A proposal in the Union Budget 2022-23 to raise excise duty on dirtier, unblended retail petrol and diesel has met with some resistance from the petroleum ministry. However, finance ministry officials say no such communication arguing against the levy of extra duty on diesel has been received from the oil ministry. Until there are discussions between the two departments, the proposal will not be tweaked in the Finance Bill. The Rs 2 per litre additional excise duty proposed on unblended fuels in the Finance Bill will result in a uniform hike of diesel prices across the country from October 1.
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The opposition Bharatiya Janata Party on Monday alleged that the ruling Aam Aadmi Party, which spoke about sending corrupt Congressmen to jail, is now trying to save them.
If Amit Shah is likely to take to the home ministry like a duck to water, Nirmala Sitharaman's handling of finance will show whether she will justify the confidence which Modi has placed in her.
The growth, however, may not indicate a major revival of economic activity.
The dashboard system introduced by Modi has ensured that everyone gets information about ongoing schemes online without filing RTI applications, Shah said.
Surface and air links between Kashmir and rest of the country were cut off on Wednesday due to snowfall in the valley as the Srinagar-Jammu National Highway was closed for traffic and all flights to Srinagar Airport cancelled.
The politics of hate does not pay. The people are too sensible to fall for such a ruse, says Amulya Ganguli.
With the rupee continuing to remain weak against the US dollar, losses on diesel have climbed to Rs 9.45 per litre, upsetting the government's subsidy maths.
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Discoms will not only be penalised for undue outages, they will not be able to bill you for losses.
'Modi has not lacked courage in the political sphere. It is time he showed it in the economic sphere as well.' 'To do this, he needs to shed the simple-minded nostrums about economic growth and swadeshi that he learnt in the Sangh Parivar,' suggests Virendra Kapoor.
If Manmohan Singh was hobbled by allegations of sleaze and a stagnant economy, Modi faces the twin challenges of high unemployment and an uncertain and potentially volatile situation in Kashmir, points out Amulya Ganguli.
State-run gas utility GAIL India on Monday said it should be exempted from payment of fuel subsidies as it does not get any upside from rise in crude oil or natural gas price.
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The Railways Minister said gas stoves carried by some passengers blew up when they were preparing breakfast on the speeding train in violation of rules.
