BHUBANESWAR : For the first time in the country, diesel is being sold in Odisha at a price higher than that of petrol. On Sunday, diesel was being sold at Rs 80.78 per litre while petrol was being dispensed at Rs 80.65 per litre in the state capital. The price of diesel surpassed that of petrol for the first time here on Saturday when the former was sold at Rs 80.97/litre and the latter at Rs 80.90/litre. Prices of both the fuels have gone down relatively in the last five days.

Traditionally, retail price of diesel is lower compared to petrol due to lower taxes, dealer commissions and base price. In recent months, however, diesel base price, which is the price charged from dealers by oil companies without tax, has gone up by around Rs 5 because of growing global demand for the fuel.

Sanjay Lath, secretary of the Utkal Petroleum Dealers’ Association said the hike in base price absorbed the lower central excise and dealer commission. “Diesel is now costlier than petrol since VAT on both the fuels is the same (26%) in Odisha, unlike many other states,” he said.

According to oil companies’ data, dealers pay approximately Rs 43.49 (without tax) per litre of petrol and Rs 48.02 per litre of diesel. Centre excise duty is Rs 17.80 per litre for petrol and Rs 13.83 per litre of diesel. While dealer commission is around Rs 3.50 per litre of petrol, it is about Rs 2.50 per litre of diesel.

courtesy : timesofindia.indiatimes.com

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New Delhi (PTI): With focus on India's defence arsenal, Congress leader Jairam Ramesh on Monday said the BrahMos missile is a remarkable proof of continuity in governance which simply cannot be denied or erased, "despite it being the regular habit of today's ruling establishment".

Ramesh said the BrahMos missile was inducted into the Indian Navy in 2005 and Indian Army in 2007, while the air-launched variant of BrahMos appeared in 2012, all during Manmohan Singh's tenure.

"It was his leadership that led to the historic Indo-US nuclear agreement of 2005, paving the way for India finally joining the Missile Technology Control Regime eleven years later. It was also during his tenure that the BrahMos Integration Complex in Hyderabad and the Brahmos Aerospace Thiruvananthapuram Limited were established," the Congress general secretary said on X.

"BrahMos is very much in the news these days. It is named after the Brahmaputra and the Moskva rivers and is an outstanding example of Indo-Russian collaboration. It is also yet another remarkable proof of continuity in governance which simply cannot be denied or erased - despite it being the regular habit of today's ruling establishment in New Delhi," he said, taking a swipe at the Modi government.

Noting that India's Integrated Missile Development Programme began in 1983, Ramesh said it has had great successes.

Sometime in the mid-90s, Dr. APJ Abdul Kalam and his colleagues like Dr. Sivathanu Pillai felt the need for collaboration with the Russians for supersonic cruise missiles, he said.

"An inter-governmental agreement was signed on February 12, 1998 when IK Gujral was PM. Incidentally he was India's Ambassador to the USSR 1976-80. Thereafter the first contract was signed on July 9, 1999, when Atal Bihari Vajpayee was PM. The first successful launch took place on June 12, 2001," he said.

The BrahMos headquarters complex that includes design, simulation and aerospace knowledge facilities was inaugurated in New Delhi on December 4, 2004 by Russian President Vladimir Putin, Ramesh said.

"Thereafter the missile was inducted into the Indian Navy in 2005 and Indian Army in 2007. The air-launched variant of BrahMos appeared in 2012. All this was when Dr. Manmohan Singh was PM," he said.

His remarks come days after India and Pakistan reached an understanding to stop all firings and military actions on land, air and sea with immediate effect after four days of cross-border strikes that triggered fears of a wider conflict.