India's petrol, aviation turbine fuel, and LPG consumption shot up in October this year compared to the same month last year, reflecting the rising demand for these fuels in a growing economy.
The Minister cited global factors such as the war in the Middle East and voluntary cuts in oil production, which are influencing the oil prices in the global market.
A molestation-accused man’s son allegedly threw petrol on the complainant girl and set her afire after she refused to withdraw her case in the Khandwa district of Madhya Pradesh.
The remarks came after the comments from India's Oil Secretary, Pankaj Jain, suggesting a price drop last month and media reports indicating that Maharashtra's state elections are expected in early November.
Union Minister of Road Transport and Highways Nitin Gadkari on Monday clarified that he is not against providing incentives for any particular fuel technology.
In the financial capital Mumbai, petrol continued to be priced at Rs 109.98 a litre and diesel Rs 94.14 a litre.
"This corrupt Congress government and it's CM who is only interested in loot and scoot lathi-charged peaceful Akali workers raising voice of farmers demanding compensation of Rs 50,000/acre for cotton growers and reduction in State VAT on petrol and diesel by Rs 10/Ltr in front of CM residence."
The burden of exorbitant fuel price on the economy and the people will not go down, the CPI (M) said.
Calling the reduction a "knee jerk reaction" to the losses in by-poll elections, Imran said the measure won't provide much relief to consumers,
The VAR reduction will be implemented from midnight hours of 5 November to provide further relief to consumers who were bearing the brunt of continuous price hikes on petroleum products.
