Tag: Petrol Price

Odisha govt on Thursday cut Rs 3 VAT on fuel prices in addition to Centre’s excise duty cut on petrol & diesel.

Following the Centre's announcement to cut excise duty on petrol by Rs 5 and on diesel by Rs 10, retail prices of petrol and diesel fell between Rs 5-10 per litre on Thursday. The move was in view of containing surging rates.

In a much-needed relief for the people of Odisha, CM Naveen Patnaik on Thursday (November 4) announced Rs 3 VAT reduction on petrol and diesel.

Since, January 1, 2021, the fuel rates have risen by more than Rs 26 a litre before the duty cuts.

"In recent months, crude oil prices have witnessed a global upsurge. Consequently, domestic prices of petrol and diesel had increased in recent weeks exerting inflationary pressure."

With diesel prices rising sharply, the fuel is now available at over Rs 100 a litre in several parts of the country

While petrol price in most of the country is already above Rs 100-a-litre mark, diesel rates have crossed that level in a dozen states/UT including Madhya Pradesh, Rajasthan, Odisha, Andhra Pradesh, Telangana, Gujarat, Maharashtra, Chattisgarh, Bihar, Kerala, Karnataka and Ladakh.

Prices of auto fuels petrol and diesel rose on Friday too as global oil surged again, with benchmark Brent crude gaining over 1 per cent to cross $83 a barrel.

Fuel prices in Malkangiri district of Odisha hit all time high burning holes in common man’s pocket.

In Mumbai, the petrol price was stable at Rs 107.26 per litre on Wednesday while diesel rates also remained unchanged at Rs 96.19 a litre.

The 41 increases have taken up petrol prices by Rs 11.44 per litre in Delhi, while the diesel rates have spiked by Rs 8.74 per litre in the national capital.

The long price pause for auto fuels came after fuel prices increased for 41 days in the current financial year.

A youth from Odisha's Berhampur has come up with a unique innovation to deal with the rising fuel prices.

New Delhi/Bhubaneswar: The daily revision of prices of petrol and diesel coming into effect from today in the state has drawn a lot of flak. While most people complained that this move will create confusion, many said it is a measure to cheat customers. However, a few people commended the step. The price will be […]

New Delhi: Petrol price in Delhi fell further on Tuesday to touch a new 2018 low of Rs 69.79 per litre. On Monday, petrol was sold at Rs 69.86 a litre in the national capital, data on the Indian Oil Corp’ website showed. Similarly, in the southern metropolitan city of Chennai too, petrol price declined […]