Friday, March 29, 2024

Article :- Madhy Pradesh-Raajasthaan Vidhaanasabha Aur C.G. Ke Doosare Charan Ke Chunaav Se Pahale Modi Sarakaar Kee Sabase Badee Chinta Huee Door

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At the time of assembly elections in the five provinces that are currently being held, the opposition has particularly raised the issue of rising prices of petrol diesel. On this, Congress President Rahul Gandhi had also demonstrated in Delhi with the leaders of other opposition parties and India joined the bandh.
Against the increase in petrol and diesel prices in Chhattisgarh, on Tuesday, in the capital, Raipur, the Congress protested by bribing the blindfolder.

Under the leadership of the city Congress President Vikas Upadhyay, dozens of workers protested by the petrol pump with a plank-poster and blindfolded in the hands. At the same time, the Modi government has been held responsible for the increase in prices. The Congress says that the prices of petrol and diesel are continuously increasing. At the same time, the central government has simplified silence instead of providing relief to the people.

The biggest concern for the government and the common man since last few months is that the rising prices of petrol and diesel. But the cost of crude oil has got relief from the common man and the government. In October, crude oil has been cheaper by 25 per cent. At the same time, the rupee has strong strength against the US dollar. In such a situation, the government will be able to implement its plans correctly before the general elections and assembly elections. Know what the common man will gain …
Crude prices have also lowered crude prices in Indian baskets.

This will reduce the pressure on oil companies. Oil companies will give the consumer the benefit of the reduction in crude prices. It is clear that petrol and diesel will be cheap. According to a report by the Foreign Brokerage House UBS, if crude prices increase by 10 percent, then CPI inflation increases by 25 basis points. In such a situation, if the inflation has come down before the 2019 general elections, then it would be a big factor for the government. Let me tell you that retail inflation (retail) dropped to 3.31% in October.

This is the lowest in a year. Before this, in September 2017 it was 3.28%. Retail inflation was 3.77 percent in September this year. Due to the low cost of food and beverages, the rate of inflation decreased. In the next slide, why is it cheaper crude oil? Crude prices will be cheaper even in Indian baskets due to the reduction in crude prices. This will reduce the pressure on oil companies. Oil companies will give the consumer the benefit of the reduction in crude prices. It is clear that petrol and diesel will be cheap.

According to a report by the Foreign Brokerage House UBS, if crude prices increase by 10 percent, then CPI inflation increases by 25 basis points. In such a situation, if the inflation has come down before the 2019 general elections, then it would be a big factor for the government. Let me tell you that retail inflation (retail) dropped to 3.31% in October. This is the lowest in a year. Before this, in September 2017 it was 3.28%. Retail inflation was 3.77 percent in September this year. Due to cheaper food items, the rate of inflation decreased. In the next slide, why did the crude oil-

Crude prices have also lowered crude prices in Indian baskets. This will reduce the pressure on oil companies. Oil companies will give the consumer the benefit of the reduction in crude prices. It is clear that petrol and diesel will be cheap. According to a report by the Foreign Brokerage House UBS, if crude prices increase by 10 percent, then CPI inflation increases by 25 basis points. In such a situation, if the inflation has come down before the 2019 general elections, then it would be a big factor for the government. Let me tell you that retail inflation (retail) dropped to 3.31% in October.

This is the lowest in a year. Before this, in September 2017 it was 3.28%. Retail inflation was 3.77 percent in September this year. Due to cheaper food items, the rate of inflation decreased. In the next slide, why did the crude oil-
Since the big fall in Brent Crude, the rupee has gained momentum. Brent crude has reached $ 65.02 a barrel in today’s trade. At the same time, the rupee dropped to $ 71.99 per dollar from the drop in crude demand and dollar demand, which is the strongest level since September 21, 2018. Experts agree that crude prices will continue to fall further, which will give support to the rupee. In the coming months, the rupee could be up to $ 70 per dollar.

Since the big fall in Brent Crude, the rupee has gained momentum. Brent crude has reached $ 65.02 a barrel in today’s trade. At the same time, the rupee dropped to $ 71.99 per dollar from the drop in crude demand and dollar demand, which is the strongest level since September 21, 2018. Experts agree that crude prices will continue to fall further, which will give support to the rupee. In the coming months, the rupee could be up to $ 70 per dollar.

Since the big fall in Brent Crude, the rupee has gained momentum. Brent crude has reached $ 65.02 a barrel in today’s trade. At the same time, the rupee dropped to $ 71.99 per dollar from the drop in crude demand and dollar demand, which is the strongest level since September 21, 2018. Experts agree that crude prices will continue to fall further, which will give support to the rupee. In the coming months, the rupee could be up to $ 70 per dollar.

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