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  • Petrol And Diesel Prices For Today 20 February 2023- Check Latest Fuel Rates In Your City – Kashmir News

    Petrol And Diesel Prices For Today 20 February 2023- Check Latest Fuel Rates In Your City – Kashmir News

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    Petrol-Diesel Prices Today, February 20: Petrol and diesel prices remain same across metro cities. Oil marketing companies at 6 AM revise fuel prices. The last change in country-wide fluctuation in fuel prices was witnessed in May 2022 when the Centre cut the excise duty on petrol by Rs 8 per litre and Rs 6 per litre on diesel. Retail petrol and diesel prices vary from state to state and various factors like freight charges, local taxes, and Value-Added Tax (VAT). 

    The retail price for petrol and diesel In Delhi, is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing at Rs 106.03 per litre, and diesel is selling at Rs 94.27 per litre. The prices of petrol and diesel change state by state, depending upon various criteria such as Value Added Tax (VAT), freight charges, local taxes, etc. The last country-wide change in fuel rates was on 21 May last year, when Finance Minister Nirmala Sitharaman slashed excise duty on petrol by Rs 8 per litre and Rs 6 per litre on diesel.

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    Today & Yesterday’s Petrol Price in Indian major State

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    Today & Yesterday’s Diesel Price in Major Indian States

    District-Wise Petrol Price In Jammu And Kashmir

    District-Wise Diesel Price In Jammu And Kashmir

    City/DistrictPriceChange
    Anantnag85.75 ₹/L0.11
    Badgam86.87 ₹/L0.04
    Bandipora87.01 ₹/L0.18
    Baramulla87.19 ₹/L0.20
    Doda85.38 ₹/L0.29
    Ganderbal87.11 ₹/L0.00
    Jammu83.26 ₹/L0.00
    Kathua83.66 ₹/L0.26
    Kishtwar86.12 ₹/L0.00
    Kulgam86.30 ₹/L0.00
    Kupwara87.64 ₹/L0.20
    Poonch85.80 ₹/L0.10
    Pulwama86.77 ₹/L0.32
    Rajouri84.29 ₹/L0.00
    Ramban84.99 ₹/L0.00
    Reasi84.30 ₹/L0.00
    Samba83.26 ₹/L0.29
    Shopian86.29 ₹/L0.03
    Srinagar86.83 ₹/L0.00
    Udhampur83.93 ₹/L0.29

    The change in the price of crude oil in the international market directly influences the price of crude oil in the domestic market; this is one of the most important factors responsible for an increase in petrol prices in Indian domestic market. Increase in international demand, low production rate and any political unrest in the crude oil producing countries of the world severely affects petrol price.

    The prices of petrol and other petroleum products varies according to the local government policies which impose taxes on fuels. As and when the government of India raises tax rates on fuels the oil companies in India also increases the price of the petrol to recover losses and maintain marginal profits in the oil business in India.

    The rupee-dollar exchange rate is also one of the major factors which influence the price of petrol in India. Indian oil companies pay to the oil imported from other countries in terms of dollars, but their expenses are regarding rupee. So, when the price of the crude oil is in the fall but the rupee is also weak against the dollar then it will reduce the gains to the oil refiners. On the other hand, when the rupee strengthens against the dollar and the price of the crude oil is in the fall, then the oil companies tend to gain.

    You can check petrol prices in India, in a number of ways. The most popular way is to send an SMS. For example, if you are at an HPCL pump you can send an SMS to: HPPRICE DEALER CODE and send it to 9222201122.  For Indian Oil Corporation or IOC send SMS to: Type: RSP DEALER CODE and send it to 9224992249.

