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Monday
December 2021
10:45 AM IST
News Headlines
BWF World Tour Finals: Lakshya Sen collapses in semi-final against Viktor Axelsen        Multiply an IVF-tech startup launches is its AI-based platform that will replace conventional processes in IVF clinics        At least 31 people killed by terrorists' attack on bus in Mali        Former chief minister of undivided Andhra Pradesh Konijeti Rosaiah dies at 88        1,495 teachers in Kerala schools yet to get vaccinated        Fourth case of Omicron in India, 33-year-old Maharashtra man tests positive for new COVID-19 variant        Actor Brahma Mishra found dead at his residence in Mumbai        “Comeback King"-A short-film by KKR on Sunil Narine’s incredible journey as a cricketer        Honda sets up battery sharing service subsidiary in India        Record low birth rates in China        No travel bans imposed by India for Omicron: MEA        CPI(M) local leader hacked to death        Two confirmed cases of Omicron detected in Karnataka        BWF World Tour Finals: Sindhu makes winning start; Lakshya also through        Depositors of PMC Bank to get pre-Covid interest rate        Vaccinated California man first in US to test positive for Omicron        Kerala determined to prevent new HIV infections by 2025, says CM Pinarayi Vijayan        Doctors can’t be always blamed for negligence in deaths, says Supreme Court        Tourist inflow in J&K hit 7-year high in November: Govt        isl: Odisha come from behind to beat SC East Bengal in 10-goal thriller        
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Business News
23 states/UTs reduce VAT on petrol, diesel
 
New Delhi, Following the decision of the Union Government to reduce central excise duty on petrol and diesel by Rs 5 and Rs 10 respectively from 4 November onwards, so far 23 states/Union Territories have undertaken reduction of VAT on petrol and diesel.

The maximum reduction in petrol prices has taken place in the UT of Ladakh, followed by the states of Karnataka and Puducherry where prices of petrol have come down by Rs 13.43, Rs 13.35 and Rs 12.85 respectively. The maximum reduction in the price of diesel has been undertaken by UT of Ladakh, where the cost has come down by Rs 19.61 per litre, followed by Karnataka and Puducherry.

However, 13 states/UTs have not yet undertaken any reduction in VAT in petrol and diesel. Maharashtra, NCT of Delhi, West Bengal, Tamil Nadu, Telangana, Andhra Pradesh, Kerala, Andaman & Nicobar, Jharkhand, Odisha, Chattisgarh, Punjab and Rajasthan.

In recent months, crude oil prices have witnessed a global upsurge, leading to steep increase in domestic prices of petrol and diesel over recent weeks which in turn have been exerting inflationary pressure. The reduction in excise duty on petrol and diesel will boost consumption and keep inflation low, thus helping the poor and middle classes. The decision is expected to further spur the overall economic cycle. The reduction in excise duty on diesel will be specially beneficial for farmers during the upcoming Rabi season.


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KERALA NEWS
1,495 teachers in Kerala schools yet to get vaccinated
 Thiruvananthapuram: There are 1,707 teaching and non-teaching staff in government schools of Kerala  
CPI(M) local leader hacked to death
Kerala determined to prevent new HIV infections by 2025, says CM Pinarayi Vijayan
People not following Covid measures will not get free treatment: Pinarayi Vijayan
INTERNATIONAL NEWS
At least 31 people killed by terrorists' attack on bus in Mali
 Bamako: At least 31 people have been killed and eight more injured as a result of terrorists' attack
Record low birth rates in China
Vaccinated California man first in US to test positive for Omicron
US expresses concern over rights abuses in Afghanistan, asks Taliban to take necessary steps
NATIONAL NEWS
Former chief minister of undivided Andhra Pradesh Konijeti Rosaiah dies at 88
 Hyderabad: Former chief minister of undivided Andhra Pradesh and veteran Congress leader Konijeti Ro
No travel bans imposed by India for Omicron: MEA
Doctors can’t be always blamed for negligence in deaths, says Supreme Court
maharashtra: Quarantine mandatory for passengers coming from at-risk countries; RT-PCR must for those arriving from other states
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