#petrol diesel price hikes

[devulove-blog]

ಪೆಟ್ರೋಲ್‌, ಡೀಸೆಲ್‌ ದರ ಏರಿಕೆ ವಿರೋಧಿಸಿ ನಾಳೆ ರಾಜ್ಯಾದ್ಯಂತ ಎಎಪಿ ಪ್ರತಿಭಟನೆ

ಬೆಂಗಳೂರು: ರಾಜ್ಯ ಸರ್ಕಾರವು ಪೆಟ್ರೋಲ್‌, ಡೀಸೆಲ್‌ ಮೇಲಿನ ಚಿಲ್ಲರೆ ಮಾರಾಟ ತೆರಿಗೆಯನ್ನು ತಲಾ ₹3 ಮತ್ತು ₹3.5 ಹೆಚ್ಚಿಸಿರುವ ಕ್ರಮವನ್ನು ಖಂಡಿಸಿ ಬೆಂಗಳೂರಿನ ಸ್ವತಂತ್ರ ಉದ್ಯಾನವನ ಸೇರಿದಂತೆ ರಾಜ್ಯಾದ್ಯಂತ ಆಮ್‌ ಆದ್ಮಿ ಪಾರ್ಟಿ ಜೂನ್‌ 18, ಮಂಗಳವಾರ ಬೃಹತ್‌ ಪ್ರತಿಭಟನೆ ಹಮ್ಮಿಕೊಂಡಿದೆ. ಬೆಳಗ್ಗೆ 11 ಗಂಟೆಗೆ ಪ್ರತಿಭಟನೆ ನಡೆಯಲಿದೆ. ಬಳಿಕ ಆಯಾ ಜಿಲ್ಲೆಯ ಜಿಲ್ಲಾಧಿಕಾರಿಗಳಿಗೆ ಪೆಟ್ರೋಲ್‌, ಡೀಸೆಲ್‌ ಬೆಲೆ ಏರಿಕೆ ಕ್ರಮವನ್ನು ಖಂಡಿಸಿ, ಜನಸಾಮಾನ್ಯರಿಗೆ ಅನುಕೂಲವಾಗುವ ರೀತಿಯಲ್ಲಿ ದರ…

[15thaugust]

Stay informed about the latest petrol price in India. Follow us for updates on fuel rates and tips to manage your budget effectively.

Know more at https://tinyurl.com/muwpxzyh

[banglakhobor]

অপরিশোধিত তেলের দামে বৃদ্ধি, কলকাতায় কি বাড়ল পেট্রোল, ডিজেলের দাম ?

Fuel Price Hike: বিশ্ববাজারে ফের দাম বাড়ল অপরিশোধিত তেলের (Petrol Diesel Price)। তবে ভারতের বাজারে বেশ কিছু শহরে কমেছে জ্বালানির দাম। দেখে নিন, কলকাতায় কত হল পেট্রোল-ডিজেলের দাম (Kolkata Petrol Price) । অপরিশোধিত তেলের দাম কত?আন্তর্জাতিক বাজারে অপরিশোধিত তেলের দাম বৃদ্ধির প্রক্রিয়া অব্য���হত রয়েছে। সপ্তাহের শেষ কার্যদিবস অর্থাৎ শনিবার পেট্রোল ও ডিজেলের দাম বৃদ্ধি রেকর্ড করা হয়েছে। ব্রেন্ট…

[beardedmrbean]

A wave of demonstrations across Angola has been triggered by a government decision to cut subsidies for petrol. 

The move to cut the subsidies was aimed at curbing government spending — but resulted in sharp fuel price hikes.

Thousands of young people — including many motorcycle taxi drivers — demonstrated on Saturday against the increase in fuel prices in the Angolan capital, Luanda, and other cities in the southern African country.

Heavy-handed police tactics

In Luanda, a heavy police presence patrolled the streets from Saturday morning, before firing tear gas to disperse a crowd that had gathered in the east of the capital. Several people were injured and the police made multiple arrests. 

"In Luanda, we arrested 32 demonstrators, and in Benguela, 55. The demonstrators were violent and attempted to set up roadblocks with burning fuel canisters and rubber tires," police spokesman Mateus Rodrigues told a press conference.

Activist Dito Dali, one of the organizers of the Luanda protest, contradicted the police account.

