Funding a war
Fuel economics can be quirky not the least because Russia’s oil revenue has risen sharply despite the sanctions. Indeed, oil prices, according…
Fuel economics can be quirky not the least because Russia’s oil revenue has risen sharply despite the sanctions. Indeed, oil prices, according…
CM Naveen Patnaik has also remained silent on the price rise. He has also not reacted to the ghastly incident in Uttar Pradesh where farmers were run over at Lakhimpur.
Global crude prices increased on Friday. The November contract of Brent crude on the Intercontinental Exchange is currently trading above the $72-per-barrel-mark.
The price rise pause has come not before the fuel rates have reached new highs across the country through numerous increases in last two months.
Across the country as well petrol and diesel prices increased on Tuesday but its retail prices varied depending on the level of local taxes in different states.
Kharge gave a notice under Section 267 to suspend the legislative business of the House and discuss the issue of rise in prices of petroleum products.
A few Congress MLAs peddled their way to the Odisha Assembly on bicycles to register their protest. Outside the Assembly, Congress activists staged protests in front of huge cutouts of PM Narendra Modi at different petrol filling stations.
Talking to the media, Dharmendra Pradhan, on Sunday, said that there are two main reasons behind the fuel price rise.
With this latest hike, petrol has breached Rs 90 per litre-mark across all metros and around all major cities of the country.
Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges.
