Sri Lanka is facing severe economic crisis, and recently Buddhist monks visit Rajapaksa and urged temple, churches to help. Several Buddhist prelates have also urged a national policy.

Sri Lanka economic crisis: Buddhist monks call for relief for the people

In Sri Lanka, people are facing a severe economic crisis and recently protesters have tried to storm Sri Lankan President Rajapaksa's home. Watch this exclusive ground report by Dasuni on Sri Lanka's current scenario.

Violent protests over economic crisis: Protesters set fire to an army bus

In Sri Lanka, at least 45 people from the group of protesters have been arrested after riots. President Gotabaya Rajapaksa's office released a statement identifying organized extremist groups behind the protests. Watch this report by Dasuni from Colombo.

Anti-government unrest in Sri Lanka: Lankan authorities arrest 45 people after riots

External Affairs Minister S Jaishankar met Sri Lanka's Finance Minister Basil Rajapaksa on Monday. Jaishankar is there for 5th BIMSTEC summit, where foreign ministers of all seven nations are present and the summit will conclude on Wednesday.

External Affairs Minister S Jaishankar holds important bilateral talks in Sri Lanka

Sri Lanka is facing its biggest economic crisis since its independence. The crisis has only gone from bad to worse. People are facing huge shortage of essentials and forex reserves fell by over 70%.

Sri Lanka faces huge shortage of essentials, forex reserves down by over 70%

Sri Lanka is currently facing its worst-ever economic crisis since its independence. As per reports, acute shortage of essential items have lead to protests and clashes in Colombo.

Economic crisis deepens in Sri Lanka, protests rock Colombo over Inflation

People in Sri Lanka woke up to unprecedented rise in the price of petrol and diesel pushing the country into a deeper economic crisis. Lanka IOC, the Indian oil cooperation unit in Sri Lanka has increased the price of petrol.

Sri Lanka's deepening economic crisis: Fuel prices touch record high

Oil prices have climbed to their highest. Investors are worried about global political tensions involving major producers such as the United Arab Emirates and Russia that could exacerbate the already tight supply.

Oil hits 7-year high as tight supply bites

A global battle is underway over oil prices. An oil cartel wants to dictate what you pay for fuel. An alliance of six countries - that includes India - has come up with a plan to bring prices of fuel down. Palki Sharma tells you about the oil price war.

Gravitas: This Oil Cartel decides what you pay for fuel

UK gas price has hit new records. Surge in prices has fuelled fears of a winter energy crisis.

UK gas prices hit new records

As per the numbers that appeared in&nbsp;government data released on Monday, India's wholesale price inflation increased to 12.94 per cent year-on-year in May, up from 10.49 per cent in April, owing primarily to a rise in energy prices.

Fuel prices increased 37.61 per cent year over year in May, according to data from the Ministry of Commerce and Industry. 
 
According to the government, the high rate of inflation in May was caused by a low base effect and increases in the prices of crude petroleum, mineral oils, and manufactured goods. 
 
The wholesale price index (WPI)-based inflation has risen for the fifth month in a row.WPI inflation reached double digits in April 2021, at 10.49 per cent.&nbsp;

"The annual rate of inflation, based on monthly WPI, was 12.94 per cent for the month of May 2021 (over May 2020) as compared to (-) 3.37 per cent in May 2020. The high rate of inflation in May 2021 is primarily due to the low base effect and rise in prices of crude petroleum, mineral oils viz. Petrol, diesel, naphtha, furnace oil etc. And manufactured products as compared to the corresponding month of the previous year," the Commerce and Industry Ministry said. 
 
(With inputs from agencies)

As per the numbers that appeared in government data released on Monday, India's wholesale price inflation increased to 12.94 per cent year-on-year in May, up from 10.

As per the numbers that appeared in government data released on Monday, India's wholesale price inflation increased to 12.94 per cent year-on-year in May, up from 10.49 per cent in April, owing primarily to a rise in energy prices. Fuel prices increased 37.61 per cent year over year in May, according to data from the Ministry of Commerce and Industry. According to the government, the high rate of inflation in May was caused by a low base effect and increases in the prices of crude petroleum, mineral oils, and manufactured goods. The wholesale price index (WPI)-based inflation has risen for the fifth month in a row.WPI inflation reached double digits in April 2021, at 10.49 per cent. "The annual rate of inflation, based on monthly WPI, was 12.94 per cent for the month of May 2021 (over May 2020) as compared to (-) 3.37 per cent in May 2020. The high rate of inflation in May 2021 is primarily due to the low base effect and rise in prices of crude petroleum, mineral oils viz. Petrol, diesel, naphtha, furnace oil etc. And manufactured products as compared to the corresponding month of the previous year," the Commerce and Industry Ministry said. (With inputs from agencies)

India's wholesale price inflation hits record high of 12.94% in May on costlier fuel

Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said there is a need for coordinated action between the centre and state governments to reduce taxes on petrol and diesel prices.

