Fuel rates remain static on December third for the 30th consecutive day after the Centre exempted fuel from excise duty. In Delhi, petrol price remains unchanged at Rs 95.41 a litre and diesel at Rs 86.67 per litre. This was after the government decided to reduce VAT from 30 per cent t 19.4 per cent on fuel prices that lead[Read More…]
With freight rates not yet reflecting the steep rise in diesel prices, third-party insurance premium and road toll, truckers, claim industry sources, are staring at a bleak future. With their income dipping, many truckers, mention sources, have surrendered their vehicles to financiers. Not counting the time in the run-up to the Karnataka elections when fuel prices did not rise, the[Read More…]
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