Search Results for: oil prices

finance-minister-says-hoarding-behind-rising-prices-politicos-react

Finance Minister says hoarding behind rising prices, politicos react

New Delhi, June 17 (ANI): Political leaders on Tuesday reacted over Union Finance Minister Arun Jaitley's remark in which he attributed the rising inflation to the hoarding of food stocks. He said that Centre is committed to ease supply side bottlenecks and has also asked states to take firm measures against hoarders to check speculation. Jaitley also said the state governments should take effective steps to ensure that hoarding is discouraged. Jun 17, 2014
inflation-at-five-month-high-fiscal-deficit-and-high-interest-rates-to-continue-market-expert

Inflation at five-month high, fiscal deficit and high interest rates to continue: Market Expert

New Delhi, June 17 (ANI): Talking about the inflation which reached at five-month high, Market Expert Akash Jindal said that fiscal deficit and high interest rates will continue with time. Jindal said that the food prices and oil prices are increasing because of El Nino effect and Iraq violence respectively. Talking about Finance Minister Arun Jaitley's remark on inflation, he said that whatever may be the reason for the same, government has to tackle it. Jindal also talked about tackling hoarding in coordination with the state and central government. Jun 17, 2014
47-day-fish-trawling-ban-commences-in-kerala-coast

47 day fish trawling ban commences in Kerala coast

Kochi, June 15 (ANI): Kerala fisherman will have to temporarily put their fishing nets to rest, as the annual 47 days ban on fishing using motorised trawlers in Kerala began at midnight on Saturday. Most of the heavy motorised deep sea fish trawlers have come back and will now be anchored at their respective harbours during the 47-day long ban period that will be on till July 31. The annual ban is likely to drive up fish prices. Officials from fisheries department said the ban might be increased to 60 days if required. Jun 15, 2014
monsoon-rains-seen-below-average-jitendra-singh

Monsoon rains seen below average: Jitendra Singh

New Delhi, June 10 (ANI): Earth Sciences Minister Jitendra Singh said that the monsoon is expected to bring below-average rainfall this year, potentially lowering grain yields, pushing up food prices and hurting the economy. Singh expects precipitation between June and September to be between 90 and 96 percent of the long-term average. Singh added that rainfall in July was seen at 93 percent of the long-term average, rising to 96 percent during August. Jun 10, 2014
kejriwal-demands-subsidies-for-water-and-electricity-from-central-government-for-delhi

Kejriwal demands subsidies for water and electricity from Central government for Delhi

New Delhi, June 08 (ANI): Aam Aadmi Party chief Arvind Kejriwal on Sunday congratulated Prime Minister Narendra Modi and said his party hopes he will fulfill expectations of people. Kejriwal hoped that the NDA government would put a check on rising gas prices. He also urged the BJP to address water and electricity issues, especially in the capital. Jun 8, 2014
customers-head-towards-jewellery-shops-in-jaipur-as-gold-nears-four-month-low

Customers head towards jewellery shops in Jaipur as gold nears four-month low

Jaipur, June 05 (ANI): Prices of gold in India touched rupees 26, 639 per 10 grams on Thursday, the lowest since February, attracting a sizeable number of people who wanted to invest in the precious metal. People in Jaipur rushed to buy gold which is expected to fall even further to rupees 25, 000 rupees in the next few days. Traders and jewellers have seen a rise in the number of customers in the last few days as people flocked to take advantage of low prices. Though this trend of the slash in gold prices is global, the recent reduction in import duty by the Indian government has also aided the fall in prices of the commodity. Jun 5, 2014
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