    There are six brands of petrol pumps which are currently active in India. They are:  

    1. Indian Oil Corporation
    2. Hindustan Petroleum
    3. Bharat Petroleum
    4. Shell
    5. Reliance Petroleum
    6. Essar Oil


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    ( With inputs from : kashmirnews.in )

  • Punjab Speaker calls meeting on ‘exorbitant rates of medicines’

    Punjab Speaker calls meeting on ‘exorbitant rates of medicines’

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    Kultar Singh Sandhwan feb19

    Chandigarh: Punjab Assembly Speaker Kultar Singh Sandhawan on Sunday said a meeting to discuss the public interest issue of selling medicines at “exorbitant rates”, which is leading to “public loot”, will be held on Tuesday.

    It would be attended by Cabinet ministers, MLAs, health experts and representatives of various NGOs.

    As part of the series of discussions pertaining to public issues, the Speaker said the discussion will be held on this burning matter because it is a common belief that due to high prices, people are being robbed and medicines are going beyond the reach of the poor.

    He said the meeting would enable MLAs, who work as a link between the public and the government, to have a meaningful debate in the Assembly on this burning issue of public interest so that suitable steps for its proper solution could be taken.

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  • Teachers’ scam: Third arrested middleman reveals rates fixed for teaching jobs

    Teachers’ scam: Third arrested middleman reveals rates fixed for teaching jobs

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    Kolkata: Chandan Mondal aka Ranjan, the third middleman arrested in connection with the multi-crore teachers’ recruitment scam in West Bengal on Friday, has reportedly given to CBI sleuths a break-up of rates fixed for giving appointments as teachers of different grades in state-run schools.

    Sources said that the rates varied between Rs 5,00,000 and went up to the level ranging from Rs 25 lakh to Rs 30 lakh. The lowest range for the payments started with the primary level and gradually progressed in the next three levels of upper primary, secondary and higher secondary.

    Explaining the rationale for the different rates for different levels of teachers, a headmaster of a state-run school in West Bengal told IANS on condition of anonymity that since the scale-pay for these four levels are higher according to higher levels, naturally the under-the-table rates for appointments for different levels also vary.

    “A primary teacher in a state-run school at the entry level gets somewhat between Rs 26,000 to Rs 27,000 a month, which goes to the bracket of Rs 33,000 to Rs 34,000 in the upper primary level, Rs 37,000 to Rs 38,000 in the secondary level and finally to Rs 42,000 to Rs 43,000 in the higher secondary level. This is the entry-level pay I am speaking of,” he said.

    “Now in case of increment, there is a fixed annual increment of three per cent for all the four levels. But naturally the levels drawing high pay-scale will attract more in hand as incremental sum than the levels in lower pay-scales. This makes the higher secondary level naturally more attractive than the other three levels. Rest is up to your understanding and conclusion,” he added.

    “Similarly, Mondal admitted that there are different rates for appointments as non-teaching staff in Group C and Group D categories. However, he has claimed ignorance about the rates prevailing in the non-teaching category since he used to deal mainly with illegal appointments in the teaching category,” a CBI source said.

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    ( With inputs from www.siasat.com )

  • Gold, Silver Prices Today: 7 February 2023 – Check latest rates in your city – Kashmir News

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    Gold, Silver Prices Today: On Tuesday, February 7, the Multi Commodity Exchange (MCX) witnessed increases in the prices of gold and silver for the second straight day.

     

    Despite unfavourable global  conditions, gold prices increases to Rs 57,106  per 10g on Tuesday, in accordance with international rates. According to the most recent market  price list, the 10g of 22-carat gold  costs Rs 52,750, whereas 10g of 24-carat gold  costs Rs 57,550, In India.

     

    Meanwhile, the price of  silver per 100g is approximately Rs 7,130. The price of gold and silver is  determined by global markets.

    On the other hand, silver will cost more if the values rupee declines  in relation to  the dollar.

    Today 22 Carat Gold Price Per Gram in India (INR)

    Gram22K Today22K YesterdayPrice Change
    1 gram₹5,275₹5,265₹10 ↑
    8 gram₹42,200₹42,120₹80 ↑
    10 gram₹52,750₹52,650₹100 ↑
    100 gram₹5,27,500₹5,26,500₹1,000 ↑

    Today 24 Carat Gold Rate Per Gram in India (INR)

    Gram24K Today24K YesterdayPrice Change
    1 gram₹5,755₹5,744₹11 ↑
    8 gram₹46,040₹45,952₹88 ↑
    10 gram₹57,550₹57,440₹110 ↑
    100 gram₹5,75,500₹5,74,400₹1,100 ↑

    The above gold rates are indicative and do not include GST, TCS and other levies. For the exact rates contact your local jeweller.

