All posts tagged: hikes

Successive petrol, diesel price hikes trigger concern in Kerala trade and industry circles

Successive petrol, diesel price hikes trigger concern in Kerala trade and industry circles

Published by Parlour News

Trade and industry are bracing for tough times ahead, as the decision of State-owned oil companies to raise fuel prices for the fourth time in 10 days (file image) | Photo Credit: SUDHAKARA JAIN Trade and industry are bracing for tough times ahead, as the decision of State-owned oil companies to raise fuel prices for the fourth time in 10 days on Monday threatens an overall increase in the prices of essential commodities. It has proved a double whammy for sectors such as hotels and construction, which were already reeling under an exorbitant hike of ₹993 in the price of commercial cooking gas cylinders that came into effect towards the end of last month. The successive fuel price hikes have impacted other sectors as well. The bustling vegetable market in Ernakulam, primarily dependent on supplies from neighbouring States, is preparing for an inevitable price rise, with transporters likely to increase their charges shortly. Supplies to the market mostly come from Oddanchatram and Pazhani in Dindigul district, Coimbatore, and Cumbum in Theni district of Tamil Nadu, …

Third hike in 8 days: Staggered fuel price hikes continue as petrol gets dearer by 87 paise, diesel by 91 paise | Business News

Third hike in 8 days: Staggered fuel price hikes continue as petrol gets dearer by 87 paise, diesel by 91 paise | Business News

Published by Parlour News

Public sector oil marketing companies (OMCs) hiked retail petrol and diesel prices on Saturday, marking the third price increase in eight days as they look to offset losses from high international prices amid an unprecedented global energy crisis. The price of petrol rose by 87 paise per litre, while that of diesel was up 91 paise per litre in Delhi, with corresponding changes in other parts of the country. With Saturday’s price hike, petrol prices in Delhi have gone up by Rs 4.77 per litre and diesel by Rs 4.81 since May 15, when the first price increase in over four years was announced. As of Saturday morning, a litre of petrol was priced at Rs 99.51, while that of diesel was at Rs 92.49 in the capital. Fuel prices vary across the country due to differences in state-level taxes. The latest hike follows a 90-paise-per-litre increase on Tuesday, and a Rs 3-per-litre increase on May 15. The Rs 3-per-litre hike in petrol and diesel prices implemented on May 15 had provided some relief to …

Daily Briefing: Centre hikes petrol, diesel prices by 90 paise; second increase in a week | Live News

Daily Briefing: Centre hikes petrol, diesel prices by 90 paise; second increase in a week | Live News

Published by Parlour News

In a second fuel price hike in less than a week, petrol and diesel prices were increased by 90 paise per litre on Tuesday, further adding to the burden on consumers amid rising inflationary pressures. Despite the revision, fuel rates remained the cheapest in Delhi, where petrol now costs Rs 98.64 per litre, up from Rs 97.77, while diesel prices rose to Rs 91.58 per litre from Rs 90.67. Among the major metros, Kolkata recorded the highest petrol price at Rs 109.70 per litre, while Chennai reported the highest diesel price at Rs 96.11 per litre. The latest hike follows a recent increase of Rs 3 per litre and comes amid elevated global crude oil prices linked to ongoing geopolitical tensions in West Asia. On that note, let’s get to the rest of today’s edition. 👇 🚨 Big Story The Adani Group has secured major legal relief in the United States, with the US Treasury reaching a $275 million settlement with Adani Enterprises over alleged sanctions violations linked to Iranian LPG shipments, while separate criminal …

What is driving petrol, diesel and CNG price hikes in India

What is driving petrol, diesel and CNG price hikes in India

Published by Webster

Commuters across major Indian cities are facing a fresh increase in travel costs as prices of CNG, petrol and diesel have all moved upward in recent revisions. CNG prices in Delhi and Mumbai have been raised by Rs 2 per kg, while petrol and diesel prices have also seen significant increases of around Rs 3 per litre. Together, these changes are expected to directly impact daily transport costs, from private vehicles to autos, taxis and buses. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Air India delays staff salary hikes over rising fuel prices, airspace curbs

Air India delays staff salary hikes over rising fuel prices, airspace curbs

Published by Parlour News

Air India will defer employee annual increments by at least one quarter as part of broader cost-rationalising measures driven by an uncertain economic environment, its senior executives told employees at a townhall on Friday. Air India will defer employee annual increments by at least one quarter as part of broader cost-rationalising measures driven by an uncertain economic environment The airline does not anticipate layoffs, chief human resources officer Ravindra Kumar GP said. The announcement was made at a meeting addressed by Air India chief executive officer Campbell Wilson, alongside Kumar and chief finance officer Sanjay Sharma. “We will continue to pay the performance-related variable pay for last year, that’s decided — the increment for this year we will defer. We will consider as the environment evolves over the course of the year if and when we can pay it. We have budgeted to pay it when the environment gets better, but we are going to withhold it for now…We do not anticipate any need for retrenchments,” Wilson said. Wilson highlighted external challenges affecting the aviation …

Anne Hathaway, Emily Blunt & More Land Massive Pay Hikes Compared To Original Film

Anne Hathaway, Emily Blunt & More Land Massive Pay Hikes Compared To Original Film

