Arun Jaitley announces Rs2.5/litre relief on petrol, diesel prices
News | Oct 04, 2018, 06:55 PM ISTArun Jaitley announces Rs2.5/litre relief on petrol, diesel prices
Arun Jaitley announces Rs2.5/litre relief on petrol, diesel prices
Finance Minister Arun Jaitley has announced that the Modi Government has decided to provide the relief against the backdrop of surging crude oil prices, which was at a four-year high of $86 a barrel. Announcing the decision to cut excise duty by Rs 1.5 per litre, while asking oil companies to absorb the loss of Rs 1 per litre, Jaitley also requested state governments to provide relief to consumers.
Petrol price on Monday crossed the Rs 91-mark in Mumbai while domestic cooking gas LPG rates breached the Rs 500-level for the first time ever.
Tamil Nadu couple gets petrol as wedding gift
In Mumbai, petrol touched Rs 89.54/litre (increased by Rs 0.10/litre). Likewise, diesel also recorded a new high and is being sold for Rs 78.42/litre (increased by Rs 0.9/litre).
Fuel prices continued to skyrocket yet again on Sunday. Petrol, diesel prices were hiked by 28 paise per litre and 18 paise per litre respectively in Delhi.
Petrol and diesel prices in Delhi are Rs 80.38 per litre and Rs 72.51 per litre respectively
Fuel rates skyrocket; petrol surges past Rs 80/litre mark in Delhi, diesel at Rs 72.5/litre
Petrol reached Rs 79.99 per litre and Rs 87.39 per litre in Delhi and Mumbai respectively.
In IndiaTV's exclusive report, it was revealed that the smugglers purchase fuel from Nepal at Rs 65 and sell it at Rs 80 in Bihar, Rs 5 cheaper than the market rate on the Indian side of the border.
Petrol price cut by 7 paise, diesel by 5 paise per litre
While Petrol touched Rs 78.43 per litre in Delhi, it was crossed Rs 86-mark to sell at Rs 86.24 per litre in Mumbai. Diesel in Delhi stood at Rs 69.31 per litre and Rs 73.79 per litre in Mumbai.
Seven Days of continuous hikes: Petrol crosses Rs Rs 76.24 per litre in Delhi
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