13
Thursday
December 2018
11:59 PM IST
News Headlines
Aussies will fight back, but India has upper hand: Ghavri        World Tour Finals: Tough road ahead for Sindhu; Sameer too eyes knockout berth        Govt should consider 100% FDI in multi-brand retail trade: CII report        Shaktikanta Das named new RBI Governor        Khashoggi, other journalists named Time 'Person of the Year'        May tours Europe in desperate bid to save Brexit deal        Three policemen killed in Shopian by terrorists; weapons snatched        13 of 19 Rajasthan ministers lose elections; CM Vasundhara Raje retains her seat        Clear message to Modi that People are unhappy and it is time for change: Rahul on poll results        Cong leads in R'than, Chhattisgarh and MP; TRS races ahead in Telangana, MNF in Mizoram        Shakhtar prepare for home match 700 kilometres from home        AC Milan let Inter off the hook with Torino stalemate        Sensex cracks over 550 pts; Nifty drops below 10,600        Trump's potential next chief of staff pick leaving White House        UK PM faces fight for her political life in Brexit deal        BJP mocks Oppn meet, asks them to reveal PM candidate's name        RBI Governor Urjit Patel makes loud noise with silent exit        RLSP chief Upendra Kushwaha resigns from Union council of ministers        1st Test: India in cruise control as Australia reduced to 104/4 chasing 323        Over 16000 runners take part in Pune Half Marathon        
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Main News
Petrol, diesel prices cut by Rs 2.50 after excise reduction; oil cos absorbing Re 1
 
New Delhi, Oct 4 (PTI) The government Thursday announced a Rs 2.50 a litre cut in petrol and diesel prices, factoring in excise duty reduction of Rs 1.50 per litre and asking oil companies to absorb another Re 1

Finance Minister Arun Jaitley said the excise duty cut would have an impact of Rs 10,500 crore on central government's tax revenues

He also asked state governments to follow suit by cutting a sales tax or VAT by a similar amount

The reduction followed petrol and diesel prices touching new highs

In Delhi, where the fuel prices are the lowest among all metros and most state capital, petrol is sold at Rs 84 per litre and diesel at Rs 75.45

Jaitley said the move followed Brent crude oil touching four-year high of USD 86 a barrel Wednesday and interest rates in US reaching seven-year high

Inflation in India, however, is still moderate at less than 4 pe cent and higher direct tax collections give comfort with regard to fiscal deficit, he said adding domestic macroeconomic indicators are strong and stable, except for current account deficit (CAD).


Cong leads in R'than, Chhattisgarh and MP; TRS races ahead in Telangana, MNF in Mizoram
RLSP chief Upendra Kushwaha resigns from Union council of ministers
'Won't hesitate from another surgical strike if need arises'
Modi used surgical strikes for 'political capital': Rahul
Rajasthan records 74 per cent turnout
Cal HC says can't give permission for BJP rally at this stage, after WB govt refuses to allow event
Christian Michel sent to 5-day CBI custody by court in VVIP chopper case
Sabarimala: Kerala Moves SC Seeking Transfer of Cases From HC
Election Body Admits Cameras Failed For Over An Hour At EVM Strongroom
K Krishnankutty sworn in as Kerala Water Resources Minister
CPM Leader PK Sasi Suspended From Party Over Harassment Charge
‘People will correct Kerala govt’: Union minister Pon Radhakrishnan on Sabarimala row
Fresh protest in Sabarimala
Sabarimala board to move SC, buy time to implement order
Sabarimala board to move SC, buy time to implement order
Top India, China officials hold defence, security dialogue, agree to step up military exchanges
Flipkart Group CEO Binny Bansal quits over 'serious personal misconduct' charges
70 per cent turnout in first phase of Chhattisgarh polls: EC
PM celebrates Diwali with soldiers in Harshil near India-China border
India jumps 23 notches to 77th rank on World Bank's 'ease of doing biz' ranking
KERALA NEWS
Activist Rehana Fathima, Who Attempted Sabarimala Trek, Arrested Over Facebook Post
 (Kochi, Nov 28, 2018): Model and activist Rehana Fathima, who tried to reach Kerala's Sabarim  
Good news for Keralite Nurses: IELTS cut-off reduced to 6.5
BJP leader K Surendran, 71 others granted bail
Sabarimala protests: Arrests up to 2061, Kerala HC warns police
INTERNATIONAL NEWS
Khashoggi, other journalists named Time 'Person of the Year'
 New York, Dec 11 (AFP) Saudi journalist Jamal Khashoggi, who was murdered in October at his country'
May tours Europe in desperate bid to save Brexit deal
Trump's potential next chief of staff pick leaving White House
UK PM faces fight for her political life in Brexit deal
NATIONAL NEWS
Three policemen killed in Shopian by terrorists; weapons snatched
 Three policemen were killed Tuesday when Pakistan-based Jaish-e-Mohammed terrorists attacked a guard
13 of 19 Rajasthan ministers lose elections; CM Vasundhara Raje retains her seat
Clear message to Modi that People are unhappy and it is time for change: Rahul on poll results
BJP mocks Oppn meet, asks them to reveal PM candidate's name
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