    Compare 22K & 24K Gold Rate In Jammu And Kashmir (Today & Yesterday)

    TodayYesterdayRate Change
    Standard Gold (22 K) (1 gram)₹ 5,375₹ 5,350₹ 25 ↑
    Standard Gold (22 K) (8 grams)₹ 43,000₹ 42,800₹ 200 ↑
    Pure Gold (24 K) (1 gram)₹ 5,644₹ 5,618₹ 26 ↑
    Pure Gold (24 K) (8 grams)₹ 45,152₹ 44,944₹ 208 ↑

     

    GOLD, SILVER PRICES IN MAJOR CITIES

    CITYGOLD (per 10 grams, 22 carats)SILVER (per kg)
    NEW DELHIRs 52,810Rs 71,300
    MUMBAIRs 52,660Rs 71,300
    KOLKATARs 52,660Rs 71,300
    CHENNAIRs 53,650Rs 74,000

    The gold and silver prices in India depend on several factors, including the value of the rupee against the dollar. Global demand also plays a key role in determining the trends observed in the rate of precious metals.

     

    When the market closed on Februar 6, the cost of gold was  Rs 56,955  for a gram and the cost of silver was  Rs 67,399 for a kilogramme.

     

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    ( With inputs from : kashmirnews.in )

  • Petrol, Diesel Prices Announced After Budget 2023; Check Latest Rates in Your City – Kashmir News

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    The prices of Petrol and diesel has remained unchanged On Thursday February 2, across the country. The fuel prices remained stable for more than seven months. State-owned oil companies, keen to make up for the losses they suffered in the previous quarters.petrol diesel

    Despite a decline in the price of crude oil on the global market, Indian Oil Companies have not announced any modification in the price of the two main motor fuels. Following the presentation of the Union Budget 2023 in Parliament on Wednesday, February 1, the price of Petrol and diesel remained unchanged. There has been a price freeze since the Center decreased the excise duty on Petrol and diesel on May 21, 2022.

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    The Union Budget for 2023-24 announced investment of Rs 30,000 crore to state-owned fuel retailers to make up for the massive losses they ran because of holding petrol and diesel prices despite rise in cost in a bid to help the government contain inflation.

    Finance Minister Nirmala Sitharaman has allocated the money under the head “capital support to oil marketing companies.” It offered no explanation why the blue chip, cash rich oil PSUs should need capital support.

     

    • Petrol Price In Jammu And Kashmir Today : The price of Petrol in Jammu And Kashmir is at Rs 99.805 per litre Today.
    • Diesel Price In Jammu And Kashmir Today: The price of Diesel in Jammu And Kashmir is at Rs 85.145 per litre Today.(Economic Times)

