The phased increase of prices is being done to sell the fuel at international prices.
...current industry models will soon fade out, notes Ajit Balakrishnan.
'Whether we like it or not, coronavirus is knocking on the door. We only have two weeks, a month if we are lucky, to prepare for its spread.' 'The US wasted this opportunity and is facing spreading virus and economic meltdown,' notes Sonalde Desai.
The city of Newark in the United States state of New Jersey has rescinded a sister-city agreement with the so-called 'United States of Kailasa', founded by Indian fugitive Nithyananda, citing deceptive circumstances surrounding the fictional country and terming the incident as regrettable.
Diesel prices have cumulatively risen by Rs 10.68 a litre in 17 instalments since January 2013 when the United Progressive Alliance government had decided on the monthly hikes.
The loss on diesel sales has inched up marginally to Rs 8.37 a litre even as a surge in international oil rates and a weakening rupee wiped out gains from a 50 paise increase in the price of the fuel.
Eying a prominent role in the next government at the Centre, the All India Anna Dravida Munnetra Kazhagam on Tuesday promised to extend populist schemes like distribution of free mixies, grinders, fans, milch cows and goats across the country in its Lok Sabha manifesto.
'Overall, compared to the previous episode, we are in a better shape because the vaccine is already out there and vaccination drives are proceeding'
The challenge is to enhance opportunities for people to generate livelihoods through entrepreneurship, both big and small, argues R Jagannathan.
According to an internal assessment of the food ministry, shared with chief ministers recently, Tamil Nadu, Kerala, Jammu & Kashmir and Himachal Pradesh will see a massive reduction in their annual grain allocation.
'With the largest number of malnourished people on the planet, India is poised to be a nation that significantly under-performs as an economy.'
Trade ministers and diplomats from around 130 countries are participating in the four-day meeting that started on Tuesday.
The salary and allowances of MLAs has been raised from Rs 55,000 to Rs 1.05 lakh a month.
The travel agents have demanded refunds for customers
While LPG price was raised by Rs 18, kerosene saw a hike of Rs 3 per litre
The key gain from using Aadhaar will be a drastic cut in impersonation and fictitious identities, thereby plugging a major loophole through which a lot of leakage in subsidy payment takes place.
Agriculture Minister Radha Mohan Singh said whenever BJP came to power, prices of essential commodities saw a fall.
'They (the ransomware attackers) are not after any VVIP data.' 'Had that been the case, they would have quietly installed a different malware.'
'When 99.9 per cent of the most vulnerable are above 65, I see no logic in this sweeping lockdown in a country in which 94 per cent are below 65.' 'The most sensible thing to do would be to recalibrate this unnecessary lockdown as soon as possible.'
Chhattisgarh, popularly known as the rice bowl of central India, is witnessing politics over the foodgrain with ruling the Bharatiya Janata Party and main opposition the Congress trying to attract voters through it.
More important is to diversify the country's farm production base.
While the likelihood of these states going the Lanka or Greece way may be an alarming assessment, the financial situation of some states such as Punjab and West Bengal is indeed quite weak.
Senior Bharatiya Janata Party leader Murli Manohar Joshi on Monday described the United Progressive Alliance's ambitious Food Security Bill as nothing but a 'vote security bill'.
They said that massive public investment in infrastructure, social sectors and agriculture would generate employment and the Union Budget should give it a priority and allocate necessary funds for this.
The Delhi high court on Wednesday observed that the telecast of the recording of narco analysis conducted on Aaftab Amin Poonawala, the sole accused in the Shraddha Walkar murder, will prejudice the case and restrained all news channels from displaying or playing content of the charge sheet filed in the matter.
There is no foodgrain shortage in the country as our total storage capacity is more than 81 million tonnes, while the public distribution system requirement is 61 million tonnes, says Ram Vilas Paswan.
Moody's currently assigns 'Baa3' rating on India, with a stable outlook. 'Baa3' means medium grade with moderate credit risk.
Rebalance your portfolio in case it has become overweight on equities vis-a-vis your strategic asset allocation.
RBI Governor Shaktikanta Das on Friday said that inflation is on a declining trajectory, as it has fallen by 170 basis points from its January 2020 peak. Retail inflation fell to four-month low of 5.91 per cent in March over the previous month, mainly due to easing food prices.
Attributing price rise to global factors and higher Minimum Support Price (MSP), Prime Minister Manmohan Singh on Wednesday said the government has tried to protect the interest of poor people by maintaining supply through the PDS system.
A day ahead of former Congress chief Rahul Gandhi's visit to Rajasthan to raise the voice of the farmers against the farm laws, he said that the Centre should withdraw the laws and after thorough consultation with farmers and states, come up with a new set of legislations which the tillers would themselves want and is not something that is forced upon them.
Experts say the new security features will significantly ensure there is no 'large-scale theft of people's identity'.
A sea of people could be seen, besides dignitaries led by Bihar Chief Minister Nitish Kumar and Union Minister Ravi Shankar Prasad, at the cremation site on the banks of the Ganges in the city that has been a witness to the Lok Janshakti Party founders long journey -- from a young MLA of the socialist party in the late 1960s to having served under six prime ministers.
The MQ-9B predator armed drones -- 10 each for three services -- is seen to be a key part of India's national security and defense needs.
Addressing a separate session on world food security, Thomas said that India's food law marks a paradigm shift in approach to food security -- from being a welfare measure to rights-based approach.
rediffGURU and financial planning expert Colonel Sanjeev Govila will answer your personal finance-related questions.
Telecom regulator Trai on Monday said that it is working on various technologies to detect pesky calls and messages along with a joint action plan with other regulators to curb financial frauds. The Telecom Regulatory Authority of India (Trai) said that Unsolicited Commercial Communication (UCC) or pesky communication is a major source of inconvenience to the public and impinges on the privacy of individuals. "Now complaints are reported against Unregistered Telemarketers (UTMs), where a surge has been seen in pushing various kinds of UCC SMSes. Additionally, UCC calls are also one of the concerns which need to be dealt with equally along with UCC SMSes," it said.
'As long as businesses do not consider cyber recovery an integral part of their enterprise IT, they remain greatly vulnerable.'
The loss, which is made good through government subsidy, has declined since March as the rupee strengthened against the dollar and global oil prices softened.
'UBI is a tricky subject.' 'Our worry is the government could get rid of UPA's social welfare schemes targeted at the poor.'