Cut in petrol, diesel prices show PM’s priority towards common man: Shah

BJP chief Amit Shah today said the Modi government’s decision to reduce petrol and diesel prices by Rs 2 shows its priority to giving relief to the common man and farmers at a time when oil price is rising globally.

The government had yesterday cut excise duty on petrol and diesel by Rs 2 per litre each to moderate the relentless rise in fuel prices witnessed for the last three months.

Lauding Prime Minister Narendra Modi for the decision, Shah said in a tweet, “The decision to reduce the impact of rising international oil price highlights the priority the Modi government gives to providing relief to the common man and read more

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Honeypreet Insan held after 38 days on run, to be produced in court today

Fugitive Honeypreet Insan, a close aide and “adopted daughter” of jailed Dera Sacha Sauda sect chief Gurmeet Ram Rahim Singh, was arrested on Tuesday along with another woman. She will be produced in a trial court in Haryana’s Panchkula on Wednesday, police said.

She was arrested from the Zirkapur-Patiala highway in Punjab while travelling in a Toyota Innova, along with a woman associate, a senior police official told IANS. The police had been on her trail for nearly a month and raids were conducted in Nepal, Rajasthan, Bihar and Haryana.

Confirming her arrest, Panchkula Police Commissioner A S Chawla told reporters that Honeypreet would be produced in a court on read more

Vijay Mallya held in UK in money laundering case, gets bail

Beleaguered liquor baron Vijay Mallya was arrested here on Tuesday in a money-laundering case filed by the Enforcement Directorate (ED), before being released on bail by the Westminster Magistrates’ Court.

 

The 61-year-old flamboyant businessman, already out on bail on an extradition warrant executed by the Metropolitan Police earlier this year, was released on the same bail conditions as before to appear for his trial on December 4.

 

Outside the court room, Mallya said he had “done nothing wrong” and described the allegations against him as “fabricated”.  “I deny all allegations that read more

Excise duty on petrol, diesel cut by Rs 2/L; Govt may suffer Rs 26k-cr loss

Facing public resentment over the recent spike in fuel prices, the government on Tuesday cut the excise duty on both branded and unbranded petrol and diesel by Rs 2 a litre from Wednesday.
According to sources, the finance ministry was initially reluctant to reduce the duty due to revenue concerns, but relented after discussions with the petroleum ministry on implementing steps to bring down petrol prices to Rs 60-65 a litre.
While this would hit the revenues of the exchequer by Rs 13,000 crore in the second half of the current financial year at a time when the fiscal deficit has already touched 96 per cent of the Budget Estimates, consumers will get relief as the move would reduce the read more

Don’t let ‘robophobia’ deter growth via manufacturing, exports: Panagariya

The threat to jobs from automation was overstated and “robophobia” should not deter countries from adopting a manufacturing and exports based strategy for rapid economic growth, according former Niti Aayog vice chairperson, Arvind Panagariya.

“One should not freeze in to inaction on account of ‘robophobia’ from following the path of manufacturing and exports that had led some of the Asian countries out of poverty,” Panagariya said on Monday while addressing the UN General Assembly’s committee on economic and financial issues.

“Countries easily have a 15-year window to pursue manufacturing and exports based strategy.”The technologies have to be invented or read more

Cheap fuel: After new highs, experts see petrol, diesel prices falling soon

Diesel prices in Delhi on Tuesday scaled a new all-time high of Rs 59.14 per litre, while other cities too saw a considerable increase.
However, industry experts and the government believe that prices will ease in the next few weeks as international prices are showing a declining trend.
In Delhi, the price of petrol, too, was at a two-year high on Tuesday at Rs 70.88 per litre.
Since the implementation of daily pricing from June 16 this year, Indian basket crude oil has gone up by around 19 per — from $46 a barrel to $55.36 a barrel. However, domestic retail selling prices of petrol  and diesel in Delhi have gone up by only eight per cent during this read more

Las Vegas shooting: Understanding what drives lone offenders

Lone offender attacks – sometimes called “lone wolf” attacks – make headlines fairly regularly. It’s not just the single shooter killing dozens and injuring hundreds in Las Vegas, but also shootings in Washington and Texas shopping centers. In Nice, France; Orlando, Florida; and elsewhere, atrocities committed by individuals apparently acting alone have surprised and concerned the public and authorities alike.

Because just one person is at the center of the event, these sorts of attacks can seem more puzzling and be harder to explain than, say, bombings or shootings by organized terrorist groups. That also makes them more difficult to detect and prevent.

As law enforcement and military efforts attempt to reduce attacks from organized groups, lone read more