Business
Petrol price hiked for 14th time in 2 weeks, touches ₹105 per litre in Delhi
Gasoline and diesel prices across the country rose again on Friday, the second consecutive increase after a two-day suspension. Gasoline prices in the capital rose by ₹0.35 to ₹105.14 per liter, while diesel prices rose to ₹93.87 per liter.
In Mumbai, commonly known as the financial capital of India, gasoline prices rose by 0.34 rupees to 111.09 rupees per litre, and diesel prices rose by 0.37 rupees to 101.78 rupees per litre. Gasoline and diesel prices in Kolkata, West Bengal are 105.76 rupees and 96.98 rupees, respectively, and Chennai are 102.40 rupees and 98.26 rupees respectively.
In Bangalore, the price of gasoline is 108.80 rupees per liter and the price of diesel is 99.63 rupees, while in Hyderabad, the price of a liter of gasoline is 109.37 rupees, the price of diesel is 102.42 rupees, and the price of diesel is 102.42 rupees per liter. This is the 14th time that gasoline prices have risen in two weeks, while diesel prices have risen 17 times in three weeks. Petroleum companies started to increase car fuel prices last week.
After 7 consecutive days of rising, prices were suspended on October 12th and 13th. Although the gasoline price in most parts of the country has exceeded 100 rupees per liter, but in Madhya Pradesh, Rajasthan, Orissa, Andhra Pradesh, Telangana, Gujarat, Maharashtra States, Chattisgarh, Bihar, Kerala, Karnataka and Leh. Prices vary from state to state, depending on the occurrence of local taxes. Getting rid of the mild price change policy, state-owned fuel retailers began to pass on greater costs to consumers from October 6. This is because the international benchmark Brent crude oil jumped to around US$84 per barrel for the first time in seven years. On September 13, the trading price of Brent crude oil was $73.51.
As a net importer of oil, India prices gasoline and diesel at prices comparable to international prices. The surge in international oil prices ended the three consecutive weeks of suspension of gasoline rates on September 28 and diesel rates on September 24. Since then, the price of diesel has increased by 4.9 rupees per liter and the price of gasoline has increased by 3.9 rupees. Prior to this, gasoline prices rose by ₹11.44 per liter between May 4 and July 17. During this period, diesel prices increased by ₹9.14.
News Source : Mint
Business
Virat Kohli pays tribute to Ratan Tata, Jay Shah ‘deeply saddened’ by veteran industrialist’s demise
%20(3).jpg "Virat Kohli pays tribute to Ratan Tata, Jay Shah ‘deeply saddened’ by veteran industrialist’s demise")
Tributes continue to pour in for Ratan Tata, with Virat Kohli and Jay Shah taking to their social media accounts to bid farewell to the industrialist.
Former Indian captain and batting legend Virat Kohli paid a touching tribute to Ratan Tata, the legendary business tycoon, who passed away on Wednesday night. Tata, a Padma Vibhushan recipient, was undergoing treatment in intensive care since Monday but breathed his last in Mumbai, leaving a profound impact on many across the nation.
Kohli expressed his condolences through his Instagram account on Thursday morning, sharing a heartfelt message along with a photo of the late industrialist.
Tata’s contribution to business, society, and philanthropy has been widely acknowledged, and his passing marks the end of an era.
The Board of Control for Cricket in India (BCCI) secretary, Jay Shah, also conveyed his sorrow, stating, “Deeply saddened by the loss of Shri Ratan Tata Ji. His leadership, integrity, and dedication to society set a remarkable standard for legacy. My heartfelt condolences to his loved ones. Rest in peace, Sir.” Shah’s words reflect the collective grief of a nation that has long admired Tata’s contributions to the country.
BCCI’s tribute
Additionally, the BCCI issued a statement about his demise.
“The BCCI expresses its deepest sorrow and joins the nation in mourning the passing of Shri Ratan Tata ji. His invaluable contributions across diverse fields have been instrumental in shaping India’s growth and success story.
His extraordinary legacy, founded on the principles of passion, empathy, visionary leadership, innovation, and excellence, will continue to inspire and guide future generations for years to come,” the statement read.
Ratan Tata, born on December 28, 1937, in Mumbai, embarked on his journey with the Tata Group in 1962 as a young executive. Over the decades, he transformed the group into a global conglomerate. His work was acknowledged with India’s second-highest civilian honour, the Padma Vibhushan, in 2008, and he received numerous accolades, including honorary doctorates from prestigious institutions in India and abroad.
Tata is survived by his family, including brothers and sisters Simone Tata, Jimmy Tata, Noel Tata, Aloo Tata, Shireen Jejeebhoy, Deanne Jejeebhoy, Leah Tata, Maya Tata, Neville Tata, Manasi Tata, Jamset Tata, Tiana Tata, and others, as mentioned in a family statement.
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