Kaur on Saturday demanded the Centre and Congress-led government in Punjab should reduce fuel prices
Swiggy also planning fuel-related incentives for riders
Durables makers hike prices to offset input costs
On a separate note, Sitharaman says govt's intent is not to shut down PSUs but it wants pvt sector to infuse more capital and bring operational efficiency
Pradhan on Thursday said petroleum products in the country are getting costlier due to rising prices of crude by oil-producing nations
There is no proposal to reduce tax on petrol and diesel as revenue is needed to ensure betterment of health services and other development works, the UP government said
In Mumbai, petrol price stood at Rs 97.34 per litre--the same as yesterday. In Chennai, petrol rose by 0.07 paise to sell at Rs 92.97. Diesel was retailing at Rs 86.37 in the city
In Mumbai, petrol price stood at Rs 88.44 per litre--the same as yesterday. In Chennai, petrol remained unchanged to sell at Rs 92.90. Diesel was retailing at Rs 86.31 in the city
Here's a selection of Business Standard opinion pieces for the day
Fuel prices were hiked again after a two-day pause
The Opposition Samajwadi Party and Bahujan Samaj Party (BSP) in Uttar Pradesh on Tuesday attacked the BJP government over the rise in fuel prices
"It is totally wrong and unfair to trouble people, who are already facing problems because of the Covid-19 pandemic, unemployment and inflation"
Industry players say vehicle supply is already higher than needed, so when fleet owners prune sizes, single-owners who supply them their trucks will be hit hard
Most want centre to reverse Covid excise duty, states to prune VAT rate or replace ad valorem rate with flat tax structure
"What Congress leader Rahul Gandhi said was right that they (BJP) only think about two people," he added
This comes as the prices of petrol and diesel are increasing continuously for several days and in some states, the price of petrol has even crossed Rs 100 mark
In Chennai, petrol remained unchanged to sell at Rs 92.59. Diesel was retailing at Rs 85.98 in the city
It's foolish not to tax things the demand for which is inelastic. This was the reason why salt used to be taxed till Gandhiji opposed it and the salt tax was abolished after independence
State finance minister says decision taken despite Amphan, Covid stress and dues from Centre running into Rs 77,000 cr, will bring marginal relief especially to farmers who use diesel
In a letter to Modi, she said the truth is that as GDP nosedives, the prices of gas, diesel and petrol continue to rise unchecked