Working towards long-term solution to petrol price hike: Minister
Kolkata, June 2: Union Minister Prakash Javadekar on Saturday said the Centre is looking at a 'long term' fix to the issue of the rise in petrol and diesel prices, adding that the solution lies with state governments also as they too levy their taxes.
He said petrol prices were de-regulated during the rule of the Congress-led United Progressive Alliance government.
"Government is working on a long-term solution with states. They are also equal stakeholders. They also levy their taxes and therefore all have to work together to come out with a solution," HRD Minister Javadekar told reporters here.
The Central government regulated fuel prices in the country till 2010, when they were de-regulated.
Now, the prices are revised by oil companies mostly under the free-market system.
On June 16 last year, oil companies decided to revise prices on a daily basis, instead of every fortnight, as per international practice.
On Saturday, prices of petrol and diesel fell around nine paise in four metro cities.
"The issue is petrol and diesel prices. It is an international phenomenon and during Congress regime, they de-regulated petrol," Javadekar added.
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Supreme Court of India YouTube channel hacked, promoting cryptocurrency scams
New Delhi: The YouTube channel of the Supreme Court of India appears to have been hacked, with videos promoting XRP, a cryptocurrency developed by US-based Ripple Labs, currently being displayed. The channel, which streams live hearings of Constitution Bench cases and matters of public interest, recently broadcasted the proceedings of the suo motu case concerning the RG Kar Medical College and Hospital rape and murder.
Hackers have reportedly made earlier videos private, and a live stream titled "Brad Garlinghouse: Ripple Responds To The SEC's $2 Billion Fine! XRP PRICE PREDICTION" is now visible on the channel. Scams involving the hacking of popular video channels are not uncommon, and Ripple had previously sued YouTube for failing to prevent scammers from impersonating its CEO, Brad Garlinghouse.
According to a report by The Verge, scammers have been creating fake accounts for Ripple and Garlinghouse, often by hacking successful YouTube channels. These hacked channels, with their large subscriber bases, are then used to promote fraudulent XRP schemes, misleading viewers into making payments in exchange for promises of rewards.
Supreme Court officials have confirmed that the channel's hacking is under investigation.