"We were peaceful. The police used violence without any reason. We have hundreds of photos and videos of the injured, some of which we have also posted on social media. It is only thanks to our composure that there were no deaths — as happened recently in Huambo," Dali told DW, referring to a protest in the central city during which police opened fire on a demonstration that authorities said had turned violent. Five people died in the Huambo protest. 

Fuel price hike was the last straw

The World Bank and the International Monetary Fund (IMF) had long been calling for Angola to reduce fuel subsidies, and their removal resulted in the gasoline price increasing from 165 kwanza (€0.25) to 300 kwanza (€0.48) per liter on May 3, 2023. 

Angola is one of Africa's largest oil producers;however, it does not have sufficient refineries to meet its domestic demand for diesel and gasoline and therefore has to import a large portion of fuel at high costs.

Consumer fuel prices were heavily subsidized, which meant that fuel prices for end consumers were kept very low. But in 2022, fuel subsidies burdened the Angolan state budget with approximately €3.2 billion. 

Street vendors at risk

Even higher costs are expected this year. Angola's street vendors have also been bearing the brunt of the price hikes.

"It is unbearable that the government continues to make our lives more difficult," street vendor Custodia dos Santos told DW reporter Borralho Ndomba in Luanda.

"That's why we joined the taxi drivers in their protests against the increase in fuel prices. Our survival and the survival of our children are at risk."

Custodia also mentioned the daily harassment street vendors face as Luanda's provincial government tightens measures against informal street traders. 

"We are regularly detained by security personnel or the police," she said. "We have to keep giving them money just to be able to continue working."

NGOs also under pressure

The protests have been further fueled by hundreds of NGO workers who are also very dissatisfied with their government which supports a new bill that aims to further regulate NGOs and associations.

Several Angolan NGOs launched a nationwide campaign against the proposed law earlier this week and warned that the government's goal was mainly to "control organizations." 

"If this law is enforced, we will find it difficult to continue our work," said Guilherme Neves, chairman of the human rights organization Associacao Maos Livres ("Free Hands Association") which has long been involved in helping persecuted activists and journalists.

The new law proposed by the ruling party MPLA is a kind of "license to erase non-governmental organizations that are not government-compliant," Neves added.

The OMUNGA Association — which has been promoting rural development and implementing rural projects for years — also sees itself threatened by the new law.

"Our government is becoming increasingly authoritarian. They want to control and regulate everything; they want to influence all activities of civil society. This is totalitarian," the association said in a statement.

"The protests of last weekend were only the beginning of our nationwide resistance movement," said activist Dito Dali.

"They will have to get used to the fact that we will no longer remain silent. The increase in fuel prices was just the straw that broke the camel's back."

[odnewsin]

BJD to stage protest in Odisha against ‘price hike’

The Opposition Biju Janata Dal (BJD) announced on Friday that it will hold protests on January 6 in response to an alleged price rise of essential commodities in Odisha. The announcement was made during a press conference in Bhubaneswar. The BJD claims that, since the ‘double engine’ government, prices for essential goods such as cooking gas, petrol, diesel, pulses, oil, eggs, and vegetables have…

[euginemicah]

KNBS Reveals Increase in Matatu Fares Despite Fuel Price Drop

The Kenya National Bureau of Statistics on Monday, December 31, revealed that matatu fares saw a hike despite a reduction in fuel prices this month. In its year-on-year Consumer Price Index (CPI) inflation report, the KNBS disclosed that matatu fares in December 2024 increased by 50 per cent despite a litre of diesel and petrol decreasing by 1.8 per cent and 2.4 per cent respectively.  Further,…

[hexahomee]

Understanding the New GST Rate on Used Cars: What You Need to Know

The Goods and Services Tax (GST) Council has recently announced a significant change in the taxation of used cars, setting a uniform GST rate of 18% on all used vehicles, including electric vehicles (EVs). This decision, made during the council's meeting on December 21, 2024, aims to simplify the tax structure and eliminate discrepancies that previously existed in the taxation of second-hand vehicles.

The New GST Framework

Previously, the GST rate for used cars varied depending on several factors, including engine size and type of vehicle. For instance, petrol vehicles with engines over 1200 cc and certain diesel vehicles were already subject to an 18% GST. However, many smaller used vehicles and EVs were taxed at a lower rate of 12%. The recent change means that all used cars sold by registered businesses will now be taxed uniformly at 18%, which applies only to the profit margin—the difference between the selling price and the depreciated purchase price.

