ZisNews - Breaking News & Updates

TAmil Nadu Chief government minister C chief joseph Vijay on fri slammed the increment of ₹3 per litre in petrol and rudolf diesel prices, calling it "unacceptable", and demanded its immediate rollback, claiming the revision would affect various sections of society.He said oil marketing companies do not reduce prices in line with global crude price trends and "take the profits"."Union government oil marketing companies have increased the price of petrol and diesel by ₹3 per litre. This is not acceptable," Vijay said in a statement.The hike has been effected after the "five-state polls" (four states and one union territory), he added.This price rise will largely affect the income of the poor and middle class using two-wheelers and small vehicles, as well as others dependent on vehicles for their livelihood, the CM said.Also Read: ₹3 per litre days after PM Modi's 'save' fuel' call">Petrol, diesel prices up by ₹3 per litre days after PM Modi's 'save' fuel' callIt will ultimately result in an increase in the prices of daily commodities and also "affect the purchasing power of the poor," he added.Citing the chain effect of the price revision, such as increased input costs for small units, he said it could lead to a "slowdown" in the market and exports."Therefore, I urge the union government to immediately roll back the price hike that will affect the poor and middle-class people and SMEs," Vijay added.Global crude oil prices have surged more than 50 per cent since US-Israeli strikes on Iran on February 28 and Tehran's subsequent retaliation, which disrupted energy flows through the Strait of Hormuz, a key artery for global oil shipments.Petrol and diesel prices are now at their highest level since May 2022.

Global News Perspectives

In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.

Customizable News Feed

At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.

Like or Comment on News

Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.

Download the Android App

For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.

Diverse News Categories

With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.

‘Unacceptable’, says Tamil Nadu CM Vijay on fuel price hike, demands immediate rollback

Global News Perspectives

Customizable News Feed

Like or Comment on News

Download the Android App

Diverse News Categories

Category News

Country News