The price of non-subsidised cooking gas (LPG), which customers buy after consuming their quota of subsidised cylinders, was hiked by a steep Rs 220 per bottle on Wednesday on firming international rates.

The price for non-subsidised cooking gas has been cut by Rs 37.50 a cylinder. The price cut would be applicable on cylinders that consumers buy beyond their quota of subsidised cylinders.

There has been a vociferous campaign to raise prices of diesel cars either by removing the excise benefit small diesel cars receive or imposing a Rs 80,000 'Diesel Tax' on all vehicles.

The petroleum ministry asks the finance ministry to scale down the excise duty on branded diesel in the forthcoming budget due to the sharp drop in the sale of the fuel.

It's a near-anarchy-like situation with hospitals running out of oxygen cylinders and life saving drugs, while stocks of all essentials, baby food and petroleum products are almost drying up.

The loss of government jobs is good riddance to an extent. But private organised sector must become a net employer soon. If that happens, the wealth creation party will surely last.

The most eagerly awaited autos that will hit the streets this year.