"There is a need for coordinated action between the centre and the states because there are inherent taxes levied by both,"&nbsp;the governor said, adding that calibrated reduction of taxes is important.

Watch |&nbsp;

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He, however, said both the centre and the state governments have their revenue pressures and they are required to spend high sums of money to enable the country and the people to come out of the COVID-19 pandemic stress.

"So the revenue requirement and the compulsion of the governments are fully understood. But having said that the impact on inflation also is something, which comes in from the fact that petrol and diesel prices do have an impact on the cost of manufacturing, production,"&nbsp;the Governor said at an event organised by Bombay Chamber of Commerce.

On the central bank's digital currency, Das said a lot of work is going on internally in the RBI and some broad guidelines and approach papers will be released on it soon.

The governor said RBI has certain concerns on cryptocurrencies and it has already been communicated to the government.

He said RBI is looking into strengthening the regulatory architecture for asset reconstruction companies (ARCs).

"(We are) refining and further upgrading the regulatory architecture in respect of the ARCs to ensure that they have a skin in the game, and they are very much in business is receiving a lot of attention from us,"&nbsp;Das said.

On setting up of ARC for non-performing asset (NPA) management, as announced in the Budget 2021, he said, "(in) no way will it jeopardise the activity of the existing ARCs."

The governor said there is growing realisation and awareness among banks to dealing with bad assets and they are proactively making provision in their books for stressed assets.

He said RBI has sharpened and deepened its supervisory methods and is doing deep dive into areas of banking which were not done earlier.&nbsp;

"We have a precise idea of build-up of stressed assets in banks and as soon as we see a sign of stress, we immediately enter into a discussion with the banks and proactively deal with the problems,"&nbsp;he said.

Das also asked public and private sector banks to improve their credit appraisal processes and take measures to stop ever-greening of loans.

He emphasised that the country's financial sector currently is in a far much better place than it was earlier.&nbsp; 
&nbsp;

Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said there is a need for coordinated action between the centre and state governments to reduce taxes on petrol and diesel prices.

Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said there is a need for coordinated action between the centre and state governments to reduce taxes on petrol and diesel prices. "There is a need for coordinated action between the centre and the states because there are inherent taxes levied by both," the governor said, adding that calibrated reduction of taxes is important. Watch | He, however, said both the centre and the state governments have their revenue pressures and they are required to spend high sums of money to enable the country and the people to come out of the COVID-19 pandemic stress. "So the revenue requirement and the compulsion of the governments are fully understood. But having said that the impact on inflation also is something, which comes in from the fact that petrol and diesel prices do have an impact on the cost of manufacturing, production," the Governor said at an event organised by Bombay Chamber of Commerce. On the central bank's digital currency, Das said a lot of work is going on internally in the RBI and some broad guidelines and approach papers will be released on it soon. The governor said RBI has certain concerns on cryptocurrencies and it has already been communicated to the government. He said RBI is looking into strengthening the regulatory architecture for asset reconstruction companies (ARCs). "(We are) refining and further upgrading the regulatory architecture in respect of the ARCs to ensure that they have a skin in the game, and they are very much in business is receiving a lot of attention from us," Das said. On setting up of ARC for non-performing asset (NPA) management, as announced in the Budget 2021, he said, "(in) no way will it jeopardise the activity of the existing ARCs." The governor said there is growing realisation and awareness among banks to dealing with bad assets and they are proactively making provision in their books for stressed assets. He said RBI has sharpened and deepened its supervisory methods and is doing deep dive into areas of banking which were not done earlier. "We have a precise idea of build-up of stressed assets in banks and as soon as we see a sign of stress, we immediately enter into a discussion with the banks and proactively deal with the problems," he said. Das also asked public and private sector banks to improve their credit appraisal processes and take measures to stop ever-greening of loans. He emphasised that the country's financial sector currently is in a far much better place than it was earlier.

