Author Archive: vdc

Six injured in clash in Muzaffarnagar

Muzaffarnagar, May 25  At least six persons were injured in a clash between two groups over a minor dispute in Miranpur town of Muzaffarnagar district, police said today.
Stones were hurled during the clash between members of the same community last evening, resulting in injuries to the six persons, including women, Circle Officer SKS Pratap said.

A car was also damaged, he said.

A case has been registered against 10 people and two of them have been arrested. Security in the area has been tightened and additional police force has been deployed.

Source: PTI

#Fuelprices continued to increase for the 12th straight day on Friday, with #petrol and #diesel prices hiked by 32 and 18 paise, respectively. The new prices came into effect at 6:00 am today.

continued to increase for the 12th straight day on Friday, with and prices hiked by 32 and 18 paise, respectively. The new prices came into effect at 6:00 am today.

Sensex Rises Over 100 Points Led By 2% gains in TCS, Infosys

The stock markets started Friday’s note on a positive note, with the Sensex rising 147 points. National Stock Exchange (NSE) benchmark index rose 46 points to 10,560. Gains were led by banking, finance, IT and energy stocks. Indian Oil, GAIL India, Indiabulls Housing Finance and Infosys were among the top gainers on the 50-scrip index Nifty. Equities in other Asian markets were slightly weaker amid fragile market sentiment after US President Donald Trump called off a key summit with North Korea, though investor concerns were softened by expectations the two countries may still continue dialogue.

Fuel prices to come down if brought under GST : Maharashtra CM Devendra Fadnavis

Fuel prices will come down once the Centre builds a consensus to bring petrol and diesel under the Goods and Services Tax (GST), Maharashtra Chief Minister Devendra Fadnavis said today. Petrol and diesel prices are defined by international crude oil rates, Fadnavis noted. ‘A task force is already working on reducing the fuel prices. If it (petrol and diesel) can be brought under GST, rates will come down. Maharashtra has already given its consent for it,’ he told reporters.

The GST Council will also have to look into aspects like revenue losses before taking a decision, he said. Talks are going on with finance ministers of all states, Fadnavis said, ‘Once petrol and diesel are brought under the ambit of GST, its threshold will change, because, right now, taxes upon taxes are levied which increases rates. GST will ensure a single tax,’ he said. He further added that ‘other states have not given their consent yet.’

The Centre had in June last year junked the 15-year old practice of revising rates every fortnight and introduced daily revisions. Petrol and diesel prices were raised for the 11th day in succession today as the state-owned oil firms gradually passed on to the consumer the increased cost of international oil that had accumulated since a 19-day freeze was imposed just before Karnataka elections.
Since the time the hiatus ended on May 14, rates have gone up by Rs 2.84 a litre in case of petrol and Rs 2.60 in diesel. Petrol costs Rs 77.47 a litre in Delhi and diesel Rs 68.53.