    Prices of petrol and diesel in other cities

    Delhi

    • Petrol: Rs 96.72 per litre
    • Diesel: Rs 89.62 per litre

    Chennai

    • Petrol: Rs 102.74 per litre
    • Diesel: Rs 94.33 per litre

    Kolkata

    • Petrol: Rs 106.03 per litre
    • Diesel: Rs 92.76 per litre

    Mumbai

    • Petrol: Rs 106.31 per litre
    • Diesel: Rs 94.27 per litre

    Bengaluru

    • Petrol: Rs 101.94 per litre
    • Diesel: Rs 87.89 per litre

    Lucknow

    • Petrol: Rs 96.62 per litre
    • Diesel: Rs 89.76 per litre

    Hyderabad

    • Petrol: Rs 109.66 per litre
    • Diesel: Rs 97.82 per litre

    Bhopal

    • Petrol: Rs 108.65 per litre
    • Diesel: Rs 93.90 per litre

    Gandhinagar

    • Petrol: Rs 96.63 per litre
    • Diesel: Rs 92.38 per litre

    Guwahati

    • Petrol: Rs 96.01 per litre
    • Diesel: Rs 83.94 per litre

    Thiruvananthapuram

    • Petrol: Rs 107.71 per litre
    • Diesel: Rs 96.52 per litre

    Any modifications to the price of gasoline and diesel are announced every day at 06:00 am. Various factors, such as Value Added Tax (VAT), freight expenses, local taxes, and others, have an impact on the variations in fuel prices from  state to state.

     

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    ( With inputs from : kashmirnews.in )

  • Gold rates break all-time high records in Hyderabad, other cities

    Gold rates break all-time high records in Hyderabad, other cities

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    Hyderabad: After the United States Federal Reserve approved a quarter-point interest rate hike marking the return to a more traditional interest-rate policy, the gold rates broke all-time high records in Hyderabad and other Indian cities.

    Today, the gold rates jumped by over 1.1 percent in Hyderabad. Currently, the rates of 22-carat and 24-carat yellow metal are Rs 53600 and Rs 58470 respectively.

    Meanwhile, the rates of 22-carat and 24-carat yellow metal in the national capital are Rs 53750 and Rs 58610 respectively.

    The rates in other cities are as follows:

    Cities22K (in rupees)24K (in rupees)
    Hyderabad5360058470
    New Delhi5375058610
    Mumbai5360058470
    Chennai5475059730
    Kolkata5360058470

    Domestic, international reasons for rise in gold rates in Hyderabad, other cities

    Both domestic and international reasons are responsible for the rise in gold rates in Hyderabad and other Indian cities. As India is an importer of yellow metal, international reasons play a major role.

    On February 1, the US Federal Reserve approved a quarter-point interest rate hike which indicates progress in the Central Bank’s fierce battle with inflation.

    Though Fed indicated that more hikes are needed to control inflation, it is unlikely that the central bank will go for any bigger hikes due to weakening growth.

    As Fed is moving towards the policy of milder rate hikes, interest-bearing assets are becoming less preferable investment option. It is pushing investors to prefer gold.

    At the domestic level, the announcement of hike in custom duties on articles of gold, silver, and platinum made precious metal jewelry costly.

    No cut in import duty on gold

    Due to continuous hikes in gold rates in Hyderabad and other Indian cities, traders were demanding cut in import duty on the yellow metal.

    They were of the opinion that the cut in the duty will not only push the sales but also help the government in putting a curb on smuggling.

    Despite gold traders’ huge expectations, the union budget left them disheartened as no change was introduced. The import duty continues to remain at 15 percent.

    As per market experts, soon the rates in India are likely to touch Rs 60000 per 10 grams.

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    ( With inputs from www.siasat.com )

  • Gold rates in Hyderabad, Dubai, Riyadh, other important cities

    Gold rates in Hyderabad, Dubai, Riyadh, other important cities

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    Gold is not just a precious metal but its rates in Hyderabad, Dubai, Riyadh and other big cities of the world indicate the market trends. The rates of the yellow metal depend on various factors including geopolitical stability, wars, pandemic, uncertainties, etc.

    As gold is also a commodity, its rates depend on demand and supply. In case of any uncertainty, the rates of yellow metal increase drastically as investors consider it save heaven.

    However, during the market boom period, its rates return to normal as investors start exploring options that can give them higher returns when compared to gold.

    Apart from demand-supply, local factors also contribute to the gold rates in Hyderabad, Dubai, Riyadh, and other important cities across the world.

    Gold rates in Hyderabad

    Gold rates in Hyderabad and other cities in India depend on various factors including its currency exchange rates as the country is a net importer of the yellow metal.

    If the dollar rate goes up against the rupee, India has to spend more to import gold thereby making the yellow metal costly in the local market.