Need coordinated action between centre, states on tax reduction in fuel prices: RBI governor 

With&nbsp;the state of heightened tensions&nbsp;continuing&nbsp;in&nbsp;several countries in West Asia, there has been an unprecedented hike in fuel prices, much&nbsp;to the dismay of the&nbsp;general public.&nbsp;

Be it the Iran-backed Houthis in Yemen attacking opponents Saudi Arabia&nbsp;or&nbsp;the US hunting for Iranian oil tankers&nbsp;at sea,&nbsp;West Asia is on&nbsp;the&nbsp;edge.&nbsp;&nbsp;

In Yemen, the Houthis have launched a fresh offensive against the government forces' last stronghold, Marib. The attacks are spilling over to Saudi Arabia, a key backer of the Yemeni government.&nbsp;&nbsp;

Last Week, the Houthi rebels launched a drone strike in the heart of Saudi Arabia's Abha airport. In the four hits, a civilian aircraft burst into flames.&nbsp;&nbsp;

And on Sunday in another attempt, an explosive-laden drone was fired towards the kingdom. This time, it was intercepted and destroyed. Such brazen attacks will surely elicit a response, which only time will tell.&nbsp;

In the Persian Gulf, the standoff between the US and Iran has been growing.&nbsp;The US is in search of Iranian oil tankers&nbsp;headed for countries like Venezuela. The US&nbsp;believes&nbsp;Iran is circumventing sanctions&nbsp;and exporting oil.&nbsp;

West Asia&nbsp;has been&nbsp;tense&nbsp;for some time&nbsp;now.&nbsp;After Qassem Soleimani's Assassination, the US and Iran were also almost at war.&nbsp;This has impacted the fuel prices too.&nbsp;

The OPEC members and Russia are also holding back on production. It is a time-tested policy to drive up prices.&nbsp;&nbsp;

Prices of&nbsp;crude oil, which is&nbsp;a sensitive commodity&nbsp;from the most politically volatile region on earth,&nbsp;West Asia,&nbsp;are&nbsp;sky-rocketing&nbsp;and&nbsp;have&nbsp;reached on a 13-month high on Monday.&nbsp;It has also spooked the investors.&nbsp;

The Brent crude was up almost two per cent. At one point, it was trading at 63.76 dollars per barrel.&nbsp;Last time, the fuel&nbsp;prices&nbsp;had witnessed this kind of a hike in January 2020.&nbsp;

A&nbsp;conflict happening thousands of miles away&nbsp;has put an adverse impact on the&nbsp;personal expenses&nbsp;of several people. To know more, visit your local gas station.&nbsp;

In&nbsp;the US,&nbsp;the Covid Stimulus Bill is&nbsp;on&nbsp;track&nbsp;for approval. It&nbsp;will help small businesses.&nbsp;The&nbsp;oil markets&nbsp;would&nbsp;love a good recovery.&nbsp;Especially&nbsp;when,&nbsp;it involves world's biggest consumer.&nbsp;

In India's Bhopal,&nbsp;premium petrol&nbsp;has&nbsp;crossed the 100-rupee mark.&nbsp;Petrol and diesel are selling at record rates.&nbsp;In New Delhi,&nbsp;Petrol is now worth&nbsp;Rs&nbsp;89&nbsp;per&nbsp;litre,&nbsp;diesel&nbsp;is at&nbsp;Rs&nbsp;79.35.&nbsp;&nbsp;

The government isn't planning to cut taxes, which means the only relief will come when global oil prices correct.&nbsp;&nbsp;

With the state of heightened tensions continuing in several countries in West Asia, there has been an unprecedented hike in fuel prices, much to the dismay of the general public.

With the state of heightened tensions continuing in several countries in West Asia, there has been an unprecedented hike in fuel prices, much to the dismay of the general public. Be it the Iran-backed Houthis in Yemen attacking opponents Saudi Arabia or the US hunting for Iranian oil tankers at sea, West Asia is on the edge. In Yemen, the Houthis have launched a fresh offensive against the government forces' last stronghold, Marib. The attacks are spilling over to Saudi Arabia, a key backer of the Yemeni government. Last Week, the Houthi rebels launched a drone strike in the heart of Saudi Arabia's Abha airport. In the four hits, a civilian aircraft burst into flames. And on Sunday in another attempt, an explosive-laden drone was fired towards the kingdom. This time, it was intercepted and destroyed. Such brazen attacks will surely elicit a response, which only time will tell. In the Persian Gulf, the standoff between the US and Iran has been growing. The US is in search of Iranian oil tankers headed for countries like Venezuela. The US believes Iran is circumventing sanctions and exporting oil. West Asia has been tense for some time now. After Qassem Soleimani's Assassination, the US and Iran were also almost at war. This has impacted the fuel prices too. The OPEC members and Russia are also holding back on production. It is a time-tested policy to drive up prices. Prices of crude oil, which is a sensitive commodity from the most politically volatile region on earth, West Asia, are sky-rocketing and have reached on a 13-month high on Monday. It has also spooked the investors. The Brent crude was up almost two per cent. At one point, it was trading at 63.76 dollars per barrel. Last time, the fuel prices had witnessed this kind of a hike in January 2020. A conflict happening thousands of miles away has put an adverse impact on the personal expenses of several people. To know more, visit your local gas station. In the US, the Covid Stimulus Bill is on track for approval. It will help small businesses. The oil markets would love a good recovery. Especially when, it involves world's biggest consumer. In India's Bhopal, premium petrol has crossed the 100-rupee mark. Petrol and diesel are selling at record rates. In New Delhi, Petrol is now worth Rs 89 per litre, diesel is at Rs 79.35. The government isn't planning to cut taxes, which means the only relief will come when global oil prices correct.

