Friday, November 8, 2024
spot_img

Petrol to be cheaper by Rs 2.46 a litre

Date:

Share post:

spot_img
spot_img

New Delhi: India’s three oil marketing companies (OMCs) have decided to reduce petrol prices by a minimum of Rs 2.46 a litre, depending on states’ sales taxes, from midnight, it was announced on Thursday.

“The downward revision shall vary from Rs 2.46 per litre to Rs 3.22 per litre including state levies, depending upon the state taxes,” IOC said in the statement.

The decrease in other states would vary depending upon the respective rates of state VAT or sales tax.

In Delhi, the revised price for a litre of petrol would be Rs 67.78, in Mumbai it would be Rs 73.35 while in Chennai it would be Rs 72.27. The revised price in Kolkata, Hyderabad and Bangalore will be Rs 72.74, Rs 74.89 and Rs 76.39 a litre.

On June 2, the three OMCs cut petrol prices by Rs 1.68 a litre.

The three OMCs – IOC, Bharat Petroleum Corp. and Hindustan Petroleum Corp. – raised petrol rates by Rs.6.28 a litre, excluding state taxes, the steepest hike in recent memory, to offset the growing losses caused by subsidised rates, rise in the international oil price and a plunging rupee. (IANS)

 

spot_img
spot_img

Related articles

610,000 stimulant tablets seized in Myanmar

Yangon, Nov 8: Myanmar Police seized 610,000 stimulant tablets in Myanmar's Shan state, according to the Central Committee...

3 terror associates involved in Srinagar ‘Sunday Market’ grenade attack arrested

Srinagar, Nov 8: The three terror associates involved in a grenade attack at the Sunday Market in Srinagar...

Corruption an obstacle to economic progress: President Murmu

New Delhi, Nov 8:  President Droupadi Murmu on Friday highlighted the need for integrity and honesty in the...

Deepika holds daughter Dua in her arms as they jet off for a family vacation

Mumbai, Nov 8: New mom Deepika Padukone made her first public appearance with her daughter, Dua, on Friday....