India raises excise duties on diesel, petrol

AgenciesPublished Dec 17, 2015, 12:00 AM IST

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New Delhi

India on Wednesday raised excise duty on diesel by Rs 1.17 ($0.0175) per litre and on petrol by 30 paise per litre.

The hike seeks to take advantage of a slump in global crude oil prices to shore up government revenues without stoking inflation.

Television channel CNBC-TV18 reported quoting Finance Minister Arun Jaitley that the latest increase will help collect Rs 25 billion.

Earlier, state-run Indian Oil Corp has decreased the price of diesel by about 1 percent and that of petrol by 0.8 percent, reflecting changes in global fuel prices.

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100 railway stations to go live with WiFi by 2016-end: Google CEO Sundar Pichai

PTI

Published Dec 17, 2015, 12:00 AM IST

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New Delhi Technology giant Google will bring Internet connectivity to 100 railway stations across the country by next year, its CEO Sundar Pichai on Wednesday said. This is part of the US-based firm's focus on bringing Internet to everyone in India, which has the world's second largest population. "100 stations will have WiFi by December 2016. Mumbai Central (station) to go live by January. This is in partnership with RailTel," Pichai said at a Google for India event. The…