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21 Mar 2018, Edition - 981, Wednesday


  • J&K: 2 cops and 2 Army jawans martyred in Kupwara encounter; 4-5 terrorists still holed up
  • Sensex closed 139.42 points or 0.42% higher at 33,136.18 after rising as much as 350 points during intraday high
  • Both telcos are locked in a fierce battle for subscribers and need to invest in expanding their 4G network
  • The ₹ 6 Lakh reward will be part of the revised ‘Rehabilitation Policy for Militants
  • 15-year-old girl student commits suicide at her home on Tuesday by hanging herself from a ceiling fan
  • Maharashtra: 5 men linked to ISIS terror outfit arrested by ATS; plot to target Bodhgaya foiled.
  • DMK’s Stalin writes to CMs of 10 states, demanding fiscal autonomy for states
  • Former Maharashtra CM Sushilkumar Shinde speaks on Congress’ U-turn on Lingayats
  • Disruption in Lok Sabha leads to the house being adjourned for the day
  • Ceasefire violations at an all-time high as Pak has violated ceasefire 600 times in nearly 2 months


Jayalalithaa demands new price fixation mechanism for petrol, diesel

Covai Post Network

Chennai: Condemning the latest increase in fuel prices, the Tamil Nadu Chief Minister J Jayalalithaa today demanded that a new mechanism be implemented to decide the prices of petrol and diesel.

In a statement, she said that she had often pointed out that “determining prices of petrol and diesel based on international fuel rates is not right,” and demanded that the latest price-hike be rolled back.

Accusing the centre of not passing on the benefits of the global fall in crude oil prices to the masses by revising the excise duties, she said that the current price fixation mechanism helps oil marketing companies make profits. “The hike will result in increase in prices of goods which will severely impact the poor and middle classes,” she said.

Condemning the hike in petrol and diesel prices due to global trends, Jayalalithaa added that fuel prices must be based on factors like cost of imported crude and its refining.