    Gold rates as on22-carat (10 grams) [Change]24-carat (10 grams) [Change]
    January 21Rs. 52250 [-100]Rs. 57060 [-50]

    Gold rates in Dubai, UAE

    A host of factors are responsible for the rise and fall in gold rates in Dubai. The common factors are inflation, tax rates, demand, and supply, etc.

    It is a precious metal for both those who buy it for personal use and investors who want to diversify their investments.

    When the values of other investment options such as stock, mutual funds, etc go down, the gold value increases thereby reducing the net losses of the investors.

    Gold rates as on22-carat (10 grams) [Change]24-carat (10 grams) [Change]
    January 21Dirham 2160 [No change]Dirham 2333 [No change]

    Gold rates in Riyadh, Saudi Arabia

    The gold rates in Riyadh, the capital of Saudi Arabia, mainly depend on global factors. However, other factors such as inflation, taxes, and demand-supply also plays role in the price movement of the yellow metal.

    Gold rates as on22-carat (10 grams) [Change]24-carat (10 grams) [Change]
    January 21Riyal 2230 [No change]Riyal 2410 [No change]

    Gold rates in Doha

    As Doha, the capital of Qatar sells gold at tax-free rates, the rates are cheaper when compared to India.

    Gold rates as on22-carat (10 grams) [Change]24-carat (10 grams) [Change]
    January 21Qatari Riyal 2230 [No change]Qatari Riyal 2370 [No change]

    Gold rates in Washington

    Due to the history of using it as currency, gold is considered a monetary metal. It becomes the most in-demand metal in case of uncertainty in any part of the world.

    Gold rates as on22-carat (10 grams) [Change]24-carat (10 grams) [Change]
    January 21USD 590 [No change]USD 640 [+5]

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    ( With inputs from www.siasat.com )

  • Massive Fall In Gold Prices Today 21 January 2023 – Check New Rates In Your City – Kashmir News

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    In India, gold is primarily used for jewelry and investment purposes, and the country is one of the largest consumers of gold globally. Unlike other countries that use gold for industrial purposes, gold in India is primarily a vehicle for investment.

    In the physical market as per Good Returns, Gold rates in India today declined by just Rs 100 from yesterday to Rs 52,250 per 10grams on Saturday, January 21. Precious metals gold and silver rose on Friday to an all-time high in the domestic market following disappointing US data.

    Compare 22K & 24K Gold Rate In Jammu And Kashmir (Today & Yesterday)

    TodayYesterdayRate Change
    Standard Gold (22 K) (1 gram)₹ 5,335₹ 5,345₹ -10 ↓
    Standard Gold (22 K) (8 grams)₹ 42,680₹ 42,760₹ -80 ↓
    Pure Gold (24 K) (1 gram)₹ 5,602₹ 5,612₹ -10 ↓
    Pure Gold (24 K) (8 grams)₹ 44,816₹ 44,896₹ -80 ↓

    Today 22 Carat Gold Price Per Gram in India (INR)

    Gram22K Today22K YesterdayPrice Change
    1 gram₹5,225₹5,235₹-10
    8 gram₹41,800₹41,880₹-80
    10 gram₹52,250₹52,350₹-100
    100 gram₹5,22,500₹5,23,500₹-1,000

    Today 24 Carat Gold Rate Per Gram in India (INR)

    Gram24K Today24K YesterdayPrice Change
    1 gram₹5,706₹5,711₹-5
    8 gram₹45,648₹45,688₹-40
    10 gram₹57,060₹57,110₹-50
    100 gram₹5,70,600₹5,71,100₹-500

    The above gold rates are indicative and do not include GST, TCS and other levies. For the exact rates contact your local jeweller.

