Read more about Petrol crosses Rs 100 in Tamil Nadu after steep hike in fuel rates on Business Standard. Petrol price soared past Rs 100-a-litre mark in Tamil Nadu after fuel prices were hiked again on Saturday.Petrol and diesel prices were hiked by 35 paise per litre each - the steepest in recent times, according to a price notification of
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With around 65 per cent of the total truck fleet in the country out of the road owing to lockdown and lockdown-like conditions in most of the states, the truck industry losses have mounted to around Rs 42,000 crore from the start of the fiscal till mid of this month, All India Motor Transport Congress (AIMTC) has said. The transport sector, which is the lifeline of the nation and essential services provider to the people of the country, bears the first impact of the lockdowns and the curfews, it said. The industry has sought relief from the government by way of EMI moratorium, soft loans provision without collateral, tax waiver, extension of validity of insurance, among others, AIMTC Core Committee chairman Bal Malkit Singh said.