Invest Policy
No Result
View All Result
Friday, March 5, 2021
  • Login
  • Latest News
  • Banking
  • Economy
  • Market
  • Investment Plans
    • Mutual Funds
    • Money
    • Property
    • Scheme
  • Finance
  • Insurance
    • General Insurance
    • Life Insurance
    • LIC
  • World
Subscribe
Invest Policy
  • Latest News
  • Banking
  • Economy
  • Market
  • Investment Plans
    • Mutual Funds
    • Money
    • Property
    • Scheme
  • Finance
  • Insurance
    • General Insurance
    • Life Insurance
    • LIC
  • World
No Result
View All Result
Invest Policy
No Result
View All Result
Home Latest News

Petrol and diesel became expensive, inflation increased, the price of fruits and vegetables was clearly visible.

by InvestPolicy
March 2, 2021
in Latest News
0
Petrol and diesel became expensive, inflation increased, the price of fruits and vegetables was clearly visible.
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

Transportation costs have increased sharply in the price of diesel. Due to this, mustard oil which was earlier getting 150 rupees in the retail market has now reached 165 rupees.

Infrastructure, mining and transportation of raw material fares have increased.

The impact of the increase in the price of petrol and diesel is now clearly visible. Due to the rise in the price, many transporters have increased the freight. Due to this, things in need can also become expensive in the coming days. According to media reports, the truck operators have increased the fare of the truck, now the bus drivers are demanding to increase the fare. He has threatened to go on strike if the fare is not increased.

According to media reports, truck operators have increased fares by 15-20 per cent. Although it has not been officially announced, the fare has been increased gradually. According to the report of Navbharat Times, at present it has been applied to infrastructure, mining and transportation of raw materials. Truck operators say that if the diesel price is not cut, the fare will increase in all sectors. Increase in diesel fare, especially on the price of food items, has a rapid effect, which increases food inflation.

Price rise in retail market

According to the Free Press Journal report, the effect of the rise in oil prices in the retail market is clearly visible. Mustard oil, which was earlier getting 150 rupees, has now reached 165 rupees. Soybean refine oil has reached 120 to 140 rupees per liter. Arhar dal has reached 85 rupees to 125 rupees and gram dal has reached 55 rupees to 65 rupees per kilogram.

50 thousand single truck owners will be unemployed

According to the Business Standard report, due to the increase in the price of diesel, about 50,000 truck owners will exit the business. These are single truck owners. Ashok Goyal, owner of BLR Logistics, said that there are already more trucks on demand in the road. Due to the increase in the price of diesel, this number will decrease and single truck owners will be badly affected. Actually single truck owners work for big transporters. He is like a supplier to them. If the transporter cuts the number then single owners will be the first. Usually, 50% of the fuel cost is as much as the truck operators charge for a route.

Also read, ESIC relaxed the conditions for women to take benefit in the disease, such benefits will be available

Also read, No more tension on tolls cut through FASTag, Paytm getting refund

Tags: food inflationhike of petrol diesel ratespetrol diesel ratetruck operator increase price
  • Trending
  • Comments
  • Latest
MP E Uparjan

MP E Uparjan 2021 | Farmer online registration, mpeuparjan.nic.in portal

February 27, 2021
sukanya-samriddhi-yojana-vs-lic-kanyadan-policy

LIC Kanyadan Policy Vs Sukanya Samriddhi Yojana

March 2, 2021
What is the role of two employees of Wipro in wrong transfer of Rs 6554 crore to Citibank

What is the role of two employees of Wipro in wrong transfer of Rs 6554 crore to Citibank

February 26, 2021
Amazon's logo was being trolled by saying Hitler's face, the company made changes once again after seeing opposition

Amazon’s logo was being trolled as Hitler’s face, the company made changes once again after seeing protest

March 1, 2021
RailTel IPO: Premium falls in gray market, should you still invest?

Nureca’s IPO will open for subscription on February 15, should it subscribe or not? Know the opinion of experts

February 28, 2021
Flat trading in gold - silver shines, what should be the strategy after the rise in crude oil

Gold has broken 12% so far in 2021, is there still an opportunity to invest in it, know what brokerage is called

March 5, 2021
Andhra Pradesh closed today to protest against privatization of Visakhapatnam steel plant, government support too

Andhra Pradesh closed today to protest against privatization of Visakhapatnam steel plant, government support too

March 5, 2021
Tamil Nadu: Remember Sasikala's old vow before believing in her retirement!

Tamil Nadu: Remember Sasikala’s old vow before believing in her retirement!

March 5, 2021
China set a target of GDP growth rate of over 6 percent for 2021, emphasis also on increasing trade from abroad

China set a target of GDP growth rate of over 6 percent for 2021, emphasis also on increasing trade from abroad

March 5, 2021
Market Live: Mixed signals from global market, action can be seen in Tata Consumer

Market Live: Weakness in Asia and SGX NIFTY, WIPRO to buy CAPCO for $ 145 million

March 5, 2021

Recent News

Flat trading in gold - silver shines, what should be the strategy after the rise in crude oil

Gold has broken 12% so far in 2021, is there still an opportunity to invest in it, know what brokerage is called

March 5, 2021
Andhra Pradesh closed today to protest against privatization of Visakhapatnam steel plant, government support too

Andhra Pradesh closed today to protest against privatization of Visakhapatnam steel plant, government support too

March 5, 2021

Categories

  • Banking
  • Economy
  • Featured
  • Finance
  • General Insurance
  • Health Insurance
  • Insurance
  • Investment Plans
  • Latest News
  • LIC
  • Life Insurance
  • Market
  • Money
  • Mutual Funds
  • Property
  • Scheme
  • World

Site Navigation

  • Home
  • Advertisement
  • Contact Us
  • Privacy & Policy
  • Other Links
Invest Policy

InvestPolicy.com is one of the leading companies when it comes to loans and card marketplace. Our main motto is to help our customers in making personal finance decisions easy and convenient as per their comfort.

© 2021 Invest Policy. All Right Reserved.

No Result
View All Result
  • Latest News
  • Banking
  • Economy
  • Market
  • Investment Plans
    • Mutual Funds
    • Money
    • Property
    • Scheme
  • Finance
  • Insurance
    • General Insurance
    • Life Insurance
    • LIC
  • World
  • About Us
  • Contact Us

© 2021 Invest Policy. All Right Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In