Turmoil in West Asia sparks hike in fuel prices

Petrol and diesel prices maintained a northward rally on Monday, the seventh consecutive day when the retail prices have risen across the country, with oil on the boil in global markets and both crude and product prices seeing a big spike.

Accordingly, oil marketing companies raised the pump price of diesel by a high level of 29 paise per litre and petrol by another 26 paise per litre in Delhi.

With this increase, petrol is now priced at Rs 88.99 a litre and diesel Rs 79.35 a litre in the national capital.

In the last seven days, the price has gone up by Rs 2.06 per litre for petrol while diesel rate has risen by Rs 2.56 a litre.

Across the country as well the petrol price increase ranged from 23-26 paise per litre and diesel price 28-30 paise per litre depending on the level of local taxes on the two petroleum products.

In Mumbai, petrol price is just Rs 4 per litre short (Rs 95.46 a litre) of touching three digit mark of Rs 100 per litre for the very first ever anywhere in the country. Diesel price in the city is closing on Rs 90 a litre (Rs 86.34 a litre). In all other metros, petrol is over Rs 90 a litre mark while diesel is well over Rs 80 a litre barring Delhi

The increase on Monday has followed the firming global oil prices (both product and crude) that have maintained a record streak of gains in the past few days with crude reaching close to $ 63.5 a barrel mark (single day gain over 2 per cent).

But experts said that fresh lockdown in various parts of the globe on new coronavirus strain may impact demand and push down prices soon. Also, Saudi Arabia unilateral production cuts may also be withdrawn post March putting downward pressure on oil prices.

Though firm global crude and product price is the reason for the increase in retail price of petrol and diesel, it is interesting to note that even though crude has been hovering just over $55 a barrel for a long time earlier, OMCs had gone in for both a pause in price of auto fuels as well increase in its retail prices on consecutive days.

Crude prices have remained firm for the last few weeks in the wake of unilateral production cuts announced by Saudi Arabia and a pick up in consumption in all major economies globally.

The petrol and diesel prices have increased 19 times in 2021 with the two auto fuels increasing by Rs 5.28 and Rs 5.48 per litre respectively so far this year.

The last few increases in pump prices in petrol and diesel has taken its price to record levels across the country in all major metro cities and other towns. The last time the retail price of auto fuels were closer to current levels was on October 4, 2018 when crude prices had shot up up $ 80 a barrel.

The current price rise is largely on account of steep increase in central taxes of petrol and diesel and firm crude prices. The Budget has also imposed a new agriculture infrastructure and development cess. Oil minister Dharmendra Pradhan has ruled out any cut in duty on petro products.

Petrol and diesel prices maintained a northward rally on Monday, the seventh consecutive day when the retail prices have risen across the country, with oil on the boil in global markets and both crude and product prices seeing a big spike.