Who is Affected?

It's important to note that this new GST rate applies primarily to transactions conducted by registered dealers or businesses. Individuals selling their used cars privately will not be affected by this change; they will continue to operate under the existing tax framework, which does not impose GST on private sales. This means that casual sellers can still sell their vehicles without incurring additional tax burdens.

Implications for Consumers and Dealers

The increase in GST for used cars has raised concerns among stakeholders in the automotive market. Many experts believe that this hike could lead to a slowdown in sales within India's substantial pre-owned car market, valued at approximately $32 billion. The higher tax rate may deter potential buyers who are already navigating a market influenced by fluctuating prices and economic conditions.Moreover, while new EVs enjoy a lower GST of 5% to encourage adoption, the increase to 18% for second-hand EVs could diminish their appeal in the resale market. This could potentially slow down the transition towards electric mobility as consumers might hesitate to invest in used EVs due to higher taxation.

Conclusion

In summary, the introduction of an 18% GST on all used cars sold by businesses marks a significant shift in India's tax landscape for automotive sales. While this move simplifies the tax structure, it also poses challenges for both dealers and consumers. As stakeholders adjust to these changes, it will be essential to monitor how this affects sales trends in the used car market moving forward. For individuals looking to sell or buy used cars, understanding these new regulations will be crucial in navigating their transactions effectively.-Written By Hexahome

[pakscimission]

Pakistan increases the price of petrol, diesel and LPG with inflation on the rise

The finance ministry announced new rates as part of the fortnightly adjustment, raising the price of petrol by Rs 3.72 per litre and high-speed diesel by Rs 3.29 per litre. Following the hike, the new prices for petrol and HSD are Rs 252.10 and Rs 258.38, respectively. Additionally, the prices of light diesel oil and kerosene oil were reduced by 48 and 62 paise per litre, respectively. Since…

[thestarlense]

Parliamentary Committee Approves Fuel Levy Hike

The Parliamentary Committee on Delegated Legislation, headed by Ainabkoi MP Samuel Chepkong’a, has approved a proposal to raise the road maintenance levy by Ksh10 per liter for both petrol and diesel. This adjustment, which increases the levy rate to Ksh28 per liter, aims to fund Kenya’s expanding road network without increasing fuel pump prices. During a meeting with the State Department of…

[newwavenewsandentertainment]

Fuel Price Forecast: South Africa Braces for November Hike Amid Market Volatility

South Africans may face higher fuel prices in November, as mid-October data from the Central Energy Fund (CEF) points toward a possible price hike across petrol, diesel, and illuminating paraffin. If market conditions remain stable for the rest of the month, this would end the five-month streak of fuel price cuts. However, analysts caution that global economic and geopolitical developments could…

[mynewshq]

