Business
Petrol, diesel prices static as global oil rates remain depressed

Consumers continued to get relief from rising fuel prices on Monday with the Oil Marketing Companies (OMCs) keeping pump prices of petrol and diesel prices unchanged post revision of duties by the central and state governments on Diwali eve.
Accordingly, petrol and diesel prices remained static for 18th consecutive day under the daily price revision mechanism followed by the OMCs.
The pump price of petrol in Delhi, which fell to Rs 103.97 a litre at 6 a.m. on the Diwali day on November 4 from previous day’s level of Rs 110.04 a litre, remains at the same level. The diesel prices also remained unchanged at Rs 86.67 a litre.
In the financial capital Mumbai, petrol continues to be priced at Rs 109.98 a litre and diesel at Rs 94.14 a litre.
Prices also remained static in Kolkata where the price of petrol reduced by Rs 5.82 to Rs 104.67 per litre and that of diesel by Rs 11.77 to Rs 89.79 per litre in the first week of November.
Petrol prices in Chennai also remains at Rs 101.40 per litre and diesel Rs 91 .43 per litre.
Across the country as well, price of the fuel largely remained unchanged but the retail rates varied depending on the level of local taxes.
The global crude prices which has touched three year high level of over $85 a barrel on several occasions in past one month has softened now to below $ 79 barrel. Rise in US inventory has pushed down crude prices but OPEC+ decision on only gradual increase in production in December could raise crude prices further.
Before price cuts and pause, diesel prices have increased on 30 out of the last 59 days taking up its retail price by Rs 9.90 per litre in Delhi.
Petrol prices have also risen on 28 of the previous 55 days taking up its pump price by Rs 8.85 per litre.
Since, January 1, petrol and diesel prices have risen by more than Rs 26 a litre before the duty cuts.
The excise duty cut by the Centre on November 3 was first such exercise since the onset of Covid pandemic. In fact, the government had revised excise duty on petrol and diesel sharply in March and again in May last year to mobilise additional resources for Covid relief measures.
The excise duty was raised by Rs 13 and Rs 16 per litre on petrol and diesel between March 2020 and May 2020 and was standing high at Rs 31.8 on diesel and Rs 32.9 per litre on petrol before the Centre decided on duty cut.
National
Monsoon session of Parliament from July 21 to August 12

New Delhi, June 4: The Monsoon Session of Parliament will begin on July 21 and conclude on August 12, Union Parliamentary Affairs Minister Kiren Rijiju announced on Wednesday.
Both the Lok Sabha and Rajya Sabha will convene at 11 a.m. on the opening day, marking the start of the first parliamentary session in over three months.
The session is expected to be politically charged, especially against the backdrop of heightened demands by the Opposition for a special session.
Sixteen opposition parties had written to Prime Minister Narendra Modi on Tuesday, pressing for an immediate session to discuss the recent Pahalgam terror attack and the retaliatory Operation Sindoor — a cross-border military operation targeting nine terror camps in Pakistan and Pakistan-occupied Kashmir (PoK).
In response, the government has now formalised the Monsoon Session schedule, asserting that all issues, including those raised by the Opposition, can be taken up during the scheduled sitting.
The Budget Session earlier this year ran from January 31 to April 4 in two phases and saw the passage of several key legislations, including the Waqf Amendment Bill which seeks to focus on improving the management of waqf properties, empowerment of stakeholders relevant to management of waqf properties, improving the efficiency in survey, registration and case disposal process, and development of waqf properties.
While the core purpose remains to manage waqf properties, the aim is to implement modern and scientific methods for better governance. The Mussalman Wakf Act, 1923, was also repealed.
Apart from the Waqf Amendment Bill, the government also passed the ‘Tribhuvan’ Sahkari University Bill, 2025, for the establishment of ‘Tribhuvan’ Sahkari University to provide education, training, and capacity building in the cooperative sector and undertake research and development activities in related areas.
The Immigration and Foreigners Bill, 2025, was also passed to simplify the laws for the requirement of passports or other travel documents in respect of persons entering into and exiting from India and for regulating matters related to foreigners, including the requirement of a visa and registration.
Crime
Man arrested for raping, murdering 80-year-old woman in Karnataka

