New Delhi, Reacting to the steep petrol price hike, the main opposition party BJP demanded an immediate rollback of what it described as a cruel joke on the people. Spokesperson Prakash Javadekar said the hike was "atrocious and unbelievable" and announced that his party would launch a stir against the government decision. "We condemn the petrol price hike and seek its rollback. We will not allow it to happen. A strong democratic agitation is on the cards," Javadekar said. Strongly opposing the move, the Left parties called upon their units to immediately launch protests all over the country. "It is a cruel blow on people who are already suffering from severe price rise. The Left parties have called upon all party units to immediately organize powerful protest actions," CPM general secretary Prakash Karat said. His colleague Sitaram Yechury said the move was a "criminal additional burden" on people's livelihood. Leaders of the CPI, RSP and Forward Bloc also opposed the move, with CPI leader D Raja saying this was a "prelude to hike the prices of diesel and other petroleum products". "It is a disaster. It will further push up inflation to the skies, dampen ...
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New Delhi, Gold prices rose by Rs 55 to touch fresh all-time high of Rs 29,750 per 10 grams in the bullion market here today on sustained buying from stockists and investors even though the metal declined in global markets. Silver, on the other hand, remained under selling pressure and declined by Rs 300 to Rs 55,900 per kg on lack of buying support. Traders said sustained buying by stockists and investors along with a weakening rupee pushed the gold's prices to scale new height even though globally the yellow metal prices were down. In London, gold fell by 0.4% to $1,628.90 an ounce. The trend in the overseas markets normally sets a price in the domestic market as well, they added. Back home, gold of 99.9 and 99.5% purity rose by Rs 55 each to Rs 29,750 and Rs 29,610 per 10 grams, respectively. Sovereign followed suit and rose by Rs 50 to Rs 23,800 per piece of eight grams. Silver ready, however, fell further by Rs 300 to Rs 55,900 and weekly-based delivery by 310 to Rs 56,400 per kg. Silver coins too declined by Rs 1,000 to Rs 65,000 for buying and Rs 66,000 for selling of 100 pieces on reduced ...
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Jalandhar, January 15 (DNS)- The decision of the Congress-led UPA government to allow duty-free import of white sugar till December-end finally brought the sugar price down by Rs 5 a kg in the city. It has been hovering around Rs 50 for the past many days. Retailers in the city today sold sugar at Rs 45 per kg, much to the respite of the common man. Local traders maintained that the sugar price was expected to decline further in the coming days. “At present, we are bringing sugar from Khattoli in Uttar Pradesh. And looking at measures taken by the Centre, the price may decline even more,” said a retailer. ...
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