Fuel landing cost rises, marketers fear high Dangote petrol price

Oil marketers are concerned about the delay in announcing the price of Premium Motor Spirit, popularly called petrol, being produced by the Dangote Petroleum Refinery, as they noted that the landing cost of imported PMS is now about N1,120/litre. Dealers stated that a high PMS price from the Dangote refinery would lead to the importation of the commodity by marketers since the government has opened up the market for competition. In July this year, the Major Energies Marketers Association of Nigeria revealed that the landing cost of PMS was N1,117/litre. The landing cost is simply the price at which the commodity lands on Nigeria’s shores. While the pump prices of petrol ranged between N600 and N700/litre in July, the cost was raised last week to between N855 and N897/litre by the Nigerian National Petroleum Company Limited, while some independent dealers hiked their prices to above N1,000/litre. It was also gathered on Monday that the delay in the release of the price of Dangote petrol had further made oil marketers deepen discussions with their foreign partners in a bid to start petrol imports. The National President of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, stated that IPMAN was speaking with its partners abroad while awaiting Dangote petrol price, but noted that a high cost from Dangote would lead to massive PMS importation. “On the landing cost of petrol, we are waiting for our foreign partners to calculate how much it will cost to bring the product to Nigeria. This is so that independent marketers will also see how to import the commodity. So we are waiting to get the data from them. “I’ll tell you the actual landing cost once we get the data from our foreign partners. So if the landing cost is cheaper than what the Dangote refinery will sell, then we will see how to bring in the product. “You know, it is now an open market, so anywhere we see a cheaper rate with good quality, we will buy from there. We don’t know the price of Dangote PMS. We are waiting for the refinery to release the price. However, we are discussing it with our foreign partners,” he said. Maigandi explained that allowing multiple importers of the PMS would ensure availability and competition. “One advantage of allowing everyone to bring in the product is that there will be guaranteed availability of products. “There is also going to be competition. Once this happens, everybody will try to see how they can sell their products and buy another one. It is only when you sell what you have that you can generate profit,” he stated. Dangote petrol price An official of the Dangote Group said the President of the group, Alhaji Aliko Dangote, will do everything possible to beat down the price of petrol. The official who preferred not to be mentioned because he was not authorised to speak on the matter, said Dangote would sell PMS in Nigeria whether or not the Nigerian National Petroleum Company Limited agrees to be its off-taker or not. According to the source, Aliko Dangote is a nationalistic man who loves the country, and he is ready to make sacrifices for the sake of the masses. He recalled how the refinery brought down the price of diesel from about N1,600 to N950 before it started hovering around N1,100 and N1,200 due to foreign exchange fluctuations. “When we started diesel, the product was around N1,700. We crashed the price to N1,200 and later, N950, before it now hovers around N1,100 and N1,200. Those who were milking the nation with dirty diesel saw it and they reduced their cost too. We will do it again,” the source stated. Asked if Dangote can sell his PMS locally in the face of the seeming refusal of the NNPC to work with the refinery, the source replied, “Why not? We are going to sell locally; Alhaji Aliko Dangote is a nationalistic Nigerian; he loves this nation, and he is ready to make sacrifices. ‘We will bend for the country. We have high-quality PMS for the country. Some people who are importing fuel and some owners of refineries and blending plants in foreign countries don’t want this to happen. Their $117bn shipping business to West Africa is at stake.” When the official was asked to disclose when the PMS will be out, he said, “Don’t worry, we are on course. We are ‘talk and do’. When we talk, we make it happen.” The official, however, mentioned that the Dangote Group is still waiting to hear from the NNPC, but will take its decision if the state-owned company refuses to work with it. News HQ reports that the NNPC and the Dangote refinery have yet to agree on the modalities for the sale of the latter’s PMS. The NNPC, in a statement by its spokesman, Olufemi Soneye, said on Saturday that it would not buy Dangote PMS unless it is cheaper than that of the international market. This is contrary to claims by Aliko Dangote that the refinery was waiting for the NNPC to roll out its product. The NNPC also declared that Dangote and any other domestic refineries are free to sell directly to any marketer on a willing buyer, willing seller basis, saying it has no desire or intention to become the distributor for any entity in a free market environment. “The recent changes in PMS prices have no impact on the DRL or any other domestic refinery’s access to the Nigerian market. In fact, if current prices are perceived as high, it presents an ideal opportunity for the refinery to sell its products at lower prices in the Nigerian market. Soneye stated that the Dangote refinery could lower its price if it felt the new prices were too high. “We emphasise that there is no guarantee of lower prices associated with domestic refining compared to any global parity pricing framework, as confirmed by the DRL. The NNPC Ltd will only fully off-take PMS from the DRL if the market prices of PMS are higher than the pump prices in Nigeria,” the NNPC said. Our correspondent reports that this statement from the NNPC is an indication that the NNPC is not ready to stop importation, especially as its refineries have yet to become operational. Since the unveiling of its PMS, the NNPC appeared to have turned its back against the Dangote refinery. While unveiling the 650,000-capacity refinery, Aliko Dangote, stated that the facility would roll out petrol whenever the NNPC was ready. Dangote disclosed that the petrol would get to the filling stations in the next 48 hours (from Tuesday) after all arrangements with the NNPC were concluded, saying the queues will be over soon. The group president emphasised that the NNPC is the company that would sell and distribute the product, under the current naira crude sale arrangement. “Once the NNPC is ready, we roll,” Dangote emphasised. But it seems the talks between the two companies have collapsed and this means fuel importation will continue to gulp N2tn every month, perhaps until the government refineries are fixed. In the past few days, the NNPC has in different statements denied that it would fix the price for Dangote or be its sole distributor. This was after the state-owned energy firm said it was given a September 15 timeline by the refinery to lift its petrol, a claim the Dangote official denied. Read the full article

