The ministerial panel on fuels under finance minister Pranab Mukherjee deferred a decision on either allowing oilmarketing companies to set pump prices in tune with international trend or simply raise petrol and diesel prices to reduce losses of state-run companies, ostensibly because key members could not attend the meeting on Monday.
Petrol, Diesel, LPG Price Hike Likely Today
A ministerial panel may on Monday decide on raising petrol and diesel prices by up to Rs 3.50 a litre and domestic LPG rates by Rs 25-50 per cylinder, besides considering raising kerosene prices marginally.
Doodle 4 Google (National Winner – 2010)
AI, Jet, Kingfisher Cancel Flights to Europe
Air India, Jet Airways and Kingfisher Airlines on Monday cancelled their flights to the UK and other parts of Europe in the wake of huge clouds of volcanic ash emanating from Iceland. Air India and Jet would, however, operate their flights to the US and Canada by taking a diversion, sources in these airlines said.
Shashi Tharoor out
Shashi Tharoor was asked to resign as the Congress did not want to face an embarrassment in Parliament trying to defend a weak case. Moreover, the Congress core group felt that the govt had nothing to do with the IPL.