Congress accuses BJP-led government of ‘profiteering’ from rise in prices of petrol, diesel \
4 min read
\
\

Congress accuses BJP-led government of ‘profiteering’ from rise in prices of petrol, diesel

26-Mar-2022
New Delhi [India], March 26 (ANI): Accusing the BJP-led government of "profiteering" through a repeated increase in prices of petrol and diesel, the Congress on Saturday announced a three-phased 'Mehngai Mukt Bharat Abhiyan' which will culminate on April 7 with protests and march in state capitals.
26-Mar-2022 National
\
Special PMLA court grants bail to businessman and actor-producer Sachin Joshi \
2 min read
\
\

Special PMLA court grants bail to businessman and actor-producer Sachin Joshi

07-Mar-2022
New Delhi [India], March 7 (ANI): Special PMLA court on Monday granted bail to businessman and actor-producer Sachin Joshi in a money laundering case linked to another city-based firm Omkar Realtors and Developers but imposed a set of conditions on him.
07-Mar-2022 National
\
ED seizes flats, plots of land worth Rs 410 crore of Maharashtra-based Omkar Group and Viiking Group under PMLA \
2 min read
\
\

ED seizes flats, plots of land worth Rs 410 crore of Maharashtra-based Omkar Group and Viiking Group under PMLA

15-Jan-2022
New Delhi [India], January 15 (ANI): The Enforcement Directorate (ED) has attached flats and plots of land worth Rs 410 crore of Maharashtra-based Omkar Group and Viiking Group in a money-laundering case.
15-Jan-2022 National
\
A matchbox to cost Rs 2 consumers to get more matchsticks \
3 min read
\
\

A matchbox to cost Rs 2 consumers to get more matchsticks

24-Oct-2021
Chennai Oct 24 PTI Effective December 1 the price of a matchbox would be Rs 2 from the present Rs 1 and this is in view of a rise in production cost triggered by an increase in price of raw materials the industry body said on SundayConsumers would however get more matchsticks in a box when they buy it at Rs 2 up from 36 matchsticks to 50 per boxThe proposed price increase comes after a gap of 14 years Secretary of the National Small Matchbox Manufacturers Association V S Sethurathinam saidThe price of raw materials have increased leading to a jump in cost of production he said adding we have no other option but to increase the selling Maximum Retail Price price The price of all the 14 key raw materials have increased A kilo of red phosphorous has increased from Rs 410 to Rs 850 wax from Rs 72 to Rs 85 pottasium chlorate Rs 68 to Rs 80 splints sticks from Rs 42 to Rs 48 Outer box Rs 42 to Rs 55 and inner box from Rs 38 to Rs 48 Like this the price of all raw materials have increased manifold he told PTIThe rise in fuel prices is also a factor It has led to an increase in transportation cost Hence from December 1 the price of a matchbox would be increased to Rs 2 MRP from the present Rs 1 he saidAfter about six months we may review the situation In 2007 the price was increased from fifty paisa to Rs 1 per matchbox However Sethurathinam said the count of matchsticks in a matchbox would be increased to 50 from the present 36 When you pay Rs 2 you will get 50 matchsticks The price increase would help tackle the situation that has arisen due to the rise in production cost and the decision to go for a hike was taken after discussions with all associations he saidAbout five lakh people are dependent on the matchbox industry directly and indirectly and 90 per cent of the workforce is women he saidTamil Nadu is a leading manufacturer of matchboxes and Kovilpatti Sattur Sivakasi Thiurthangal Ettayapuram Kazhugumalai Sankarankoil Gudiyattam and Kaveripakkam are the major production centresApproximately there are 1000 matchbox units which includes small and medium sized matchbox manufacturers as well PTI VGN ROH ROH
24-Oct-2021 National
\
Govt earned Rs 23 lakh cr from ‘Gas Diesel Petrol’: Rahul Gandhi slams Centre, says ‘new economic vision’ needed \
4 min read
\
\

Govt earned Rs 23 lakh cr from ‘Gas Diesel Petrol’: Rahul Gandhi slams Centre, says ‘new economic vision’ needed

01-Sep-2021
New Delhi [India], September 1 (ANI): Congress leader Rahul Gandhi on Wednesday coined a new acronym for GDP as "Gas Diesel Petrol" and said the Centre has till date earned Rs 23 lakh crore from the hike in fuel prices, suggesting that it is imperative for the government to bring out a 'new economic vision'.
01-Sep-2021 National
\