Business

Truth of hike: BJP talks about percentage increase in petrol, diesel prices

Truth of hike: BJP talks about percentage increase in petrol, diesel prices

Similarly, petrol is being sold for ₹83.54 per litre in Chennai and the diesel retail price is ₹76.64 per litre. The current price hike across the country, is a result of multiple factors including the worldwide geopolitical situation, a diving rupee, but most importantly, the government's unrelenting tax regime and the silence of its ministers over the issue.



Asian shares on slippery slope as Trump ups ante in trade war

Shares of Apple Inc AAPL.O suppliers fell across Asia on Monday after U.S. President Donald Trump tweeted that the tech giant should make products in the United States if it wanted to avoid tariffs on Chinese imports. "Exciting! #MAGA", reads Trump's tweet. Since then, though, Trump has threatened an additional $267 billion of tariffs on China , a move revealed Friday that could cover virtually all Chinese-made goods entering the United States.



China vows to respond if U.S. takes new steps on trade

On Sunday, President Donald Trump tweeted approvingly about the 10-day-old news that his 25% tariffs on Chinese-made automobiles had led Ford (f) to decide against importing its compact Ford Focus Active model to the US from the Chinese factories where the vehicle is made.



Trump tells Apple to make in US to avoid China levies

But disagreements between the two major economic powers run deeper than just the trade balance and tensions remain over limits on USA firms' access to Chinese markets, intellectual property protection, technology transfers, and investment. Investors are also on the edge about any contagion risks from turmoil in some emerging markets (EM) including Argentina and Turkey whose currencies have been routed recently.


Petrol in Delhi Crosses Rs 80 Mark, Oppn Unites for Bharat Bandh

Petrol in Delhi Crosses Rs 80 Mark, Oppn Unites for Bharat Bandh

Following the hike, petrol and diesel quoted a record high of Rs 83.91 and Rs 76.98 a litre, respectively. Since 1 August, petrol prices have risen by Rs 4.42 per litre and diesel prices have risen by Rs 5.01 a litre in the national capital, on the back of a depreciating rupee against the dollar and an increase in global fuel prices.


Elon Musk smokes marijuana during podcast

Elon Musk smokes marijuana during podcast

Since the news of Musk smoking a blunt went viral, Tesla's stocks have dropped by 7 percent. As Musk took a puff, and sipped on whiskey, the two discussed the relaxing effect of alcohol and weed. But Tesla has called the departure rate typical of any large company. Also on Friday, Tesla disclosed that its chief of accounting, Dave Morton , was leaving the company only weeks after being hired.