Petrol price hiked by 91 paise a litre, diesel by 56 paise over volatile global oil

January 4, 2014

Petrol-price
New Delhi, Jan 4: Petrol prices have risen by 91 paise, while diesel is costlier by 56 paise per litre from Saturday, in line with market trends as the government allowed oil firms to increase fuel rates despite mounting political pressure against the move.

"There is a continued volatility in the international oil prices because of geopolitical and economic developments around the globe," country's biggest fuel retailer Indian Oil Corp said in a statement.

International gasoline rates have increased by $1.6 per barrel since the last revision of its prices and the average depreciation in the rupee was 12 paise that has led to 75 paise per litre hike its price, which is exclusive of local levies, executives in state oil firms said.

"Diesel price is raised by 50 paise without local taxes as per the decision of the Cabinet. Despite the hike we are still losing Rs 9.24 per litre on diesel," one executive said.

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News Network
October 7,2024

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Mangaluru, Oct 7: In a heartbreaking turn of events, the search for Mumtaz Ali, chairman of Misbah Group of Educational Institutions, ended with the discovery of his mortal remains in the Phalguni river near Kulur. The somber discovery came after an exhaustive search, leaving a community in shock and sorrow.

He is the younger brother of former MLA Mohuiddin Bawa and former MLC B M Farookh. 

The incident has taken a deeply distressing turn with the filing of an FIR against six individuals, including a woman, who are accused of pushing Ali to a tragic end. 

The accused allegedly blackmailed Ali, fabricating a story about his involvement in an illicit relationship with the woman. Reports suggest that they extorted Rs 50 lakh from Ali and were unrelenting, demanding an additional Rs 50 lakh from him, casting a shadow over his final days.

The complaint, lodged by Ali’s grieving brother, accuses these individuals of driving him to despair through relentless blackmail and false accusations, ultimately leading him to take the tragic step.

In the early hours of Sunday, Ali left his home at 3 am, heading towards Suratkal, perhaps seeking some solace. A minor accident occurred when his car collided with a private bus near MCF. Despite the mishap, he offered a heartfelt apology to the bus driver and conductor—a gesture that now echoes with the pain of his unspoken struggles. After the collision, Ali made a U-turn near Panambur circle, driving back towards Kulur bridge, where his journey came to a sorrowful end.

Ali’s last moments hold an even deeper sadness, as he left behind a voice message in Byari, naming an individual who had been tormenting him mentally. Sent to his daughter and a close friend, the message revealed the unbearable burden he was carrying, hinting at his final decision to end his suffering.

This tragic loss has left the community and his loved ones grappling with unanswered questions and a profound sense of grief. As the investigation unfolds, the memory of Mumtaz Ali lingers, a reminder of the silent battles that too often go unseen.

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