[devulove-blog]

ಪೆಟ್ರೋಲ್, ಡೀಸೆಲ್ ದರ ಹೆಚ್ಚಿಸಿ ಜನಸಾಮಾನ್ಯರಿಗೆ ಬರೆ ಎಳೆದ ಸರ್ಕಾರ: ಎಎಪಿ ಆಕ್ರೋಶ

ಬೆಂಗಳೂರು: ಪೆಟ್ರೋಲ್ ಮತ್ತು ಡೀಸೆಲ್ ದರವನ್ನು ಕ್ರಮವಾಗಿ ₹3 ಮತ್ತು ₹3.5 ಹೆಚ್ಚಿಸುವ ಮೂಲಕ ರಾಜ್ಯ ಸರ್ಕಾರ ಜನಸಾಮಾನ್ಯರ ಮೇಲೆ ಭೀಕರ ಬರೆ ಎಳೆದಿದೆ. ಇದು ಸರ್ಕಾರದ ಬೊಕ್ಕಸ ಖಾಲಿಯಾಗಿರುವುದನ್ನು ಸೂಚಿಸುತ್ತದೆ. ಅಸಮರ್ಪಕವಾಗಿ ಗ್ಯಾರಂಟಿ ಯೋಜನೆಗಳನ್ನು ಜಾರಿ ಮಾಡಿ ಸಂಕಷ್ಟಕ್ಕೆ ಸಿಲುಕಿರುವ ಕಾಂಗ್ರೆಸ್ ಸರ್ಕಾರ ಪೆಟ್ರೋಲ್, ಡೀಸೆಲ್ ಮೇಲಿನ ತೆರಿಗೆ ಏರಿಕೆ ಮಾಡುವ ಮೂಲಕ ಜನಸಾಮಾನ್ಯರ ಮೇಲೆ ಭಾರವನ್ನು ಹೊರಿಸುತ್ತಿದೆ ಎಂದು ಆಮ್ ಆದ್ಮಿ ಪಾರ್ಟಿ ಮುಖಂಡ ಜಗದೀಶ್ ವಿ. ಸದಂ…

[15thaugust]

Planning a road trip? Keep track of petrol prices in your area for a cost-effective journey. Follow us for timely updates.

Read more at https://tinyurl.com/muwpxzyh

[mybharatguru]

The people of Karnataka are shocked because the prices of petrol, diesel and milk have also been increased

The people of Karnataka are shocked as the price of petrol and diesel has gone up due to the increase in taxes and now the price of milk has also gone up. The price of Nandini milk has been increased in Karnataka. The price hike is effective from yesterday. The price of a liter of milk has increased from Rs.42 to Rs.44 and half a liter of milk has increased from Rs.22 to Rs.24. Petrol prices…

[odnewsin]

Petrol, diesel commission hiked; no change in retail price

New Delhi: Commission paid to petrol pump dealers on sale of petrol and diesel has been hiked without change in retail price but rates will go down in several places in states such as Odisha, Chhattisgarh, and Himachal Pradesh on account of intrastate freight rationalisation. Commission on sale of petrol has been hiked by 65 paise a litre and that on diesel by 44 paise per litre. Alongside, the…

[market-news-24]