    Indian Major Cities Gold Rates Today

    City22K Today24K Today
    Chennai₹53,200₹58,040
    Mumbai₹52,250₹57,060
    Delhi₹52,400₹57,210
    Kolkata₹52,250₹57,060
    Bangalore₹52,300₹57,110
    Hyderabad₹52,250₹57,060
    Kerala₹52,250₹57,060
    Pune₹52,250₹57,060
    Vadodara₹52,300₹57,110
    Ahmedabad₹52,300₹57,110
    Jaipur₹52,400₹57,210
    Lucknow₹52,400₹57,210
    Coimbatore₹53,200₹58,040
    Madurai₹53,200₹58,040
    Vijayawada₹52,250₹57,060
    Patna₹52,300₹57,110
    Nagpur₹52,250₹57,060
    Chandigarh₹52,400₹57,210
    Surat₹52,300₹57,110
    Bhubaneswar₹52,250₹57,060
    Mangalore₹52,300₹57,110
    Visakhapatnam₹52,250₹57,060
    Nashik₹52,300₹57,090
    Mysore₹52,300₹57,110
    Cuttack₹52,250₹57,060
    Davanagere₹52,300₹57,110
    Bellary₹52,300₹57,110
    Gurgaon₹52,400₹57,210
    Ghaziabad₹52,400₹57,210
    Noida₹52,400₹57,210
    Salem₹53,200₹58,040
    Vellore₹53,200₹58,040
    Amaravati₹52,250₹57,060
    Guntur₹52,250₹57,060
    Nellore₹52,250₹57,060
    Kakinada₹52,250₹57,060
    Tirupati₹52,250₹57,060
    Kadapa₹52,250₹57,060
    Anantapur₹52,250₹57,060
    Warangal₹52,250₹57,060
    Nizamabad₹52,250₹57,060
    Khammam₹52,250₹57,060
    Berhampur₹52,250₹57,060
    Rourkela₹52,250₹57,060
    Rajkot₹52,300₹57,110
    Vasai-Virar₹52,300₹57,090
    Aurangabad₹52,250₹57,060
    Solapur₹52,250₹57,060
    Bhiwandi₹52,300₹57,090
    Kolhapur₹52,250₹57,060
    Latur₹52,300₹57,090
    Tirupur₹53,200₹58,040
    Tirunelveli₹53,200₹58,040
    Trichy₹53,200₹58,040
    Sambalpur₹52,250₹57,060
    Amravati₹52,250₹57,060
    Erode₹53,200₹58,040


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    ( With inputs from : kashmirnews.in )

  • US dollar, UK pound, Saudi riyal, Dirham, Aus dollar to INR exchange rates

    US dollar, UK pound, Saudi riyal, Dirham, Aus dollar to INR exchange rates

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    The exchange rates of the US dollar, UK pound, Saudi riyal, UAE’s Dirham, Australian dollar, and other currencies to Indian rupees depend on demand and supply.

    Following are the exchange rates as on January 21, 2023.

    Foreign currenciesINR values (Change)
    US dollar80.98 (-0.26)
    UK pound100.32 (+0.12)
    Saudi riyal21.57 (-0.06)
    Dirham22.05 (-0.07)
    Australian dollar56.38 (-0.06)

    Factors that affect exchange rates

    Following are some of the factors that affect exchange rates

    1. Inflation
    2. Interest rates
    3. Flow of capital
    4. Liquidity
    5. Current Account Deficits

    Inflation: It is an important factor in the exchange rate calculation. As higher the inflation, the lower the currency value, rupee depreciates with the rise in inflation. Rupee appreciates in case of a fall in inflation.

    Interest rate: As global investors who look for fixed income will always get attracted to countries that offer higher interest rates, it contributes to the appreciation/depreciation of the Indian rupee.

    Flow of capital: As the inflow of capital will result in a rise in demand for the rupee value, it appreciates the rupee. The opposite happens when there is a rise in the outflow of capital.

    Liquidity: It is the money supply in the market. With the rise in the money supply, the rupee loses its value and it results in the depreciation of the currency. If the money supply in the market decreases, the rupee appreciates.

    Current Account Deficits: It represents that a country is importing goods valued more that the goods it is exporting. This imbalance results in a fall in the value of the currency.

    CAD depreciates the currency whereas, Current Account Surplus appreciates the currency.

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    ( With inputs from www.siasat.com )