Petrol and diesel prices maintained a northward rally on Monday, the seventh consecutive day when the retail prices have risen across the country, with oil on the boil in global markets and both crude and product prices seeing a big spike. Accordingly, oil marketing companies raised the pump price of diesel by a high level of 29 paise per litre and petrol by another 26 paise per litre in Delhi. With this increase, petrol is now priced at Rs 88.99 a litre and diesel Rs 79.35 a litre in the national capital. In the last seven days, the price has gone up by Rs 2.06 per litre for petrol while diesel rate has risen by Rs 2.56 a litre. Across the country as well the petrol price increase ranged from 23-26 paise per litre and diesel price 28-30 paise per litre depending on the level of local taxes on the two petroleum products. In Mumbai, petrol price is just Rs 4 per litre short (Rs 95.46 a litre) of touching three digit mark of Rs 100 per litre for the very first ever anywhere in the country. Diesel price in the city is closing on Rs 90 a litre (Rs 86.34 a litre). In all other metros, petrol is over Rs 90 a litre mark while diesel is well over Rs 80 a litre barring Delhi The increase on Monday has followed the firming global oil prices (both product and crude) that have maintained a record streak of gains in the past few days with crude reaching close to $ 63.5 a barrel mark (single day gain over 2 per cent). But experts said that fresh lockdown in various parts of the globe on new coronavirus strain may impact demand and push down prices soon. Also, Saudi Arabia unilateral production cuts may also be withdrawn post March putting downward pressure on oil prices. Though firm global crude and product price is the reason for the increase in retail price of petrol and diesel, it is interesting to note that even though crude has been hovering just over $55 a barrel for a long time earlier, OMCs had gone in for both a pause in price of auto fuels as well increase in its retail prices on consecutive days. Crude prices have remained firm for the last few weeks in the wake of unilateral production cuts announced by Saudi Arabia and a pick up in consumption in all major economies globally. The petrol and diesel prices have increased 19 times in 2021 with the two auto fuels increasing by Rs 5.28 and Rs 5.48 per litre respectively so far this year. The last few increases in pump prices in petrol and diesel has taken its price to record levels across the country in all major metro cities and other towns. The last time the retail price of auto fuels were closer to current levels was on October 4, 2018 when crude prices had shot up up $ 80 a barrel. The current price rise is largely on account of steep increase in central taxes of petrol and diesel and firm crude prices. The Budget has also imposed a new agriculture infrastructure and development cess. Oil minister Dharmendra Pradhan has ruled out any cut in duty on petro products.

Petrol, diesel prices rise for 7th consecutive day

Consumer Price Index (CPI) or retail inflation in March 2019 rose to 2.86 percent as against a four-month high of 2.57 percent in February, according to government data released Friday.

The inflation based on the Consumer Price Index (CPI) was 2.57 per cent in February this year. On a yearly basis, it was 4.28 per cent in March 2018.

The data released by the Central Statistics Office (CSO) showed that inflation in food basket rose to 0.3 per cent in March from (-) 0.66 per cent in the previous month.

The rate of price rise was also higher in the 'fuel and light' category. The inflation in the segment rose to 2.42 per cent as against 1.24 per cent in February.

&nbsp;

Consumer Price Index (CPI) or retail inflation in March 2019 rose to 2.86 percent as against a four-month high of 2.57 percent in February, according to government data released Friday.

Consumer Price Index (CPI) or retail inflation in March 2019 rose to 2.86 percent as against a four-month high of 2.57 percent in February, according to government data released Friday. The inflation based on the Consumer Price Index (CPI) was 2.57 per cent in February this year. On a yearly basis, it was 4.28 per cent in March 2018. The data released by the Central Statistics Office (CSO) showed that inflation in food basket rose to 0.3 per cent in March from (-) 0.66 per cent in the previous month. The rate of price rise was also higher in the 'fuel and light' category. The inflation in the segment rose to 2.42 per cent as against 1.24 per cent in February.

Retail inflation increases to 2.86% in March on higher food, fuel prices

India’s passenger vehicle industry reported its worst performance in five years in the just-ended fiscal as higher fuel prices, increase in insurance costs, lack of financing options and farm distress crimped demand. Scooter sales grew at the slowest pace in 14 years, underscoring a slowdown in demand in urban markets.

WION Wallet: Auto sales at their worst, signs of worry for Indian Economy

There is no respite yet for common citizens as prices of fuel and diesel saw a fresh hike on Wednesday.

Petrol is now being sold 13 paise higher at Rs&nbsp;71.27 per litre and diesel at Rs&nbsp;65.90 per litre after a 19 paise hike in New Delhi.

In Mumbai, petrol is retailing at Rs&nbsp;76.90 per litre after an increase of 13 paise and diesel is being sold at Rs&nbsp;69.01 per litre after a 2 paise hike in its price.

The price revision comes amidst a global dip in the price of crude oil.

Analysts say the prices of crude were down owing to a reduction in the global economic growth forecast which triggered concerns over demand for oil in the coming weeks.

There is no respite yet for common citizens as prices of fuel and diesel saw a fresh hike on Wednesday. Petrol is now being sold 13 paise higher at Rs 71.27 per litre and diesel at Rs 65.

There is no respite yet for common citizens as prices of fuel and diesel saw a fresh hike on Wednesday. Petrol is now being sold 13 paise higher at Rs 71.27 per litre and diesel at Rs 65.90 per litre after a 19 paise hike in New Delhi. In Mumbai, petrol is retailing at Rs 76.90 per litre after an increase of 13 paise and diesel is being sold at Rs 69.01 per litre after a 2 paise hike in its price. The price revision comes amidst a global dip in the price of crude oil. Analysts say the prices of crude were down owing to a reduction in the global economic growth forecast which triggered concerns over demand for oil in the coming weeks.