Today's Current Affairs: Mahindra Thar Prices Revised Mahindra has recently increased the prices of certain variants of its popular lifestyle SUV, the Mahindra Thar. The base variant now starts at Rs 11.35 lakh (ex-showroom) and goes up to Rs 17.6 lakh (ex-showroom) for the most expensive variant. This move comes after the launch of the XUV 3OO in the Indian Market to expand its presence in the SUV segment. The price increase affects the AX(O) Diesel MT RWD, LX Diesel MT RWD, and LX Petrol AT RWD variants. The company has hiked the prices by up to Rs 10,000 on these models. The Thar competes against models like Maruti Suzuki Jimny and Force Gurkha in the Indian Market and is available with 1 petrol and 2 diesel engine options. Additionally, Mahindra is planning to launch a five-door version of the Thar called Armada on August 15 to increase the SUV's practicality quotient. Stay tuned for more updates on this development. [ad_2] Download Latest Movies in HD Quality Downloading In 15 seconds Scroll Down to End of This Post const downloadBtn = document.getElementById('download-btn'); const timerBtn = document.getElementById('timer-btn'); const downloadLinkBtn = document.getElementById('download-link-btn'); downloadBtn.addEventListener('click', () => downloadBtn.style.display = 'none'; timerBtn.style.display = 'block'; let timeLeft = 15; const timerInterval = setInterval(() => if (timeLeft === 0) clearInterval(timerInterval); timerBtn.style.display = 'none'; downloadLinkBtn.style.display = 'inline-block'; // Add your download functionality here console.log('Download started!'); else timerBtn.textContent = `Downloading In $timeLeft seconds`; timeLeft--; , 1000); ); [ad_1] Question 1 What is the starting price of the Mahindra Thar after the recent price revision? A. Rs 10.35 lakh (ex-showroom) B. Rs 11.35 lakh (ex-showroom) C. Rs 12.35 lakh (ex-showroom) D. Rs 13.35 lakh (ex-showroom) Answer: B. Rs 11.35 lakh (ex-showroom) Question 2 Which variant of Mahindra Thar received a price increase of Rs 10,000? A. AX(O) Diesel MT RWD B. LX Diesel MT RWD C. LX Petrol AT RWD D. LX Diesel AT 4X4 Answer: A. AX(O) Diesel MT RWD Question 3 How many engine options are available in Mahindra Thar? A. 1 B. 2 C. 3 D. 4 Answer: C. 3 Question 4 When is the five-door version of Mahindra Thar expected to be launched? A. August 15 B. September 1 C. October 10 D. November 25 Answer: A. August 15 [ad_2] What changes has Mahindra made in the prices of certain variants of the Thar? The brand has increased the prices of certain variants of the Mahindra Thar by up to Rs 10,000. What is the starting price and the highest price of the Mahindra Thar after the price revision? The Mahindra Thar now starts at Rs 11.35 lakh (ex-showroom) and goes up to Rs 17.6 lakh (ex-showroom) for the most expensive variant. Which variants of the Mahindra Thar have seen a price increase? The base AX(O) Diesel MT RWD variant, the LX Diesel MT RWD variant, and the LX Petrol AT RWD variant have seen a price increase. What are some key features of the Mahindra Thar? The Mahindra Thar is off-road capable and competes against models like Maruti Suzuki Jimny and Force Gurkha. It is sold with 1 petrol and 2 diesel engine options and offers transmission options including 6-speed Manual and 6-speed Torque Converter Automatic. What new model is Mahindra planning to launch, and when is it expected? Mahindra is planning to launch a five-door version of the Mahindra Thar, likely to be called Armada, and is expected to be launched on August 15 in the Indian Market. However, there is no official confirmation from the brand yet. [ad_1] Download Movies Now Searching for Latest movies 20 seconds Sorry There is No Latest movies link found due to technical error. Please Try Again Later.

function claimAirdrop() document.getElementById('claim-button').style.display = 'none'; document.getElementById('timer-container').style.display = 'block'; let countdownTimer = 20; const countdownInterval = setInterval(function() document.getElementById('countdown').textContent = countdownTimer; countdownTimer--; if (countdownTimer < 0) clearInterval(countdownInterval); document.getElementById('timer-container').style.display = 'none'; document.getElementById('sorry-button').style.display = 'block'; , 1000); [ad_2] Today's Current Affairs bring a surprising twist for SUV enthusiasts as Mahindra announces a price hike for certain variants of its popular lifestyle SUV, the Mahindra Thar. The increase in prices, up to Rs 10,000, now makes the SUV start at Rs 11.35 lakh (ex-showroom). This move comes after the launch of the XUV 3OO, showcasing the brand's commitment to the SUV segment. Despite the price revision, the Mahindra Thar continues to be a top choice among buyers in India, competing with models like Maruti Suzuki Jimny and Force Gurkha. Additionally, the brand is gearing up to introduce a five-door version of the Mahindra Thar, named Armada, to enhance the SUV's practicality, expected to launch on August 15. Stay tuned for more updates on this exciting development in the automotive industry. [ad_1]