Search Results for: wage revision

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Congress party protests fuel price hike by Modi government

Bengaluru, March 02 (ANI): The youth wing of Congress party staged a protest in Bengaluru against the fuel price hike by Prime Minister Narendra Modi-led government. State run Indian Oil Corp raise the retail price of petrol by 5.5 percent and that of diesel by 6.6 percent from Sunday, as global prices of the two fuels have risen since the last revision. Retail prices of petrol will be raised by 3.18 rupees a litre and that of diesel by 3.09 rupees a litre. A leader of the youth wing, Pramod Shanker, criticised the government over hike. Mar 2, 2015
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Hike in aviation fuel price by 8.2 percent will increase fare by Rs 500 per passenger: Aviation Expe

New Delhi, March 01 (ANI): Aviation Expert Harshvardhan on Sunday said that the hike in aviation fuel price by 8.2 percent will increase fare by Rs 500 per passenger. He said that the increase in service tax of 2% also increases the fare and thereby the development will adversely affect the passengers. The government has hiked the price of aviation fuel by 8.2 percent. After the price revision, which came into effect from February 28 midnight, the aviation turbine fuel will cost Rs. 50,363 per litre per kilolitre in New Delhi. The price hike will also have a direct impact on the airfares as fuel costs account for about 40 percent of the airline's operating expenses. On Saturday, the Indian Oil Corporation Limited had also announced the hike in petrol and diesel prices, citing rise in international crude oil price and depreciation of rupee as the reasons. Mar 1, 2015
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