Only 16.4 per cent of Bihar's 1.89 crore families or households have the luxury to light up their residences with electricity, the remaining, nearly 83.6 per cent families are forced to live without electricity, a household amenities and assets in Bihar report released by the Census of India has said.
Maharashtra Director General of Police Subodh Kumar Jaiswal said that the attack was not a result of intelligence failure.
Fed up with rampant corruption and loss of money through forgery by a middleman led a Mahadalit man, his wife and three children to commit suicide in Bihar's Aurangabad district, police said on Monday.
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.
Bharatiya Janata Party spokesman Shahnawaz Hussain on Saturday said the country is not being run by a government, but a private limited company whose basic job is to protect the interests of oil companies and not the common people. He was addressing a news conference at the party headquarters in New Delhi on Saturday. He demanded that the union government must immediately rollback the fuel price hike.
Apparently upset over delay in the formation of a separate Telangana state, an 18-year-old girl student allegedly committed suicide by immolating herself at Koheda village near Hyderabad on Sunday, the second such death in two days, police said.
The retail prices of petroleum products have moved broadly in line with, or somewhat more than, the rupee cost of oil imports.
Oil and Natural Gas Corp (ONGC) has said its net profit will drop by over 47 per cent to below Rs 10,000 crore (Rs 100 billion) this fiscal if the government forces it to shell out a higher fuel subsidy.
Exuding confidence that the economy will grow by 8.5 per cent in 2011-12, Finance Minister Pranab Mukherjee on Wednesday said the recent hike in prices of petroleum products will not have much impact on the fiscal deficit.
At least 16 persons are believed to have committed suicide either by setting themselves ablaze or by hanging since Saturday when All India Anna Dravida Munnetra Kazhagam chief Jayalalithaa was sentenced to a four-year jail term in the disproportionate assets case by a special court in Bangalore.
The 12-digit unique number that the UIDAI will generate will be combined with the the smart card project of the Oil Ministry for distribution of PDS kerosene and domestic LPG through biometric identification of beneficiaries.
In line with the industry expectations, the government has indicated that it is actively considering extension of the NBS regime to cover urea.
The government indecisiveness on petroleum price rise, coupled with late release of cash subsidy, has sent the borrowings of three government-controlled oil marketing companies to an all-time high of around Rs 118,000 crore (Rs 1,180 billion).
This Budget, the finance ministry may consider a proposal for a seed fund that would provide financial support to states willing to sell items other than foodgrain, sugar and kerosene through the public distribution system (PDS). The move, experts believe, will help reigning in food inflation that remains in double digits, despite moderation.
The government has no plans to increase petrol and diesel prices even though international crude rates have touched $100 per barrel, Oil Minister S Jaipal Reddy said in Panipat on Tuesday.
Mumbai attack martyr Major Sandeep Unnikrishnan's uncle, who attempted self immolation to protest the government's alleged apathy in treating victims of the 26/11 strike, succumbed to injuries, police said on Saturday. K Mohanan, 56, who had suffered 98 per cent burn injuries, died at 11.55 pm on Friday night at the Ram Manohar Lohia Hospital in New Delhi. While undergoing treatment, he had also suffered a heart attack.
An additional district collector was on Tuesday burnt alive, allegedly by members of the petrol and diesel mafia, at Manmad in Maharashtra's Nashik district. Additional District Collector Yashwant Sonawane was accompanied by his personal assistant and driver when the shocking incident took place at a roadside dhaba near Manmad town, nearly 260 km from Mumbai. Preliminary reports say Sonawane had gone there to conduct a raid on the petrol and diesel mafia.
Economists said the full cascading impact of the sharp raise in diesel, LPG and kerosene prices announced on May 24, would be visible from July onwards when inflation could touch the double digit mark.
In 2002, Mukundan started manufacturing Venus kerosene burners that reduce fuel usage by 30 per cednt. From 2,000 burners in the first month, today Servals sells 120,000 such burners every month.
If June 2010 diesel price is taken as the base, then the increase is a mere 2 per cent. By contrast, petrol prices have gone up by 23 per cent in the same period.
Petroleum Minister Jaipal Reddy said these measures would cost the government Rs 49,000 crore in the current financial year.
This is the tenth hike in the price of petrol in just over a year. With this hike, inflation is likely to rise sharply once again.
West Bengal Chief Minister Mamata Banerjee on Friday opposed the fresh hike in fuel prices, saying it will put the common man in great difficulty.
A week after the steep hike in petrol prices by Rs 5 a litre, the government on Monday said a ministerial panel is likely to meet in the next few days to take a decision on raising diesel, LPG and kerosene rates.
In a move that may spook Oil and Natural Gas Corp's (ONGC) planned public offering, the government has hiked the contribution of upstream oil companies toward fuel subsidies to 38.8 per cent for 2010-11 fiscal.
OMCs are currently incurring daily under-recovery of Rs 230 crore.
35-year-old K Mohanan, a native of Kozhikode in Kerala, had poured kerosene on his body and set himself on fire outside Gate No 4 of Parliament House near Vijay Chowk on Thursday evening.
The government must be complimented for finally showing some determination in biting the bullet on petroleum prices. It must now stand its ground and ride the wave of political protests that are bound to be staged by an Opposition waiting to return to relevance.
If you live outside Patna, you ought to have a lantern in your house. Large parts of Bihar go without electricity for days, thanks to the massive power shortage the state faces. With power generation options looking bleak in the distant future, Bihar continues to live in the dark on sundown. M I Khan reports
Fifty-six months on, the government's record in implementing these schemes and projects has been mixed, report Arup Roychoudhury and Indivjal Dhasmana.
The revenue loss, termed as under-recovery by oil firms, will be the highest-ever.
Oil prices have risen as freezing weather in the northern hemisphere has increased energy demand for heating.
Declining crude price translates into lower under-recoveries for OMCs
Villages engulfed by darkness have a ray of hope with ONergy offering poor villagers have with a complete range of solar products.
Upstream oil firms bear one-third of the revenue that retailers lose on selling diesel, domestic LPG and Kerosene at government-controlled rates.
'The price increases, particularly in respect of cooking gas, that is domestic LPG and PDS kerosene, have been quite minimal.'
Responding to a series of questions on the situation in Jammu and Kashmir during Question Hour, Shah also asserted that not a single person has died in police firing after August 5 when the special status accorded to Jammu and Kashmir was scrapped.
India, the world's third largest energy consumer, has enough petrol, diesel and cooking gas (LPG) in stock to last way beyond the three-week nationwide lockdown, as all plants and supply locations are fully operational, Indian Oil Corp (IOC) chairman Sanjiv Singh said.an Singh, who continued to oversee the mammoth operations of ensuring that fuel reaches every nook and corner despite the loss of his father on the day the 21-day lockdown was declared, said there was no shortage of any fuel in the country and customers should not resort to panic booking of LPG refills.
The Bharatiya Janata Party on Tuesday alleged that the government's contention of oil companies going insolvent if prices of petro products were not increased was wrong and backed its argument by providing profit figures of the three oil PSUs in the country.
K Mohanan, a native of Kozhikode in Kerala, poured kerosene on his body and set himself afire outside Gate No 4 of Parliament House near Vijay Chowk at around 6 pm.
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