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In a move that is likely to have a spiralling impact on the cost of travel for the common man, public transport and other related areas, Indraprastha Gas Limited (IGL) on Thursday announced a steep hike of Rs. 4.50 paise per Kg in the price of compressed natural gas (CNG), the second successive hike in three months. In a related move that could hurt the household budgets, IGL also hiked the price of cooking piped gas to kitchens by Rs. 5.15 per Kg with effect from Thursday midnight. Under the new pricing regime, CNG will cost Rs. 50.10 per Kg in Delhi and Rs. 56.70 per Kg in Noida, Greater Noida and Ghaziabad, IGL said in a statement in New Delhi. The price of piped natural gas (PNG) to the households in Delhi is being revised from Rs. 27.50 per standard cubic metre to Rs. 29.50 per scm up to consumption of 30 scm in two months. Beyond consumption of 30 scm in two months, the applicable rate in Delhi would be Rs. 52 per scm. Due to differential tax structure in Uttar Pradesh, the applicable price of domestic PNG to households in Noida, Greater Noida and Ghaziabad would be Rs. 31 per scm up to consumption of 30 scm in two months, which has been increased from existing Rs. 29 per scm. Beyond consumption of 30 scm in two months, the rate applicable in these cities would be Rs. 54 per scm. CNG price was last revised in September when it was hiked by a hefty Rs. 3.70 per kg. Price of CNG sold to automobiles in Delhi then increased from Rs. 41.90 to Rs. 45.60 per kg. Also at that time, the price of piped cooking gas, called PNG, for households has been hiked from Rs. 24.50 per scm to Rs. 27.50 per scm. The statement said the increase was primarily due to increase in input cost as a result of reallocation of domestically produced gas quantities by the government for all city gas distribution companies across the country. “There has been a reduction in allocation of APM gas to us, which is forcing us to source more quantity of market priced imported R-LNG, whose prices are currently on an upswing. This has affected our overall input cost by over 13 per cent. There has also been an increase in the operating expenses including increase in minimum wages announced by the government with effect from October 2013,” the statement added. Government reallocated domestic gas allocations to all city gas distribution companies across the country as a fall out of a recent court order. All the earlier gas allocations had been cancelled and the revised allocations now also include PMT gas, which is priced higher than APM gas. “In terms of volume, there has been nearly 5 per cent decrease in the overall quantity of domestic gas allocated to IGL for Delhi, Noida, Greater Noida and Ghaziabad. The reduction in allocation as well as increase in demand is forcing IGL to source much higher priced imported R-LNG. The prices of R-LNG have been on the rise recently and therefore, new R-LNG quantities are available in the market at much higher prices than the existing ones,” the company said. However, the company said the increase would not have a major impact on the per km running cost of vehicles. For autos, the increase would be 13 paise per km, for taxi it would be 22 paisa per Km and in case of buses, the increase would be Rs. 1.30 per km, which translates to just over two paisa per passenger-kilometre.
Nearly 50 Venezuelan soldiers killed in ...

Nearly 50 Venezuelan soldiers killed in US abduction of President Maduro

Nearly 50 Venezuelan soldiers killed in US abduction of President Maduro **Heavy Casualties Reported Following Alleged U.S. Attempt to Detain Venezuelan President** Caracas, Venezuela – The Venezuelan Ministry of Defence has issued a statement reporting significant casualties following what it... read more »

Myanmar military-backed party leads afte...

Myanmar military-backed party leads after second round of election voting

Myanmar military-backed party leads after second round of election voting **Myanmar’s Union Solidarity and Development Party Claims Lead Amidst Election Scrutiny** Yangon – Myanmar’s Union Solidarity and Development Party (USDP), backed by the nation’s military, has asserted a... read more »

LIVE: Gaza death toll rises by Israeli r...

LIVE: Gaza death toll rises by Israeli raids, Trump names Board of Peace

LIVE: Gaza death toll rises by Israeli raids, Trump names Board of Peace **Gaza Endures Renewed Hostilities as Casualties Mount Amidst Fragile Truce** Gaza City – Renewed Israeli military actions in the Gaza Strip have resulted in a surge of casualties, threatening to unravel the already tenuous... read more »

Can the US afford Trumps $1.5 trillion d...

Can the US afford Trumps $1.5 trillion dream military?

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Africa

'Mandela needs to be re-invoked'

Over 90 high-profile guests to attend Mandela’s memorial se...

Johannesburg – A total of 91 high-profile guests, including heads of state and government and 10 former heads of state, had confirmed by Monday noon that they would attend the national memorial... read more »

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Johannesburg – Nelson Mandela was a constant source of inspiration to the entire body of prisoners at the Robben Island and transformed me from being an... read more »

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Asia

Hamas Appoints Yahya Sinwar as New Leader, Signaling Shift in Gaz...

In a significant development, Hamas has announced Yahya Sinwar as its new leader, replacing Ismail Haniyeh. Sinwar, a prominent figure in the Hamas, resistance group, is known for his hardline... read more »

Sheikh Hasina Seeks India’s Approval for Asy...

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China Satellite Launch Marks Beginning of Thousand Sail...

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Indian Embassy in Israel Issues Advisory to Stay Vigila...

