Petrol price down 6 paise across metros
Business | June 16, 2019 23:29 ISTIn Delhi, petrol was sold for Rs 69.93 per litre, down from Rs 69.99 a litre on Saturday.
In Delhi, petrol was sold for Rs 69.93 per litre, down from Rs 69.99 a litre on Saturday.
The previous Congress-led UPA government had lost elections in 2014 when petrol prices had risen sharply in September 2013 to Rs 83.67. This is almost identical to price trend under the current regime when petrol price shot up to an all-time high level of over Rs 90 a liter in Mumbai in September 2018, just a few months ahead of the general election.
State-run oil marketing companies increased petrol rates by 38 paise per litre on Monday, while diesel prices were raised by 49-52 paise across the four major metros.
According to Indian Oil Corp's website, petrol price was at Rs 69.26 per litre in national capital Delhi on Saturday, 29 paise down from the Friday's levels of Rs 69.55 per litre.
The government had cut the excise duty on fuel prices in October in order to tackle increasing prices of petrol and diesel.
The cost of petrol in Delhi is now back to where it was in February while diesel is at mid-May levels.
India's largest bank and public sector oil giant have come up with an offer to give away five litres of petrol.
As the international oil prices continued to rise, price of petrol and diesel in Delhi increased to Rs 82.83 and Rs 75.69 on October 17. In Mumbai, rates touched Rs 88.29 a litre for petrol and Rs 79.35 for diesel.
Beginning October 18, international oil prices have been falling and rupee has also appreciated.
Likewise, in Mumbai, for petrol and diesel, you have to pay Rs 84.86 per litre (decreased by Rs 0.16) and Rs 77.32 per litre, respectively.
The CPCB will immediately make social media account on which citizens can complain about pollution, the top court ordered.
Likewise, in Mumbai, for petrol and diesel, you have to pay Rs 86.81 per litre (decreased by Rs 0.10) and Rs 78.46 per litre (decreased by Rs 0.08), respectively.
The deputy chief minister added that states which are already reeling under the losses cannot be expected to bear the burden of extra Rs 2.5/ltre cuts.
The revised rates of petrol in Delhi stood at Rs 81.82/litre and Rs 73.53/litre respectively.
“Respected Modi ji, common man is deeply troubled over spiralling prices of petrol and diesel. Please bring petrol, diesel under GST ambit,” Rahul Gandhi tweeted.
The 12 states which announced cuts in petrol and diesel prices are Maharashtra, Madhya Pradesh, Jharkhand, Chhattisgarh, Assam, Uttar Pradesh, Haryana, Jammu and Kashmir, Himachal Pradesh, Tripura Gujarat, and Goa.
Petrol now cheaper in Noida, Ghaziabad, gurugram compare to Delhi
The Centre cut excise duty on petrol and diesel by Rs 1.50 per litre and asked oil firms to absorb Re 1 a litre of prices.
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Arun Jaitley announces Rs2.5/litre relief on petrol, diesel prices
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