Outside Supreme Court to Oppose Kavanaugh Nomination Protesters Gather Outside Supreme Court to Oppose Kavanaugh Nomination All these comments reflect the senators' understanding of the FBI's important, but limited, role in a background investigation. Background checks are routine in a nominee's vetting process and are generally delivered to the Senate without much fanfare.

Alberta dairy farmers anxious about USMCA Alberta dairy farmers anxious  about USMCA Political deadlines are often fuzzy but Canada and the USA appear to be working towards some major compromises and a NAFTA deal. The news delighted financial markets that had fretted for months about the potential economic damage if NAFTA blew up.

Landmark Kohli ton as India pummel West Indies Landmark Kohli ton as India pummel West Indies Rahul was gone for a golden duck when Caribbean pacer Shannon Gabriel trapped the Indian opener in front of the wickets. He was not facing one of the best attacks but he gave ample evidence of his brilliance on way to a memorable hundred.

Nokia 7.1 with 5.84-inch ‘PureDisplay’ HDR panel, Snapdragon 636 SoC launched Nokia 7.1 with 5.84-inch ‘PureDisplay’ HDR panel, Snapdragon 636 SoC launched The Nokia 7 .1 will be available from JB Hi-Fi (including SIM-only plans) and Harvey Norman from October 17 with an RRP of $499. The camera comes with features like True Life HDR, Bokeh mode, Pro Camera mode, Livestream functionality, and Bothie .

India vs West Indies India vs West Indies If Kohli gets 49 more, he'll become the first Indian batsman to score more than 1000 runs in three consecutive calendar years. He had a dream-come-true moment when he received his Test cap from none other than the Indian skipper, Kohli.

Chip Hack a Sign of Chinese Cyber Threats to US, Officials Say Chip Hack a Sign of Chinese Cyber Threats to US, Officials Say Amazon said in a statement that Bloomberg had made so many inaccurate claims, they're "hard to count". Beijing has previously denied allegations of orchestrating cyber attacks against Western companies.

Twitter reacts to Theresa May’s Dancing Queen moment Twitter reacts to Theresa May’s Dancing Queen moment She said: "Our mission as Conservatives must be to show them we can build an economy that does". While we here at Buzz find her dance moves hilarious some people don't quite agree with us.

Texas surf resort tested after 'brain-eating amoeba' death Texas surf resort tested after 'brain-eating amoeba' death Parsons Jr. told The Associated Press that the park is closed and is cooperating with the investigation into Stabile's death. N. fowleri infections are extremely rare: From 1962 to 2017, 143 cases were reported in the US , according to the CDC.

Police Questioned Brett Kavanaugh About Bar Fight While At Yale In 1985 Police Questioned Brett Kavanaugh About Bar Fight While At Yale In 1985 He was not arrested after being accused of throwing ice at someone "for some unknown reason", according to a police report. Here's something you might not expect to enter a conversation about Supreme Court nominee Brett Kavanaugh: The band UB40.

I told Saudi king he wouldn't last without USA support I told Saudi king he wouldn't last without USA  support Trump continued the pressure campaign at a campaign rally in MS on Tuesday, where he offered some details about the conversation. The average price for a gallon of regular gasoline in the U.S.is $2.88, up from $2.55 a year ago, according to AAA.