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Hamas Leader Ismail Haniyeh Assassinated in Tehran

Hamas leader Ismail Haniyeh was assassinated early Wednesday morning in Tehran, Iran, according to statements from Hamas and Iranian officials. Haniyeh, 62,... read more »

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China

China urges personnel's safety in South Sudan

UNGA should play a greater role: China

United Nations – China called on the UN General Assembly (UNGA) to play a greater role in shaping the agenda of global development beyond 2015. Wang Min, China’s deputy permanent... read more »

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China daily criticises Cameron, says Britain not &...

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China announces launch of Chang’e-3 lunar probe &...

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Chinese fighter jets patrol new air-defence zone

China slams Japan for slandering its air defence zone in international forum

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US bombers defy China’s air-defence zone

US bombers defy China's air-defence zone

Washington – Two US B-52 bombers defied China’s new air-defence zone over the East China Sea, flying directly into the demarcated zone without... read more »

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Middle East

Israel beefs up security in East Jerusalem

JERUSALEM : Israeli Prime Minister Benjamin Netanyahu said Sunday that security forces have been increased significantly in East Jerusalem to prevent further violence by Palestinian youths. He told... read more »

Turkey facilitating transfer of Iraqi Kurdish figh...

Turkish Foreign Minister Ahmet Davutoglu said on Monday that Turkey was facilitating the passage of Iraqi Kurdish peshmerga fighters to Kobani to aid... read more »

Islamic State: Syria rebels warn of backlash over US ai...

Syrian rebel fighters backed by the West have told the BBC that the US-led coalition faces a backlash in their country over its bombing campaign against... read more »

Saudi sentences iconic Shia cleric to death

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Turkish jets hit Kurdish rebel targets

ANKARA: Turkish warplanes have struck suspected Kurdish rebel positions in southeastern Turkey, media reports said Tuesday, the first major airstrikes against... read more »

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South Asia

Jamaat calls for strike in Bangladesh over leader's death

Jamaat calls for strike in Bangladesh over leader’s death

Dhaka – Bangladesh’s Jamaat-e-Islami party has called for a nationwide dawn-to-dusk general strike Sunday in protest of the execution of its leader Abdul Quader Mollah. The announcement... read more »

Abdul Quader Mollah

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Dhaka – Jamaat-e-Islami party leader Abdul Quader Mollah’s execution Thursday for crimes against humanity in 1971 – the first death... read more »

Shahbaz Sharif meets PM, extends invite to visit Pakist...

Shahbaz Sharif meets PM, extends invite to visit Pakistan

New Delhi – Pakistan Punjab Chief Minister Shahbaz Sharif met Prime Minister Manmohan Singh here Thursday and handed over an invitation from Pakistan... read more »

Imran’s party’s blockade of Nato supplies &...

Imran's party's blockade of Nato supplies 'hurting' Pak army's interests: Experts

Peshawar –  Pakistan Tehreek-i-Insaf’s ongoing suspension of Nato supplies in Khyber Pakhtunkhwa is against Pakistan military’s interest,... read more »

‘Osama doc’ Afridi’s lawyer flees Pak...

'Osama doc' Afridi's lawyer flees Pak after life threats from militants

Peshawar – The lawyer for Dr Shakil Afridi, who helped the United States track down al Qaeda chief Osama bin Laden, has fled Pakistan after receiving... read more »

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Europe

Putin pardons jailed tycoon Khodorkovsky

Putin pardons jailed tycoon Khodorkovsky

Vladimir Putin, the Russian president, has signed the decree pardoning tycoon Mikhail Khodorkovsky, a prominent Kremlin critic, who has spent more than a decade behind bars for embezzlement, fraud... read more »

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Britain’s SAS not involved in Diana’s death: Polic...

London – British police said Tuesday there is “no credible evidence” that the SAS was involved in the deaths of Diana, Princess of... read more »

British police reject Princess Diana murder claim

British police reject Princess Diana murder claim

Scotland Yard on Tuesday said that it has found “no credible evidence” to support a claim that the British Special Forces were involved in the tragic death... read more »

David Cameron declares ‘mission accomplished̵...

David Cameron declares 'mission accomplished' in Afghanistan

London – British troops can return to the UK from Afghanistan knowing its mission was accomplished, Prime Minister David Cameron has said. The comments... read more »

Princess Diana was killed by SAS: British police

Britain’s SAS not involved in Diana’s death: Police

London – The British police have reportedly said that there is no ‘credible’ evidence that would support the claim that a member of British... read more »

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North America

US judge rules NSA data collection unconstitutional

US judge rules NSA data collection unconstitutional

By Arun Kumar Washington – In what the media here called a “powerful rebuke” to the Obama administration, a US federal judge has ruled the US National Security Agency’s... read more »

Khobragade case: India seeks details of possible U.S. tax violations

US hides behind “standard procedures” ...

By Arun Kumar Washington – As media reports that Indian diplomat Devyani Khobragade was “strip-searched” after her arrest in New... read more »

US hopes diplomat’s arrest won’t hit bilateral ties

John Kerry calls Shivshankar Menon to express regret about Devyani's treatment; defends US laws

 The U.S. has expressed hope that the diplomatic row over the arrest of Indian Deputy Consul-General in New York will not affect bilateral ties with India,... read more »

‘US Magnitsky Act as long-term spoiler of bilater...

Sergei Ryabkov

Moscow –  Despite certain progress achieved over issues concerning Syria and Iran, Russia-US relations remain in deadlock because of the so-called... read more »

Blacklist move not violation of n-deal with Iran: US

New US sanctions unconstructive: Iran

Washington –  The White House Friday defended th e move of blacklisting additional companies and people under existing sanctions, saying it does not... read more »

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