Former finance minister P Chidambaram took a dig at PM Narendra Modi-led Central Government, for the handling of a host of issues including the falling rupee, employment generation and LPG price rise. In an interview, Chidambaram said the depreciating rupee was attributed to falling in exports, high inflation rate and outflow of foreign portfolio investments. He added, how one million jobs drive, as a reason for unemployment in India.
Courtesy: Press Trust of India
Indian consumers received another jolt after Indraprastha Gas Limited (IGL) increased PNG (piped natural gas) gas by Rs 1, per standard cubic metre, in effect from March 24. With this, the PNG will be available for Rs 36.61 per unit in Delhi, Rs 35.86 in Noida, Rs 34.81 in Gurugram, and in Meerut, Shamli and Muzaffarnagar, the new rate is Rs 39.37. Furthermore, approximately 72 lakh households use PNG.
Amid the rising fuel prices in India, the petroleum companies hiked the prices for commercial LPG cylinders of 19 kg by Rs 266 in the country on November 1. However, the prices for domestic LPG cylinders were left untouched. In Delhi, a commercial cylinder costs Rs 2,000.50 instead of Rs 1,734. Whereas the same cylinder comes at Rs 2,073.50 in Kolkata, 2,133 in Chennai, and 1,950 in Mumbai.
Courtesy: Live Mint