No respite from surging fuel prices, petrol crosses Rs 71 per litre in Delhi

Petrol prices on Sunday in the national capital and in Mumbai rose by Rs 0.23 at Rs 70.95 per litre and Rs 76.58 respectively.&nbsp;

Diesel, on the other hand, was selling for Rs 65.45 per litre - up by Rs 0.29 - in Delhi. A litre of diesel is selling for Rs 68.53, up by Rs. 0.31, in Mumbai.

<a href="http://www.wionews.com/business-economy/fresh-hike-in-fuel-prices-on-saturday-191380">Fuel prices witnessed a fresh hike on Saturday</a>, adding to commuters' woes.

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Petrol and diesel prices at Rs 70.95/litre (increase by Rs 0.23) &amp; Rs 65.45/litre (increase by Rs. 0.29), respectively in Delhi. Petrol and diesel prices at Rs 76.58/litre (increase by Rs. 0.23) &amp; Rs 68.53/litre (increase by Rs. 0.31), respectively in Mumbai. <a href="https://t.co/qra9C6i9wQ">pic.twitter.com/qra9C6i9wQ</a>
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In New Delhi, petrol was being sold 17 paise higher at Rs 70.72/litre, and diesel at Rs 65.16/litre after a 19 paise hike.

Also, petrol was retailing at Rs 76.35/litre (increased by 17 paise) and diesel at Rs. 68.22/litre (increased by 20 paise) in Mumbai on Saturday.

The rise in prices comes amidst the revision of global crude oil prices owing to a possible stifling of supply in the near future.

(With inputs from ANI)&nbsp;

Petrol prices on Sunday in the national capital and in Mumbai rose by Rs 0.23 at Rs 70.95 per litre and Rs 76.58 respectively. Diesel, on the other hand, was selling for Rs 65.

Petrol prices on Sunday in the national capital and in Mumbai rose by Rs 0.23 at Rs 70.95 per litre and Rs 76.58 respectively. Diesel, on the other hand, was selling for Rs 65.45 per litre - up by Rs 0.29 - in Delhi. A litre of diesel is selling for Rs 68.53, up by Rs. 0.31, in Mumbai. Fuel prices witnessed a fresh hike on Saturday, adding to commuters' woes. Petrol and diesel prices at Rs 70.95/litre (increase by Rs 0.23) & Rs 65.45/litre (increase by Rs. 0.29), respectively in Delhi. Petrol and diesel prices at Rs 76.58/litre (increase by Rs. 0.23) & Rs 68.53/litre (increase by Rs. 0.31), respectively in Mumbai. pic.twitter.com/qra9C6i9wQ — ANI (@ANI) January 20, 2019 × In New Delhi, petrol was being sold 17 paise higher at Rs 70.72/litre, and diesel at Rs 65.16/litre after a 19 paise hike. Also, petrol was retailing at Rs 76.35/litre (increased by 17 paise) and diesel at Rs. 68.22/litre (increased by 20 paise) in Mumbai on Saturday. The rise in prices comes amidst the revision of global crude oil prices owing to a possible stifling of supply in the near future. (With inputs from ANI)

Fuel prices continue to rise, petrol up by 23 paise in Delhi, Mumbai

Fuel prices witnessed a marginal rise on Friday. Petrol price in New Delhi saw an increase of 08 paise and is now retailing at Rs 70.55 per litre, while the price of diesel was hiked by 19 paise to be sold at Rs 64.97 per litre.

Meanwhile, petrol prices in Mumbai saw an increase of 07 paise to be sold at Rs 76.18 per litre, while diesel is being sold 20 paise higher at Rs 68.02 per litre.

On Thursday, petrol and diesel were retailing at Rs 70.47 and Rs 64.78 per litre, respectively, in Delhi, while in Mumbai, a litre of petrol was selling at Rs. 76.11 per litre after an increase of 14 paise.

On the other hand, diesel witnessed a rise in price by 20 paise in Mumbai and was sold at Rs 67.82 per litre.

The rise in prices comes amidst the revision of global crude oil prices owing to a possible stifling of supply in the near future.&nbsp;

Fuel prices witnessed a marginal rise on Friday. Petrol price in New Delhi saw an increase of 08 paise and is now retailing at Rs 70.55 per litre, while the price of diesel was hiked by 19 paise to be sold at Rs 64.