Published by Webster

The Devil Wears Prada 2 Cast Salary (Photo Credit: JioHotstar) Nearly 20 years after The Devil Wears Prada became a fashion-movie classic, its returning stars are earning significantly higher salaries for the sequel. What started as a stylish comedy-drama in 2006 has now turned into one of Hollywood’s biggest follow-ups, and the salary figures prove just how much the franchise and its stars have grown over the years. While the original 2006 film already paid its cast impressive amounts at the time, The Devil Wears Prada 2 has reportedly delivered massive pay raises for Meryl Streep, Anne Hathaway, Emily Blunt, and Stanley Tucci. The Devil Wears Prada 2 Salaries VS Original Movie Paychecks Meryl Streep Meryl Streep earned $4.5 million for the original 2006 film, but her reported salary for the sequel has now jumped to $11.5 million, giving her a massive $7 million increase, as per The Tab. Anne Hathaway Anne Hathaway, who was paid $1 million for the first movie, is reportedly earning $10 million for The Devil Wears Prada 2. This marks …

SC hikes wife`s maintenance, rules EMIs cannot override duty to maintain spouse

SC hikes wife`s maintenance, rules EMIs cannot override duty to maintain spouse

Published by Webster

The Supreme Court has enhanced the monthly maintenance payable to a woman from Rs 15,000 to Rs 25,000, holding that a husband’s financial commitments, such as loan repayments for asset creation, cannot take precedence over his statutory obligation to maintain his spouse.  A bench of Justices Sanjay Karol and AG Masih passed the order while allowing an appeal filed by Deepa Joshi against her estranged husband, Gaurav Joshi, challenging the adequacy of maintenance fixed by courts below. The apex court modified a June 26, 2025, order of the Uttarakhand High Court, which had earlier enhanced the maintenance from Rs 8,000 to Rs 15,000 per month. In its order, the Justice Karol-led Bench noted that the husband, employed as a Manager with Canara Bank, was drawing a gross monthly income of Rs 1,15,670 and had a regular source of earnings. It also recorded that the wife has no independent source of income and has been living separately shortly after the marriage. “Repayments of loans, particularly where such repayments result in creation or acquisition of assets, partake …

Yogi govt hikes worker wages amid Noida protest; also claims ‘Pak link’, ‘Naxal revival bid’, points to WhatsApp groups| India News

Yogi govt hikes worker wages amid Noida protest; also claims ‘Pak link’, ‘Naxal revival bid’, points to WhatsApp groups| India News

Published by Parlour News

The Uttar Pradesh government announced an interim minimum-wage hike of around 21% for factory workers in Gautam Buddha Nagar and Ghaziabad on Tuesday, following days of escalating protests in Noida’s industrial belt that left dozens of vehicles torched, over 350 people arrested, and at least five police personnel injured. But even as it moved to address the workers’ core demand, the state government alleged a conspiracy behind the stir — invoking Pakistan, Naxalism, and “anti-national forces”. Heavy police deployment in Noida’s Phase 2 industrial area after workers’ protest over wage hike demands turned violent. (HT Photo) The protests, which began on April 10 at the Hosiery Complex in Noida’s Phase 2, had been building for months. Workers earning between ₹11,000 and ₹15,000 a month — among the lowest wages in the National Capital Region — watched neighbouring Haryana raise its minimum wage by 35% in the first week of April, from ₹14,000 to ₹19,000. Workers doing comparable work just across the state border wanted the same, hence the central demand was a minimum monthly wage …

Government hikes export duty on diesel to Rs 55.5 per litre and ATF to Rs 42

Government hikes export duty on diesel to Rs 55.5 per litre and ATF to Rs 42

Published by Webster

The government on Saturday hiked export duty, or windfall tax, on diesel to Rs 55.5 per litre and on aviation fuel ATF to Rs 42 a litre. The duty hikes would be applicable with immediate effect, the finance ministry said in a notification. The government had, on March 26, imposed an export duty of Rs 21.50 a litre on diesel, and Rs 29.5 per litre on Aviation Turbine Fuel (ATF). The duties were levied to increase domestic availability of the fuel amid the war in West Asia. They were also aimed at not allowing exporters to take undue advantage due to price differences, as globally crude oil prices had risen since the beginning of the war. On February 28, the United States and Israel launched military strikes against Iran, triggering sweeping retaliation from Tehran. On April 8, Iran, the United States and Israel agreed on a two-week ceasefire in the war that tore across the Middle East and disrupted the global energy market.Export duty on petrol continues to remain nil. This story has been sourced …

Gurugram plans circle rate revision, sharp hikes across key sectors

Gurugram plans circle rate revision, sharp hikes across key sectors

Published by Parlour News

The district administration has proposed a revision in circle rates across the Gurugram, with hikes ranging from 8% to 77% for residential housing and up to 145% for agricultural land in different sectors, officials said, as part of a wider Haryana exercise to update collector rates for 2026–27. The revised rates, aimed at reducing the gap between prevailing market rates and notified circle rates, are scheduled to come into effect from April 1, 2026, following a public consultation process. Across Haryana, this marks the third such revision since the 2024 assembly elections, with several districts witnessing proposed increases of up to 75%. Proposal covers residential, commercial and farm land; premium areas see modest rise, expressway sectors face biggest jump. (Parveen Kumar/HT) According to a district government spokesperson, “the proposed rates have been uploaded for public feedback, with objections and suggestions invited until 4.30pm on March 30.” The circle rate is the minimum price at which a residential, commercial, industrial or agricultural property can be registered for sale. These rates vary across different areas and are …