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Petrol Nears ₹80 Mark, Diesel At New High After 16th Price Hike In A Row

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Petrol Nears ₹80 Mark, Diesel At New High After 16th Price Hike In A Row

Petrol Price On Monday Was Hiked By 33 Paise Per Litre And Diesel By 58 Paise To Take Retail Rates To Record High As The Oil Companies Increased Prices For The 16th Day In A Row.

Petrol Price In Delhi Was Hiked To ₹79.56 Per Litre From ₹79.23 While Diesel Rates Were Increased To ₹78.55 A Litre From ₹78.27, According To A Price Notification Of State Oil Marketing Companies.

In 16 Days, Petrol Price Has Been Hiked By ₹8.3 Per Litre And Diesel By ₹9.46 – A Record Increase In Rates Of The Fuel In Any Fortnight Since Pricing Was Deregulated In April 2002.

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Rates Have Been Increased Across The Country And Vary From State To State Depending On The Incidence Of Local Sales Tax Or Value Added Tax (VAT).

Also Read: Actor Sushant Singh Rajput Committed Suicide At His Home In Bandra

The Increase In Rates Since June 7 Is The Highest In Any Fortnight. When Petrol And Diesel Pricing Was Deregulated In April 2002, Oil Companies Revised Rates Every Fortnight In Line With The Cost. They Switched To Daily Price Revision In May 2017 To Allow Cost To Reflect Instantaneously In Retail Rates.

According To Pricing Data, The Maximum Rates Have Increased In Any Fortnight Was ₹4 To ₹5 Per Litre.

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The 16th Daily Increase In Rates, Since Oil Companies On June 7 Restarted Revising Prices In Line With Costs After Ending An 82-Day Hiatus In Rate Revision, Has Taken Diesel Prices To Fresh Highs. Petrol Price To Is At A Two-Year High.

Prior To The Current Rally, The Peak Diesel Rates Had Touched Was On October 16, 2018, When Prices Had Climbed To ₹75.69 Per Litre In Delhi. The Highest-Ever Petrol Price Was On October 4, 2018, When Rates Soared To ₹84 A Litre In Delhi.

Also Read: A ‘500 Years Old’ Temple, Submerged In The Mahanadi In Odisha, Is 60 Feet In Height.

In Mumbai, Petrol Price Has Gone Up From ₹86.04 Per Litre To ₹86.36 On Monday. Diesel Rates Have Increased To ₹77.24 A Litre From ₹76.69 A Litre, According To The Price Notification.

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The 82-Day Freeze In Rates This Year Was Imposed In Mid-March Soon After The Government Hiked Excise Duty On Petrol And Diesel To Shore Up Additional Finances.

The Government On March 14 Hiked Excise Duty On Petrol And Diesel By ₹3 Per Litre Each And Then Again On May 5 By A Record ₹10 Per Litre In Case Of Petrol And ₹13 On Diesel. The Two Hikes Gave The Government ₹2 Lakh Crore In Additional Tax Revenues.

Oil PSUs Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) And Hindustan Petroleum Corp Ltd (HPCL), Instead Of Passing On The Excise Duty Hikes To Customers, Adjusted Them Against The Fall In The Retail Rates That Was Warranted Because Of Fall In International Oil Prices To Two Decade Low. International Oil Prices Have Since Rebounded And Oil Firms Are Now Adjusting Retail Rates In Line With Them.

News Source: TheHindu

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Also Read: What Makes Centre-State Relations Different In National Capital?

Waqf row

Waqf row: Can’t stay law made by Parliament when validity presumed, Centre tells SC

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Waqf row: Can’t stay law made by Parliament when validity presumed, Centre tells SC

The Centre has sought the Supreme Court to dismiss pleas challenging the validity of the Waqf Act, 2025, stating that there cannot be a “blanket stay” on the law due to a “presumption of its constitutionality.” The government defended the law, claiming that after 2013, there were over 20 lakh hectares of waqf land added. The affidavit also claimed misuse of earlier provisions to.

The Supreme Court of India has dismissed a petition filed by NGO Abhinav Bharat Congress, which sought the apex court’s powers under Article 142 of the Indian Constitution to be granted to the high courts. The Supreme Court has previously exercised its power under Article 142 in the case brought by the Tamil Nadu government against state governor RN Ravi

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The Supreme Court has stated that the amendments were undertaken after a comprehensive, in-depth and analytical study by a parliamentary panel having members from major political parties. The government has acted within its domain to ensure that religious endowments like waqf are managed in a manner that upholds the trust reposed in them by the faithful society.

A bench headed by Chief Justice Sanjiv Khanna is slated to hear the matter on May 5 on passing of interim orders. The Supreme Court has also rejected a plea seeking Article 142 powers for high courts, which requires an amendment to the Constitution. The court has encroach upon private and government properties. stated that the power conferred under Article 142 of the Constitution is only on this court and not the high courts.

At large, without trespassing on religious autonomy. The law, the Centre said, was valid and result of a lawful exercise of legislative power ​In a significant legal development, the Indian government has urged the Supreme Court to dismiss petitions challenging the constitutional validity of the Waqf (Amendment) Act, 2025. The Centre emphasized that laws enacted by.

Parliament carry a presumption of constitutionality and should not be subjected to a blanket stay without thorough judicial scrutiny The government’s stance was articulated in a comprehensive 1,332-page preliminary counter-affidavit filed by the Ministry of Minority Affairs. The affidavit defended the amendments as a lawful exercise of legislative power.

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A central point of contention in the petitions is the inclusion of non-Muslim members in Waqf Boards and the provision concerning ‘waqf by user’. The Centre argued that the inclusion of up to two non-Muslim members among the 22 members of the Waqf Council and Auqaf Boards is a measure of inclusiveness and does not intrude upon the administration of waqfs asserting.

The Supreme Court, while refraining from granting an interim stay on the Act, has directed the Centre to maintain the status quo. This includes halting new appointments to Waqf Boards and refraining from altering the character of waqf properties, including those registered under ‘waqf by user’, until the next hearing scheduled for May 5 that Parliament acted within its.

The court’s interim order underscores the need for a balanced approach, acknowledging the presumption of constitutionality of parliamentary laws while ensuring that the rights and concerns of all stakeholders are adequately addressed. As the legal proceedings continue, the Supreme Court’s final verdict will have significant implications for the administration of waqf.

Properties and the broader discourse on religious endowments in India domain to ensure the proper management of religious endowments like waqf In response to multiple petitions challenging the constitutional validity of the Waqf (Amendment) Act, 2023, the told the Supreme Court that a law passed by Parliament cannot be stayed merely because its.

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