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govt-hikes-petrol-price-by-rs-3-18-per-litre-diesel-by-rs-3-09-per-litre Play

Govt hikes petrol price by Rs 3.18 per litre, diesel by Rs 3.09 per litre

New Delhi/Kanpur/Lucknow/Kolkata, Feb 28 (ANI): The government on Saturday hiked the petrol price by Rs. 3.18 per litre and of diesel by Rs. 3.09 per litre. A statement by the Indian Oil Corporation Limited (IOCL) has attributed the increase in fuel price to the rise in crude price in the international market and to the depreciation of rupee. The new prices will be effective from February 28 midnight. Feb 28, 2015
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Business leaders welcome Modi government's Union Budget

New Delhi, Feb 28 (ANI): Business leaders on Saturday (February 28) lauded the Central government's 2015-16 annual budget calling it progressive, all-inclusive and investor friendly. Finance Minister Arun Jaitley announced a budget aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit. Business leaders congratulated Jaitley and said the target could be achieved. Business leaders said the focus on infrastructure will also help create jobs. Feb 28, 2015
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'One rank one pension' to be implemented soon, trying to exhort middle class to save: Jaitley

New Delhi, Feb 28 (ANI): Union Finance Minister Arun Jaitley on Saturday briefed the media after presenting the General Budget for 2015-16 in Lok Sabha earlier. Jaitley said that there was a particular set of circumstances both favourable and challenging at the same time. Jaitley said that 'one rank one pension' will soon be implemented. He added that the world was looking up at India enthusiastically. He said that the public spending on infrastructure has been increased notwithstanding the squeezing of fiscal space. Jaitley further said that the government is trying to exhort middle class from tax so that they can save. Talking about special status to Bihar and West Bengal, Jaitley said that same benefits will be enjoyed by Arunachal Pradesh. Feb 28, 2015
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First India Nepal friendship motor rally flagged off

Bhubaneswar, Feb 28 (ANI): The first India-Nepal friendship motor rally was flagged off from Bhubaneswar city on Saturday. The rally, which will cover 3060 kilometres across India and Nepal over a period of 10 days, was flagged off by Odisha Chief Minister Naveen Patnaik. As many as 30 teams are participating in the event set to conclude in New Delhi on March 08. Rally Director, Praveen Bhanjdeo, said that the rally sought to forge a religious connect with the neighbouring country of Nepal. Both Puri in India and Pashupati in Nepal hold immense religious importance. Puri is regarded as the holy land of lord Jagannath while Pashupati houses the Pashupathinath Temple, a very popular pilgrimage site. The rally will trace the journey of Lord Buddha, passing through cities of Bodh Gaya, Rajgir, Nalanda, Patna in India and Lumbini- the birth place of Buddha – in Nepal. Feb 28, 2015
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Samajwadi Party protests over service tax hike

Kanpur, Feb 28 (ANI): Samajwadi Party (SP) on Saturday (February 28) protested in Kanpur, as Finance minister Arun Jaitley enhanced service tax without providing any direct relief to middle class. On Saturday, Jaitley announced a budget aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he sought to boost investment and ensured that ordinary people benefit. The SP, which governs in Uttar Pradesh, organised a mock death procession of Prime Minister Narendra Modi to express its ire. The budget was a test of the nationalist premier's willingness to reform the economy with a bloated public sector and weak private investment. Feb 28, 2015
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