Another hike in fuel prices, Petrol and diesel cross Rs 80-mark in Delhi


On Friday, both petrol and crossed the Rs 80 mark in Delhi. The prices of petrol and diesel were up by 21 paise and 17 paise, respectively. Diesel was priced at Rs 80.19 a litre, up from Rs 80.02 a litre on Thursday, while petrol increased to Rs 80.13 a litre from Rs 79.92 a litre. This was the third consecutive day that were seen above petrol in the city, and the 19th day in a row with no downward price revision. However, the prices of petrol continued to be higher than diesel rates in other metro cities of Kolkata, Mumbai, and Chennai. The prices of petrol and diesel in Kolkata were seen at Rs 81.82 a litre and Rs 75.34 a litre, respectively, while in Mumbai they were Rs 86.91 a litre and Rs 78.51 a litre. In Chennai, petrol was priced at Rs 83.37 a litre and diesel at Rs 77.44 a litre. In the month of June, the price of liquefied petroleum gas (LPG) had also increased by Rs 11.50 a cylinder in Delhi. For the current month, price of a 14.2 kg non-subsidised LPG cylinders was seen at Rs 593 in

Johnson-Hitachi to halve imports, double exports over next 1 year


Leading air-conditioner maker Johnson Controls-India is planning to halve its import dependence and at the same time to double its exports over the next one year.

The move comes amidst the shrill calls for boycotting Chinese goods following violent skirmishes on the Leh border earlier this month that lead to the killing of 20 Indian soldiers.

The government sees the air-conditioning industry as a priority sector for generating jobs along with furniture, leather and footwear.

The domestic AC industry meets almost half of its parts through imports, primarily from China, and turn it to be a key export driver.

Johnson Controls-Air Conditioning India is a 60:40 JV between the American and Japanese companies, respectively, and enjoys 12.5 per cent of the Rs 16,000-crore market in value and 11 per cent of the 65-lakh units domestic AC market as of FY2020.

The company closed FY2020 with a turnover of Rs 2,300 crore, selling 7.5 lakh units, giving it a market share of over 12.5 per cent, chairman and managing director Gurmeet Singh said.

On profit, he said on average they

Six Injured In Glasgow Stabbing, Suspect Killed


Scottish police said officers shot dead a man after a suspected stabbing attack on Friday at a Glasgow hotel housing asylum seekers that left six others injured, including one of their colleagues.

Police Scotland said that the incident at the Park Inn hotel in the city’s centre was not being treated as a terrorist incident.

“The individual who was shot by armed police has died,” Assistant Chief Constable Steve Johnson said, adding that the situation was “contained” and there was no risk to the general public.

He said that the wounded 42-year-old police officer was in a critical but stable condition, but gave no details on how he or the other victims were injured.

The five other victims are all men, aged 17, 18, 20, 38 and 53, the police said, without revealing their condition.

Police were called to the hotel at about 1:00 pm (1300 GMT) and the surrounding area was cordoned off.

A map locating Glasgow

One man who said he lived on the hotel’s third floor told Sky News television he heard a man shouting for help and a woman screaming.

He went to investigate and found the lift was “covered in blood” then

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