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Rs 72.38 a litre: Petrol prices hit highest level since Modi came to power

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Diesel also touched record high of Rs 63.20 a litre, prompting oil ministry to seek cut in excise duty in the upcoming Union Budget BUDGET NEWS : Petrol costs on Tuesday hit the highest stage since the BJP government came to electricity in 2014, and diesel touched a record high of Rs sixty three.20 a litre, prompting the oil ministry to are trying to find a reduce in excise obligation. Petrol charge rose to Rs seventy two.38 in step with litre in Delhi, highest on the grounds that March 2014, in keeping with each day gasoline price listing of country-owned oil companies. prices have risen by way of Rs three.31 in line with litre on account that mid-December. In Mumbai, expenses have crossed Rs eighty-mark - most expensive in the usa. Diesel is being bought at Rs 67.30 in Mumbai, wherein the local sales tax or VAT charges are better. given that mid-December, diesel costs have jumped Rs 4.86 a litre, according to oil corporations. The spurt in fees, caused by ...

Diwali bonanza: Petrol, diesel to cost less in Gujarat, Maharashtra

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The Maharashtra government reduced petrol and diesel prices by Rs 2 and Rs 1 respectively LATEST NEWS : A week after Petroleum Minister Dharmendra Pradhan urged the state governments to cut the value added tax or VAT on petrol and diesel, two BJP-ruled states Gujarat and Maharashtra have today slashed the VAT on fuel. The Gujarat government on Tuesday announced a 4 per cent cut in VAT on petrol and diesel, effective from midnight, to bring down fuel prices in the state. The Maharashtra government reduced petrol and diesel prices by Rs 2 and Rs 1 respectively. Making the announcement, Chief Minister Vijay Rupani told the media that with the reduction in VAT, petrol price will be reduced by Rs 2.93 a litre and that of diesel by Rs 2.72 a litre. "The decision will provide a big relief to the middle class during Diwali festival and vacation," he said. (Click here to read the entire report) The move comes after Maharashtra had increased to 47 per cen...