Fuel prices witnessed a marginal rise on Friday. Petrol price in New Delhi saw an increase of 08 paise and is now retailing at Rs 70.55 per litre, while the price of diesel was hiked by 19 paise to be sold at Rs 64.97 per litre. Meanwhile, petrol prices in Mumbai saw an increase of 07 paise to be sold at Rs 76.18 per litre, while diesel is being sold 20 paise higher at Rs 68.02 per litre. On Thursday, petrol and diesel were retailing at Rs 70.47 and Rs 64.78 per litre, respectively, in Delhi, while in Mumbai, a litre of petrol was selling at Rs. 76.11 per litre after an increase of 14 paise. On the other hand, diesel witnessed a rise in price by 20 paise in Mumbai and was sold at Rs 67.82 per litre. The rise in prices comes amidst the revision of global crude oil prices owing to a possible stifling of supply in the near future.

Fuel prices witness marginal rise in Delhi, Mumbai

A day after <a href="http://www.wionews.com/business-economy/after-six-days-of-continuous-rise-petrol-prices-reduce-by-8-paise-in-delhi-mumbai-190591">petrol prices saw a dip</a> after rising for six consecutive days, rates were hiked again on Thursday.

In Delhi, petrol&nbsp;is now being sold at Rs 70.47 per litre after witnessing an increase of&nbsp;0.14 paise. Whereas diesel is being retailed at Rs 64.78 per litre after a hike of 0.19 paise.

In Mumbai, petrol&nbsp;retailed at Rs 76.11 per litre after a hike of 0.14 paise. Diesel prices were also revised to Rs 67.82 per litre after&nbsp;an increase of 0.20 paise.

After a consistent rise in fuel prices for days, the prices of petrol witnessed a little decline on Wednesday.

In Delhi,&nbsp;petrol prices were reduced by 0.8 paise in Delhi and Mumbai, diesel saw an increase of around 12 paise.

The prices of petrol were also&nbsp;revised to Rs 70.33 per litre in Delhi, Rs 75.97 in Mumbai, Rs 73 in Chennai and Rs 72.44 in Kolkata.

Petrol price had touched a record high of Rs 84 per litre in Delhi and Rs 91.34 in Mumbai on October 4. Diesel on that day had peaked to Rs 75.45 a litre in Delhi and Rs 80.10 in Mumbai.

Prices had started to climb from August 16.

After the consistent rise, the government decided to cut excise duty on petrol and diesel by Rs 1.50 per litre each and asked state-owned fuel retailers to subsidise the price by another Re 1 a litre by reducing their margins.

The prices also reduced due to the falling international prices and the appreciation of the money.

A day after petrol prices saw a dip after rising for six consecutive days, rates were hiked again on Thursday. In Delhi, petrol is now being sold at Rs 70.47 per litre after witnessing an increase of 0.

A day after petrol prices saw a dip after rising for six consecutive days, rates were hiked again on Thursday. In Delhi, petrol is now being sold at Rs 70.47 per litre after witnessing an increase of 0.14 paise. Whereas diesel is being retailed at Rs 64.78 per litre after a hike of 0.19 paise. In Mumbai, petrol retailed at Rs 76.11 per litre after a hike of 0.14 paise. Diesel prices were also revised to Rs 67.82 per litre after an increase of 0.20 paise. After a consistent rise in fuel prices for days, the prices of petrol witnessed a little decline on Wednesday. In Delhi, petrol prices were reduced by 0.8 paise in Delhi and Mumbai, diesel saw an increase of around 12 paise. The prices of petrol were also revised to Rs 70.33 per litre in Delhi, Rs 75.97 in Mumbai, Rs 73 in Chennai and Rs 72.44 in Kolkata. Petrol price had touched a record high of Rs 84 per litre in Delhi and Rs 91.34 in Mumbai on October 4. Diesel on that day had peaked to Rs 75.45 a litre in Delhi and Rs 80.10 in Mumbai. Prices had started to climb from August 16. After the consistent rise, the government decided to cut excise duty on petrol and diesel by Rs 1.50 per litre each and asked state-owned fuel retailers to subsidise the price by another Re 1 a litre by reducing their margins. The prices also reduced due to the falling international prices and the appreciation of the money.

Fuel prices up again, petrol at Rs 70.47 per litre in Delhi, diesel at Rs 64.78 per litre

After a consistent <a href="http://www.wionews.com/business-economy/fuel-price-continue-to-increase-on-sixth-day-petrol-up-by-28-paise-in-delhi-mumbai-190330">rise for six consecutive days</a>, the prices of petrol on Wednesday witnessed a little decline.

While petrol prices&nbsp;were reduced by 0.8 paise in Delhi and Mumbai, diesel saw an increase of around 12 paise.

The prices of petrol were revised to Rs 70.33 per litre in Delhi, Rs 75.97&nbsp;in Mumbai, Rs 73 in Chennai and Rs 72.44 in Kolkata.

