Fuel rates have been on fire since mid-August, rising nearly every day due to a combination of a drop in rupee value and rise in crude oil rates.
In Mumbai, the Petrol at Rs 86.56/litre (increase by Rs 0.31/litre) and diesel at Rs 75.54/litre (increase by Rs 0.44/litre). "If taxes are cut, prices will decline significantly", he said. Petrol price had previously hit its highest level five months ago on May 29.
The prices of PNG were raised by Rs 1.11 per standard cubic meter, costing now at Rs 28.25 per scm, while same in Noida, Greater Noida and Ghaziabad would be Rs 30.10 per scm, which has been increased by Rs 1.26 per scm. Current account deficit (CAD) is already widening and an excise duty cut will disturb fiscal deficit (target).
With imports becoming costlier because of a free-fall in rupee against the USA dollar, the government believes the current account deficit will overshoot the target and it can not "disturb fiscal maths by cutting excise duty on petrol and diesel", the official, who wished not to be identified, said.
It's necessary to bring worldwide factors in line to curb the surge in prices, Pradhan added. OPEC had said to increase the production of oil by one million barrel per day but it has been two months (July and August) but they have not done this so far. Due to sanctions on Tehran from the US, India had to reduce its imports from Iran, subsequently reducing the total fuel availability in the country. "Secondly, global currencies have weakened against the U.S. dollar", he said. There is a pressure on oil prices due to decrease in production. And, the rupee will also touch the century mark.
The deal also proposes requiring a significant portion of automobile parts - 75 percent - be made in the USA and Mexico . It is still unclear whether the United States and Canada will work out their differences in the next few weeks.
Pakistan is still believed to have the strongest influence over the Taliban, making its cooperation necessary for peace talks. Trump used his first tweet of 2018 to attack the Pakistani government saying they shelter the "terrorists we hunt".
The 14th-year veteran is the league's all-time leader in passer rating (103.8) and interception rate (1.6 percent). Schefter later reported that the deal includes $103m practically guaranteed and $67m due before the end of 2018.
McCain, who died at the age of 81 last Saturday after a lengthy battle with brain cancer, was an iconic figure in U.S. politics. She described "the America of John McCain" as the America of the Revolution, Abraham Lincoln and members of the armed services.
A private memorial service was held for Sen. "Courage is not the absence of fear, but the capacity to act despite our fears". He understands us.' And I must confess, he did understand us. "If that makes somebody mad, I'll just live with that".
Greater Grace's Bishop Charles Ellis III says he wants all - even the famous - to leave with a "spiritual awakening". That's a nod to her funky '80s tune of the same name that prominently featured the auto in the lyrics and video.
Authorities say the man was found dead from a single gunshot wound after deputies responded to a welfare call. As reported by the Independent, the Montgomery woman luckily has also been found safe and sound.
Venus later joked that her younger sister had had an unfair advantage: "It was two against one", the older Williams said. Dahya said incidents like these play a part in the #MeToo conversation over assault, harassment and gender disparity.
The proposed deal between Mexico and the United States intensifies pressure on Canada to agree to the same terms. Canadian Foreign Minister Chrystia Freeland will arrive in Washington , D.C., on Tuesday to meet with U.S.
Still, those are the only two times Donaldson has appeared in games since May, so he remains something of an unknown for 2018. The third baseman only played in his first rehab game on Tuesday night in Dunedin, Fla., for Toronto's Class-A affiliate.
Police say the westbound lane is closed as they investigate what caused the accident that caused multiple injuries and casualties. Greyhound said a total of 47 passengers were on board during the time of the crash.
Unseeded Millman sends Federer crashing out of US Open
Prior to this match Federer had not lost a set as he he continues his chase for a sixth US Open triumph and 21st grand slam title. In the women's draw, Madison Keys eased into the quarter-finals with a 6-1, 6-3 victory over Slovakia's Dominika Cibulkova.
Apple to unveil to new iPhone models!
The Company is likely to unveil multiple new iPhones and possibly a new Apple Watch and an updated iPad Pro . The Apple Watch 4 is expected to look slightly different with thinner bezels than the previous models.
Halle Berry trolls Prince Harry and reveals teen crush
On Tuesday, DailyMail.com published resurfaced photos of Prince Harry's dorm room while he was a student at Eton College . He's also got a great assortment of mugs and family photos - including a framed portrait of Princess Diana on his desk.
Ariana Grande to perform at Aretha Franklin's funeral
I was able to visit with her a few times there at the apartment and to hold her hand and to YouTube my dad singing Joy Bells. On the inside of the lid embroidered into the fabric is " Aretha Franklin the Queen of Soul".