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NEWS MANTRA UPDATE JANUARY 24-01-2025

Newsmantra — Fri, 24 Jan 2025 07:26:43 +0000

1 . NEW DELHI. Fuel prices in India to remain stable amid fluctuating crude rates, says Indian Oil Chairman; ET

2 . NEW DELHI. Indian Oil’s green hydrogen plant in Panipat will be commissioned within 2 years says Chairman, IOC; ET

3 . NEW DELHI.The CSR rules make it mandatory to conduct the impact assessment of CSR projects with a budget of more than 1 Cr and a total CSR expenditure of more than 10 Cr.

4 . TEHRI. THDC Ltd achieves milestone of 72-hour trial run for Unit 1 of 1320 MW of KSTP Project on 23rd January 2025

5 . Hyderabad . Centre mulling upgrade IRCTC to Navratna status: CMD; ET

6 . NEW DELHI. NHPC forms JV with power producer APGENCO for renewable energy projects ; ET

7 . NEW DELHI. APTEL directs Maharashtra discom to pay Rs 2,477 crore to state-run NTPC; Business Standard

8 . NEW DELHI. MDL to negotiate Rs 70,000 cr deal with MoD; ET

9 . NEW DELHI. IREDA board approves fundraise of up to Rs 5,000 crore via QIP, shares ; MOney Control

10 . MUMBAI. BSNL brings unlimited calls, data plan at an unmatched price of Rs 5;a new plan offers unlimited calling and data. ASia net

11 . NEW DELHI.IRCTC to team up with ITC, Tata and Harvest Gold for food delivery; Financial Express

12 . NEW DELHI. Air India Express to enhance NCR presence, commence operations from Hindon airport ; Business Line

13 . MUMBAI. Tata Consultancy Services (TCS) has revealed its intention to hire 40,000 freshers in 2025.

14 . NEW DELHI. After RINL, Centre May Revive 4 Iconic Steel Plants To Boost Production, Generate Jobs ; News 18

15 .NEW DELHI. Defence ministry disqualifies L&T’s bid, citing non-compliance in Navy’s 70,000 crore submarine project . MINT

16 .NEW DELHI. NHAI to spend over Rs 15,000 crore on Uttar Pradesh highways upgrade; Business Standard

17 . BILASPUR . SECL signs Rs 48.19 crores MoU with NIT Raipur to built 500 bedded girls hostel .

18 . CHAMERA. NHPC with Samphia Foundation flagged off free mobile therapy v

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Petrol, Diesel Prices Today: Check Fuel Rates in Your City on November 3

Newsmantra — Thu, 03 Nov 2022 06:36:04 +0000

Although there has been no change in fuel prices over the last few months, consumers may be able to get a relief of up to Rs 2 in petrol and diesel prices soon. It was on May 22 when the fuel prices saw a change as the Centre announced a cut in excise duty on petrol by Rs 8 and diesel by Rs 6. Since the excise duty cut in late May, Indian Oil, Bharat Petroleum and Hindustan Petroleum have reported a combined loss of Rs 19,000 crore during that quarter.

According to the latest updates on the price of fuel, on November 3 the rate of petrol remains at Rs 96.72 per litre in Delhi and diesel at Rs 89.62 per litre. Meanwhile, in Mumbai, petrol price is at Rs 106.31 and diesel is at Rs 94.27 per litre. In Chennai, the price for petrol is stable at Rs 102.63 per litre, while for diesel it is Rs 94.24 per litre. The petrol price in Kolkata is Rs 106.03 per litre, and diesel is Rs 92.76 per litre.

Find out the prices in Delhi, Mumbai, Chennai and other cities on November 3.

Delhi

Petrol: Rs 96.72 per litre

Diesel: Rs 89.62 per litre

Mumbai

Petrol: Rs 106.31 per litre

Diesel: Rs 94.27 per litre

Chennai

Petrol: Rs 102.74 per litre

Diesel: Rs 94.33 per litre

Kolkata

Petrol: Rs 106.03 per litre

Diesel: Rs 92.76 per litre

Bengaluru

Petrol: Rs 101.94 per litre

Diesel: Rs 87.89 per litre

Hyderabad

Petrol: Rs 109.66 per litre

Diesel: Rs 97.82 per litre

Bhopal

Petrol: Rs 108.65 per litre

Diesel: Rs 93.90 per litre

Gandhinagar

Petrol: Rs 96.63 per litre

Diesel: Rs 92.38 per litre

Guwahati

Petrol: Rs 96.01 per litre

Diesel: Rs 83.94 per litre

Lucknow

Petrol: Rs 96.44 per litre

Diesel: Rs 89.87 per litre

Thiruvananthapuram

Petrol: Rs 107.60 per litre

Diesel: Rs 96.42 per litre.

Public-sector oil marketing firms such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) announce the changes in fuel prices at 6 am every day. The fuel price differs across states as factors like local taxes such as VAT and freight expenses play a major role.

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Rahul attacks PM over fuel price issue

Newsmantra — Thu, 28 Apr 2022 12:20:34 +0000

Rahul attacks PM over fuel price issue
Congress leader Rahul Gandhi on Thursday hit out at Prime Minister Narendra Modi, saying his federalism is “not cooperative but coercive”.

His remarks came a day after Modi flagged higher fuel prices in many opposition-ruled states and urged them to reduce VAT in “national interest” to benefit the common man and work in the spirit of cooperative federalism in this time of global crisis.

Gandhi alleged that the prime minister is abdicating his responsibility by blaming states for the high fuel prices even when the Centre has taken 68 percent of all fuel taxes.

“High Fuel prices – blame states. Coal shortage – blame states. Oxygen shortage – blame states,” he said in a tweet.

“68% of all fuel taxes are taken by the Centre. Yet, the PM abdicates responsibility. Modi’s Federalism is not cooperative. It’s coercive,” Gandhi charged.

Modi had raised the issue of many states not adhering to the Centre’s call for reducing the Value Added Tax (VAT) on petrol and diesel after his government slashed excise duties on them in November last, and called it “injustice” to people living there and also harmful for neighbouring states.
Flagging higher fuel prices in many opposition-ruled states during a meeting on Covid, PM Modi called it “injustice” and urged the Chief Ministers to reduce VAT (Value Added Tax) on petrol and diesel to help the common man. He said many states had not agreed to the Centre’s call for reducing VAT after his government slashed excise duties in November and named Maharashtra, West Bengal, Telangana, Andhra Pradesh, Kerala, Jharkhand and Tamil Nadu.

Reacting to the furious backlash from opposition Chief Ministers, Union Minister Hardeep Puri sneered that petrol would be cheaper if opposition states reduced taxes on fuel instead of liquor.

“Petrol will be cheaper if opposition ruled states cut taxes on fuel instead of imported liquor! Maharashtra govt imposes ₹ 32.15/litre on petrol and Congress-ruled Rajasthan ₹ 29.10. But BJP-ruled Uttarakhand levies only ₹ 14.51 and Uttar Pradesh ₹ 16.50. Protests cannot challenge facts!” – Mr Puri tweeted this morning.

The swipe landed as Telangana Chief Minister K Chandrasekhara Rao remarked that the Prime Minister “should feel ashamed” to ask states to cut taxes and stressed that there had been no hike in fuel tax since 2015 in his state

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