Kolar, June 4: A man has been arrested on charges of raping and murdering an 80-year-old woman in Srinivasapura town of Karnataka’s Kolar district.
The police have apprehended the accused, who has since been remanded to judicial custody.
The accused has been identified as 37-year-old Baba Jaan, a resident of Gaffar Khan Mohalla in Srinivasapura.
According to the police, the victim’s body was discovered on Monday evening at a garage near an open field on Mulbagal Road in Srinivasapura town.
Preliminary investigations revealed that the victim had been raped and murdered.
The victim had left home two days ago, informing her family that she would visit the church at Srinivasapura.
The woman stayed in Srinivasapura for two days, and on Monday evening, when the woman was waiting for a bus to return home, the accused targeted her.
The accused spoke to her to ensure she was alone.
He then allegedly lifted and carried her to an isolated place, where he brutally raped her before strangling her to death.
The accused also robbed Rs 15,000 from her bag.
During their investigation, the police obtained CCTV footage from a nearby shop, which captured the accused lifting the victim and hurriedly carrying her away.
While the police were gathering information, the accused returned to the crime scene to observe the unfolding events. Alert police personnel identified and apprehended him.
The accused later confessed to committing the crime to rob the victim’s money and jewellery.
The victim’s family has urged the police to “kill” the accused due to the heinous nature of the crime.
More details regarding the incident are yet to emerge.
On August 21, 2024, the Chintamani police had arrested a 28-year-old labourer for sexually assaulting a 65-year-old woman on the hospital premises in the wee hours.
Based on a complaint by the staffers at the Chintamani government hospital, the police launched a hunt and nabbed the accused.
National
‘Attack on the roots of democracy’, SC on 2021 Bengal post-poll violence

New Delhi, June 4: The Supreme Court has termed the 2021 post-poll violence in West Bengal against BJP party workers as a dastardly offence which was “nothing short of a grave attack on the roots of democracy”.
The observation came from a bench of Justices Vikram Nath and Sandeep Mehta as it dealt with a plea filed by the Central Bureau of Investigation (CBI) challenging the grant of bail to several accused in the post-poll violence cases.
The CBI contended that the Calcutta High Court granted bail to the respondents-accused on totally extraneous considerations, and after their release on bail, there was no possibility of a fair trial being conducted.
Ordering cancellation of bail, the Supreme Court said that the allegations against the accused were so grave that the same shook the conscience of the court. “The concerted attack on the complainant’s house was launched on the day of the election results with the sole objective of wreaking vengeance because he had supported the saffron party. This is a grave circumstance which convinces us that the accused persons were trying to terrorise the members of the opposite political party whom the accused respondents were supporting,” said the top court.
It took note of the fact that the trial has not budged an inch to date, though a charge sheet was filed way back in 2022, and this delay was mostly attributable to non-cooperation by the accused persons.
Saying that there was no possibility of a fair and impartial trial being conducted if the accused were allowed to remain on bail, the Supreme Court set aside the bail order passed by the Calcutta High Court.
“The accused respondents shall surrender before the trial Court within two weeks from today, failing which, the trial Court shall adopt coercive measures to secure their presence. Upon surrendering/being arrested, the accused respondents shall be remanded to custody,” ordered the top court.
Further, it asked the trial court to expedite the proceedings and conclude the trial within a period of six months.
The Supreme Court asked the Home Secretary and the Director General of Police of West Bengal to ensure that proper protection was provided to the complainant and all other material witnesses so that they can freely appear and depose at the trial without any fear or apprehension.
It granted liberty to the CBI or the complainant to directly report to the top court any violation of the above direction.
Following the post-poll violence, an FIR was registered against the respondents-accused in December 2021 for the offences punishable under Sections 143, 144, 147, 148, 149, 427, 326, 376 read with 511 and 34 of IPC (Indian Penal Code), 1860.
The complainant, a follower of the Hindu religion, claimed that the majority of the residents in his village belong to the other community and are the supporters of the ruling Trinamool Congress. As per the complainant, a few villagers started campaigning for the Bharatiya Janata Party (BJP) prior to the Assembly election, which drew the wrath of Trinamool supporters, and allegedly, a bomb was thrown at his tea stall.
On the date on which the election results were announced, a gang of 40-50 miscreants gathered together and started throwing bombs towards the house of the complainant.
The complainant’s house was totally vandalised and looted by the accused persons. The wife of the complainant was grabbed by the hair, her clothes were snatched away, and she was forcibly undressed. To save herself, the complainant’s wife poured kerosene oil on her person and threatened that she would set fire to herself on which the miscreants left the spot.
When the complainant and his family approached Sadaipur Police Station the next day, the officer-in-charge did not accept the complaint and advised them to leave the village.
After several writ petitions were filed before the Calcutta High Court containing allegations of non-registration of FIRs in post-poll violence cases, a CBI probe was ordered into all the cases where the allegations involved murder and crimes against women.
The CBI filed its charge-sheet against a number of assailants, including the respondents-accused, for the offences punishable under Sections 34, 148, 149, 326, 354, 511, read with 376D and 450 of IPC.
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