Breaches RBI's comfort level in May on the back of costlier food items
His comments came on a day when retail inflation rose to 6.3 per cent in May, breaching the RBI's comfort level, on the back of costlier food items.
Fuel prices were raised yet again
The wholesale price-based inflation accelerated to a record high of 12.94 per cent in May, on rising prices of crude oil and manufactured goods
The price of petrol crossed the Rs 100-mark in Ladakh and stood at Rs 101.95 per litre on Monday
With petrol and diesel prices climbing to record high, Oil Minister Dharmendra Pradhan asked Cong governments to cut sales tax but did not say if BJP-ruled states would do the same.
Diesel price on Saturday breached the Rs 100 per litre mark in Rajasthan after yet another increase in fuel rates, which also led to Karnataka becoming the 7th state to record Rs 100 a litre petrol
Sri Ganganagar, a small city in northernmost part of Rajasthan, has become the first city in the country where retail prices of both auto fuels -- petrol and diesel -- have crossed the century mark
India was under one of the world's strictest lockdowns in May last year, which brought all mobility and economic activity to a grinding halt.
Congress leaders and party workers on Friday held symbolic protests at petrol pumps in several parts of the city, demanding a complete rollback of fuel price hike.
The common man continues to face the heat from rising fuel prices as oil marketing companies once again decided to pass on the rise in global oil rates to consumers on Friday
Congress Treasurer Pawan Bansal, General Secretaries KC Venugopal, Harish Rawat and Ajay Maken will lead the protests on Friday at various locations in the national capital against the fuel hike
The opposition party has decided to hit the streets after the fuel prices have crossed the hundred rupees mark in several states
The Congress will stage protests across Rajasthan on June 11 against fuel price hike and rising inflation, as part of a countrywide agitation call. State Congress president Govind Singh Dotasra told reporters here on Tuesday that due to wrong policies of the Centre, inflation has become uncontrollable in the country and the prices of all essential commodities, including petrol, diesel and cooking gas, are increasing at an unprecedented rate. He said party workers will stage protests in front of petrol pumps in all districts of the state as part of the call given by the All India Congress Committee. Dotasra said that the price of crude oil in the international market in April 2014 was USD 108 per barrel and the price of petrol in the country was Rs 71 per litre and diesel Rs 57 per litre. But in June 2021, despite the price of crude oil being USD 61 per barrel, the price of petrol is Rs 102.82 per litre and diesel Rs 95.96 per litre, he said. Dotasra said the rising inflation has h
The oil marketing companies (OMC) kept petrol and diesel prices unchanged on Tuesday across the four metro cities
Union Petroleum and Natural Gas Minister Dharmendra Pradhan on Monday blamed the recent surge in global crude oil prices for the fuel price hike in India.
Congress leader Rahul Gandhi said the waves of tax collection epidemic are continuously coming
Fuel price rise in the country continued on Monday with oil marketing companies (OMCs) increasing the the pump rate of both petrol and diesel for the second consecutive day
Petrol and diesel prices increased across the four metros on Sunday, with petrol price in the national capital crossing the Rs 95-per-litre mark.
This time, RBI's rate-setting body is not only talking about sustaining growth but also reviving it