Fuel prices hiked for 12th day; petrol up over Rs 11 since Karnataka poll, diesel Rs 7.27 moneycontrol.com
A possible drop in Venezuela's crude output after a disputed presidential election, potential US sanctions on the country and US' stance on Iran are the key price drivers.
Petrol and diesel prices fell sharply today following a cut in excise duty, bringing relief to consumers. Currently, petrol and diesel prices are revised on a daily basis. After today's revision, prices of diesel fell by Rs. 2.25 per litre in Delhi, Rs. 2.25 in Kolkata, Rs. 2.38 in Mumbai and Rs. 2.41 in Chennai. The price of diesel today retailed at Rs. 56.89 in Delhi, Rs. 59.55 in Kolkata, Rs. 60.43 in Mumbai and Rs. 59.89 in Chennai, according to Indian Oil website. In comparison, on October 3 (Tuesday), diesel was priced at Rs. 59.14 in Delhi, Rs. 61.8 in Kolkata, Rs. 62.82 in Mumbai and Rs. 62.3 in Chennai, according to Indian Oil.
Similarly, petrol prices also fell sharply after today's revision. Petrol prices in Delhi, Kolkata and Mumbai fell nearly Rs. 2.5 per litre while in Chennai the reduction was Rs. 2.6. Petrol today retailed at Rs. 68.38 in Delhi, Rs. 71.16 in Kolkata, Rs. 77.51 in Mumbai and Rs. 70.85 in Chennai. In comparison, on October 3 (Tuesday), petrol was priced at Rs. 70.88 in Delhi, Rs. 73.62 in Kolkata, Rs. 79.99 in Mumbai and Rs. 73.48 in Chennai.
This is dedicated to all our so called nation lovers. Increase in
Petrol price for your kind notice
Good technique to increase petrol price. No one is knowing that petrol prices are increasing. What an idea sir ji.
Please share it so that this message become an eye opener for the public..... Forwarded as received
Why petrol and diesel prices are not brought under GST ???
Now for petrol and diesel the central exise duty is 23% and state VAT is 34%. A total tax of 57%. If these essential products are brought under GST , the maximum tax applicable is only 28%, which means the prices of petrol and diesel can come down by almost 29%. The public at large will be benefited. In Hyderabad we can get Petrol @Rs48.26 & Diesel @ Rs41.55. We the General public should voice our opinion. Please spread this message .