Diesel prices hiked by 87 paise in India while Petrol becomes dearer by 36 paise

As a part of fortnightly review of retail prices of petrol and diesel by Oil Marketing Companies (OMCs) in India, Petrol becomes dearer by 36 paise while Diesel is costlier by 87 paise from Sunday midnight. The rise in prices driven by increased oil prices in international market and impact of USD to INR exchange rate in FOREX markets.

 

 

As retail prices of Petrol and Diesel in India are de-regularized by the government, revision takes prices on 1^st and 16^th day each month. All three major state owned OMCs – Indian Oil Corp (IOC), Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL) fixed prices based on average fortnightly impact of global oil price movement and foreign exchange rate.

As a result of recent price hike, Petrol would cost at ₹61.06 per litre in Delhi while Diesel price will be ₹46.80 per litre. 

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Narendra Modi's motivating speech at New Delhi

Narendra Modi

Hero of India : Only Witness of Delhi Gangrape incident

Part II

Part I

Arvind Kejriwal speaking at Jantar Mantar 21st December 2012

Delhi to ban Gutka

Delhi has become 13^th state in India to decide complete ban on Gutka which includes manufacturing, selling, advertising, transportation and storage. Health Minister of Delhi informed that by Tuesday the notification will be issued in this regard.

Currently, in states of Kerala, Bihar, MP, Rajasthan, Maharashtra, Haryana, Punjab, Jharkhand, Chandigarh and Gujarat gutka and pan masala is banned by respective state governments. About 10.5% adults in Delhi are consuming smokeless tobacco such as gutka and other products.

Indian football team lifts Nehru Cup for the third time in a row

·        Indian football team beat Cameroon 5-4 in a penalty shootout to clinched Nehru Cup at Jawaharlal Nehru Stadium in New Delhi  

·        Both team settled for 2-2 score during the normal play time making it necessary to decide the result to penalty shootout where host edged past their fancied opponents to lift the title

·        This is the third time in a row that India manage to win Nehru Cup

Annshri Yojana to provide 600 Rs per month for poor families in Delhi

·        In its efforts to make it hunger free state, Delhi government announced launching of Annshri Yojana from 2^nd October 2012

·        Approximately 2 lakh poor families are likely to benefit as they would receive monthly cash transfer of Rs 600

·        Senior most female member would be receiving this cash transfer as per rule set for the scheme

·        Considering assembly elections are round the corner in Delhi, popular schemes would certainly take centre stage in Delhi politics in the near future