Fuel rates hiked again: Petrol above Rs 110, diesel above Rs 100 in many parts of India

News Network
October 17, 2021

New Delhi, Oct 17: Petrol and diesel prices on Sunday rallied to their highest ever levels across the country, as fuel rates were hiked again by 35 paise a litre.

The price of petrol in Delhi rose to its highest-ever level of Rs 105.84 a litre and Rs 111.77 per litre in Mumbai, according to a price notification of the state-owned fuel retailers. In Mumbai, diesel now comes for Rs 102.52 a litre; while in Delhi, it costs Rs 94.57.

This is the fourth straight day of 35 paise per litre increase in petrol and diesel prices. There was no change in rates on October 12 and 13.

Diesel prices have now increased 19 out of the last 23 days taking up its retail price by Rs 5.95 per litre in Delhi.

With diesel prices rising sharply, the fuel is now available at over Rs 100 a litre in several parts of the country. This dubious distinction was earlier available to petrol that had crossed Rs 100 a litre-mark across the country a few months earlier.

Petrol prices had maintained stability since September 5, but oil companies finally raised the pump prices last week. Petrol prices have also risen on 16 of the previous 19 days taking up its pump price by Rs 4.65 per litre.

OMCs had preferred to maintain their watch prices on the global oil situation before making any revision in prices. This is the reason why petrol prices were not revised for the last three weeks. But extreme volatility in the global oil price movement has now pushed OMCs to effect the increase.

Crude price has been on a surge rising over three year high level of over $ 84.6 a barrel now. Since September 5, when both petrol and diesel prices were revised, the price of petrol and diesel in the international market is higher by around $9-10 per barrel as compared to average prices during August.

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News Network
October 28,2024

Bengaluru: The Enforcement Directorate on Monday undertook fresh searches in connection with the Mysuru Urban Development Authority (MUDA) linked money laundering case in which it has booked Karnataka Chief Minister Siddaramaiah, official sources said.

About seven-eight premises in Bengaluru and Mysuru are being covered, the sources said.

The federal agency had conducted the first round of raids in this case on October 18 when it searched the MUDA office in Mysuru and some other locations.

It also questioned some lower-rank officials of the MUDA at its Bengaluru zonal office last week.

The ED has filed a enforcement case information report (ECIR) under the Prevention of Money Laundering Act (PMLA) to book the CM and others taking cognisance of a Lokayukta FIR.

Siddaramaiah is facing Lokayukta and ED probes into alleged irregularities in the allotment of 14 sites to his wife by the MUDA.

Siddaramaiah's wife Parvathi B M, brother-in-law Mallikarjuna Swamy, Devaraju -- from whom Mallikarjuna Swamy purchased land and gifted it to Parvathi -- and others are named as other accused in the case by the two probe agencies.

Parvathi was recently questioned by the Lokayukta.

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News Network
October 26,2024

Mangaluru, Oct 26: In a distressing case of online harassment, Surathkal police in Mangaluru have apprehended a man, identified as Shariq, on charges of cyber harassment that allegedly led a woman to attempt suicide. 

The case took a dark turn when the woman reported that her Facebook account was hacked, leading to an influx of explicit, threatening messages directed at her brother, Kishan, and friend, Harshith.

According to Commissioner of Police Anupam Agrawal, the complaint, registered on October 22, specifically accused Shariq of orchestrating the harassment. Summoned for questioning, Shariq’s mobile phones and social media accounts were initially reviewed, but no conclusive evidence surfaced.

The case escalated when the woman reportedly received more abusive messages on October 24, pushing her to a point of desperation. Following her suicide attempt, police intensified the probe, reaching out to social media platforms for further verification. 

The Surathkal police have filed charges under sections 78(1)(i), 351(1 & 2), and 3(5) of the BNS, with the investigation ongoing to uncover the full extent of the cyber harassment network.

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News Network
October 25,2024

occupation.jpg

A substantial wave of Israeli settlers is migrating to Cyprus, fueling concern over what analysts are calling a “silent occupation” as Israeli buyers snap up properties across the island. Following Israel’s recent military offensives in Gaza and Lebanon, thousands of Israelis have reportedly relocated, seeking real estate and creating enclaves of secretive luxury resorts that cater exclusively to affluent settlers. This shift represents the third major wave of Israeli migration to Cyprus, driven by a mix of war fallout, economic pressures, and Israel's internal political unrest.

Dimitri Lascaris, an investigative journalist and activist, reports on the rapid real estate acquisition in Cyprus, revealing that Israelis have been “buying anything in sight” amid the recent regional crises. He warns of an underlying agenda, stating that Cyprus has historically been viewed by Zionist ideologues as a potential site for a Jewish settlement due to its proximity to Israel and suitability for European-style development. Lascaris draws a link to early Zionist ambitions for Cyprus, recalling the Third Zionist Congress of 1899 when David Trietsch and Theodor Herzl both championed Cyprus as a base for Jewish settlement—a precursor to claiming Israel itself by force.

This migration, which has swelled Cyprus’s Israeli community from 6,500 in 2018 to over 12,000 by April 2024, has sparked an influx of 250-300 Israelis monthly. This quiet but steady stream has led to a larger presence of Israelis in Cyprus, with many pursuing strategic real estate purchases despite legal restrictions. Under Cypriot law, foreign entities can only acquire 500 square meters of land. However, by registering as Northern Cyprus firms and securing at least 51% Turkish Cypriot ownership, Israeli companies can circumvent this rule, enabling them to buy extensive tracts of land.

Cyprus’s geopolitical position—close to Israel, with NATO membership and new gas reserves—amplifies the strategic importance of this quiet expansion. Additionally, the island hosts a significant UK military base at Akrotiri, which has served as a launch point for aircraft bound for Palestinian territories, further heightening the controversy around Israeli-Cypriot connections.

Economically, the high cost of living in Israel and divisive internal issues, such as Prime Minister Benjamin Netanyahu’s contentious judicial reforms, have also driven migration from the occupied lands. According to a Hebrew-language report by Maariv, the first seven months of 2024 saw an exodus of 40,000 Israeli settlers—nearly triple previous years’ numbers—primarily to Cyprus and other nearby regions.

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