Pakistan government drops "petrol bomb" with historic rise in price of petrol and gas. The petrol price was hiked to Rs 272 per litre after an increase of Rs 22.20 on Feb 15.
Since the first week of August, Bangladesh has been witnessing mass protests after the unprecedented price hike in fuel. After Sri Lanka, now Bangladesh is grappling with soaring fuel prices. How did Bangladesh arrive in this position? Watch this video to know more on the recent economic crisis in #Bangladesh.
Sri Lanka's President Gotabaya Rajapaksa was escorted to safety shortly before protesters, angered by an unprecedented economic crisis, stormed and overran the compound of his official residence. Huge crowds had surrounded the leader's home to demand his resignation. As protesters surged at the gates of the President's Palace, troops guarding the compound fired in the air to hold back the tide until Rajapaksa was safely removed.
Sri Lanka has run out of fuel. Sri Lanka, hit by a massive economic crisis, has run out of fuel and only essential services will operate starting midnight. This is the first time that Sri Lanka has run out of fuel. The list of essential services will include health, law and order, ports, airport, food distribution and agriculture. All non-essential services have been suspended till July 10.
Petrol price was slashed by Rs 8.69 a litre and that of diesel by Rs 7.05 per litre on May 22 in New Delhi. This comes following the government's decision to cut excise duty on auto fuels. The govt had announced a record Rs 8 per litre cut in excise duty on petrol and Rs 6 reduction on diesel on May 21.
Contrary to finance ministry claims, most experts believe that higher inflation will adversely impact the lower-income classes. India registered 7.8% retail inflation in April 2022, much higher than the upper limit of RBI’s inflation range. The headline inflation soared to an 8-year-high at the same time. Prices of food items, edible oils and fuels have skyrocketed. But what does that mean for the taxpayers?
With the fuel prices going up by another 80 paise a litre on Wednesday, petrol and diesel in the past 16 days and after 14 hikes have become dearer by Rs 10 a litre. Petrol in the national capital crossed the Rs 105 mark today, whereas, in Mumbai, it has surpassed Rs 120.
#Congress MPs led by Rahul Gandhi on Thursday staged a protest against the fuel price hike at Vijay Chowk here and sought its roll back. Congress MPs from both the Lok Sabha and the Rajya Sabha carrying placards raised slogans against the government and sat on a dharna against the rise in price of petrol, diesel and LPG gas.
Fuel prices continue to rise, with prices of petrol and diesel on Tuesday further hiked by 80 paise and 70 paise per litre respectively, becoming dearer by almost Rs 5 a litre after seven revision in rates in eight days.
#Petrol and #Diesel prices in the country on Saturday touched new all-time highs after rates were increased for the fourth time this week.
The Sudanese government had increased the price of bread from one ($0.02) to three Sudanese pounds ($0.063).
In New Delhi, petrol is being sold 13 paise lower than the previous rates at Rs 77.43 per litre, while diesel is being sold at Rs 72.19 per litre after a 12 paise decline.
Fuel prices continued its upward march on Monday, with diesel prices surging by 8-9 paise in four metropolitan cities.
In Mumbai, petrol is retailing at Rs 87.73 per litre and diesel at Rs 77.68 per litre after revisions of 23 paise and 31 paise, respectively.
Fuel prices continued to haunt countrymen on Monday also, with petrol and diesel prices being hiked by 21 paise and 29 paise respectively
Chennaiites give us their opinion on the cut in fuel prices on October 4, 2018. The Centre announced a Rs 2.50 per litre cut in petrol and diesel prices across India and by Rs 5 in BJP-ruled state.
Fresh hike has been witnessed in the price of petrol and diesel on Saturday morning. In the national capital, petrol is being sold at Rs 83.40 per litre, with an increase of Rs 0.22 from Friday.
In New Delhi, the petrol price has surged yet again and is retailed at Rs 82.86 per litre, while diesel is being sold at Rs 74.12 per litre.