Chennai: The Centre collected Rs 3.72 lakh crore as excise duty from petrol and diesel in 2020-21. Of this, around Rs 20,000 crore has gone to the states. A total of Rs 3,71,908 crore was collected as central excise duty, including cesses, in the last fiscal. The collection was 108.5 per cent higher than Rs […]
Category: Deccan Chronicle
Deccan Chronicle
Ather starts second factory
PUNE: Ather Energy, manufacturer of electric two-wheelers, is setting up a second plant adjacent to its existing facility at Hosur in Tamil Nadu to ramp up its capacity to 400,000 units a year from 120,000 at present to meet rising demand for its electric scooters. The factory will also focus on lithium-ion battery manufacturing. The […]
Petrol, diesel price to fall only on sustained drop in international oil prices
New Delhi: Petrol and diesel prices will be reduced only if the current drop in international oil prices is sustained for a few more days, as domestic retail prices are fixed on a 15-day rolling average, official sources said. Global benchmark Brent crude oil prices remained largely range bound at around USD 80 to 82 […]
Heavy rains in Andhra Pradesh, three trains cancelled in Padugupadu-Nellore section
New Delhi: The Eastern Central Railway has cancelled three trains due to heavy rains and waterlogging at the bridge in the Padugupadu-Nellore section on Monday. The trains that have been cancelled include 22352 Yashwantpur-Patliputra Express, 12295 Bengaluru-Danapur Sanghamitra Express and 06509 Bengaluru-Danapur Express.
Four coal miners die in Srirampur roof collapse
Adilabad/Hyderabad: Four coal mine workers of Singareni Collieries Company Limited (SCCL) were killed when a part of the roof of an underground mine in SCCL’s Srirampur 3 and 3A incline in Mancherial district collapsed on them Wednesday morning. All the four deceased were tasked with making the section of the mine safe after blasting that […]
India invites GCC Nations to invest in sustainable energy sectors
Dubai: India invited the Gulf Cooperation Council (GCC) member countries yesterday to invest in the sustainable energy sectors in the country, which is one of the major focus areas of the government. Addressing the representatives of the GCC countries at India pavilion EXPO2020 Dubai, Vipul, Joint Secretary, Gulf, MEA said that India’s sustainable energy sector […]
Petrol price further cut by Rs 8, diesel by Rs 9 in BJP-ruled states
New Delhi: Petrol price has been further reduced by as much as Rs 8.7 per litre and diesel by Rs 9.52 in BJP ruled states and UTs – from Ladakh to Puducherry – as they matched the central government’s announcement of a cut in excise duty with slashing of local sales tax (VAT) rates. Buckling […]
High energy prices hit industrial production, says World Bank
Chennai: Industrial production has been impacted by high energy prices in India and this could weigh on economic growth of the country. Natural gas and coal prices are expected to remain at high levels through the start of 2022, finds the World Bank. Industrial production in China and India has been negatively impacted by electricity […]
Petrol, diesel prices hiked for fifth straight day
New Delhi: Petrol and diesel prices witnessed a hike for the fifth consecutive day across the country on Sunday. With a hike of Rs 0.35, the price of petrol in the national capital increased to Rs 107.59 per litre. The price of diesel also saw a hike of Rs 0.35 in Delhi thereby amounting to […]
Vehicular traffic to be smooth with completion of Benz Circle flyover-2
VIJAYAWADA: The traffic hassles on the national highway at Benz Circle in Vijayawada will end by next month with the completion of Benz Circle flyover-2. Nearly a lakh of vehicles used to pass through Benz Circle and hence a flyover was constructed to ease traffic in part, after which the flyover-2 construction started and the […]
Work on Railway coach workshop near Kurnool to be expedited
KURNOOL: Hope is pinned on the completion of a railway coach midlife workshop at Kurnool as the local MP sought intervention of the Gadwal collector to solve the contentious land issue. About 7.5 acres of land that falls on the Telangana side ran into dispute as the landowners sought a higher compensation. The issue is […]
Petrol, diesel prices hiked for fourth consecutive day
New Delhi: Petrol and diesel prices were hiked for the fourth consecutive day across the country on Saturday. With a hike of Rs 0.35, the petrol prices increased to Rs 107.24 per litre in the national capital while the price of diesel was raised by the same amount to Rs 95.97 per litre.