IOC resumes dynamic pricing, petrol near 5-year high in Delhi
New Delhi, May 14 : With the resumption of dynamic pricing system for transport fuels on Monday by the Indian Oil Corporation (IOC), petrol prices in the national capital shot up to 74.80 per litre.
The IOC had suspended dynamic pricing system for transport fuels for 19 days to "avoid creating unnecessary panic among the consumers".
In Delhi, petrol was priced at Rs 74.80 per litre on Monday, highest since September 2013, when it had hit Rs 76.06 a litre. The price was last changed on April 24 when it was at Rs 74.63 per litre.
In the other metropolitan cities of Kolkata, Mumbai and Chennai also petrol prices were at multi-year high levels of Rs 77.50, Rs 82.65 and Rs 77.61 a litre on Monday.
The previous highs in these cities were Rs 78.03 (Kolkata, August 2014), Rs 83.62 (Mumbai, September 2013) and Rs 77.48 (Chennai, September 2013).
Apart from petrol prices, diesel also rose to a fresh record high after the last price movement on April 24. Prices of diesel on Tuesday, in Delhi, Kolkata, Mumbai, Chennai were Rs 66.14, Rs 68.68, Rs 70.43 and Rs 69.79 per litre, respectively.
Prices did not change in the last 19 days, despite rise in international crude oil prices, which observers cited as a deliberate political move ahead of Karnataka polls. Brent crude oil is currently priced over $76 per barrel.
However, IOC Chairman Sanjiv Singh on May 8, said the dymanic pricing was suspended temporarily despite a rise in international rates, to avoid panic among consumers.
"We have decided to temporarily moderate retail prices by not passing on the required increase as we believe the current international oil product prices are not supported by fundamentals. So we have decided to wait for a while," Singh had said, adding: "Passing them on to consumers will unnecessarily create panic."
This temporary relief to consumer seems to have come to an end with the rise in prices on Monday.
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Vadodara car crash: FSL report reveals accused smoked marijuana, was not drunk
Vadodara: The main accused in the March 14 car crash in Vadodara, Rakshit Chaurasia, had smoked marijuana but was not under the influence of alcohol, according to the primary report from Gandhinagar’s Forensic Science Laboratory (FSL). Chaurasia, a 20-year-old law student, was driving a speeding car that rammed into two-wheelers near Muktanand crossroads in Karelibaug, killing a woman and injuring several others.
The FSL’s findings, as cited by police officials, revealed that Chaurasia’s blood sample tested positive for marijuana. Two others who were in the car with him—Praanshu Chauhan and Suresh Bharwad—also tested positive for the same. All three have been booked under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985.
Chaurasia has also been booked under s. 185 of the Motor Vehicles Act, 1988, which deals with driving under the influence of alcohol or drugs. He is currently lodged in Vadodara Central Jail. Chauhan has also been arrested, while Bharwad remains absconding.
According to Deputy Commissioner of Police, Zone 4, Panna Momaya, the blood reports confirmed drug consumption. "They were driving the car after smoking marijuana," she said.
CCTV footage showed the car speeding before taking a sharp turn and hitting the two-wheeler. In the moments before the crash, Chaurasia was seen behaving erratically, shouting "another round, another round," followed by chanting “Om Namah Shivay” and calling out a girl’s name, “Nikita.”
Later, Chaurasia told reporters that a pothole caused the accident and claimed he was driving at 50 km/hr. He also said the airbag deployment had obstructed his view.