Diesel which rose by 12&nbsp;paise in Delhi and 13 paise in Mumbai was revised to Rs 64.59 per litre in Delhi, Rs 67.62 per litre in Mumbai, Rs 66.36 in Kolkata and Rs 68.22 in Chennai.

The petrol prices on Tuesday were recorded at Rs 70.41 per litre in Delhi, Rs 76.05 per litre in Mumbai, Rs 72.52 per litre in Kolkata and 73.08 in Chennai.

While Diesel was recorded at Rs 64.47 per litre in Delhi and Rs 67.49 per litre in Mumbai, Rs 66.24 in Kolkata and Rs 68.09 in Chennai.

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Petrol and diesel prices at Rs. 70.33/litre (decrease by Rs 0.08) &amp; Rs. 64.59/litre (increase by Rs. 0.12), respectively in Delhi. Petrol and diesel prices at Rs. 75.97/litre (decrease by Rs. 0.08) &amp; Rs. 67.62/litre (increase by Rs. 0.13), respectively in Mumbai. <a href="https://t.co/tFgg38PoJC">pic.twitter.com/tFgg38PoJC</a>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1085330452741709824?ref_src=twsrc%5Etfw">January 16, 2019</a></blockquote>
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Petrol price had touched a record high of Rs 84 per litre in Delhi and Rs 91.34 in Mumbai on October 4. Diesel on that day had peaked to Rs 75.45 a litre in Delhi and Rs 80.10 in Mumbai.

Prices had started to climb from August 16.

After the consistent rise, the government decided to cut excise duty on petrol and diesel by Rs 1.50 per litre each and asked state-owned fuel retailers to subsidise the price by another Re 1 a litre by reducing their margins.

The prices also reduced due to the falling international prices and the appreciation of the money.

(With inputs from agencies)

After a consistent rise for six consecutive days, the prices of petrol on Wednesday witnessed a little decline. While petrol prices were reduced by 0.8 paise in Delhi and Mumbai, diesel saw an increase of around 12 paise.

After a consistent rise for six consecutive days, the prices of petrol on Wednesday witnessed a little decline. While petrol prices were reduced by 0.8 paise in Delhi and Mumbai, diesel saw an increase of around 12 paise. The prices of petrol were revised to Rs 70.33 per litre in Delhi, Rs 75.97 in Mumbai, Rs 73 in Chennai and Rs 72.44 in Kolkata. Diesel which rose by 12 paise in Delhi and 13 paise in Mumbai was revised to Rs 64.59 per litre in Delhi, Rs 67.62 per litre in Mumbai, Rs 66.36 in Kolkata and Rs 68.22 in Chennai. The petrol prices on Tuesday were recorded at Rs 70.41 per litre in Delhi, Rs 76.05 per litre in Mumbai, Rs 72.52 per litre in Kolkata and 73.08 in Chennai. While Diesel was recorded at Rs 64.47 per litre in Delhi and Rs 67.49 per litre in Mumbai, Rs 66.24 in Kolkata and Rs 68.09 in Chennai. Petrol and diesel prices at Rs. 70.33/litre (decrease by Rs 0.08) & Rs. 64.59/litre (increase by Rs. 0.12), respectively in Delhi. Petrol and diesel prices at Rs. 75.97/litre (decrease by Rs. 0.08) & Rs. 67.62/litre (increase by Rs. 0.13), respectively in Mumbai. pic.twitter.com/tFgg38PoJC — ANI (@ANI) January 16, 2019 × Petrol price had touched a record high of Rs 84 per litre in Delhi and Rs 91.34 in Mumbai on October 4. Diesel on that day had peaked to Rs 75.45 a litre in Delhi and Rs 80.10 in Mumbai. Prices had started to climb from August 16. After the consistent rise, the government decided to cut excise duty on petrol and diesel by Rs 1.50 per litre each and asked state-owned fuel retailers to subsidise the price by another Re 1 a litre by reducing their margins. The prices also reduced due to the falling international prices and the appreciation of the money. (With inputs from agencies)

After six days of continuous rise, petrol prices reduce by 8 paise in Delhi, Mumbai

Petrol prices in the country continued to witness a slump on Thursday with petrol now being sold at Rs 73.24 per litre in the national capital.&nbsp;

In the financial capital Mumbai, petrol prices slipped to Rs 78.80 per litre. While the prices in Kolkata and Chennai were revised to Rs 75.24 and Rs 76.01 respectively.

On Wednesday, the prices of petrol were recorded at Rs 73.57 per litre in Delhi, Rs 79.12 in Mumbai, Rs 76.35 in Chennai and Rs 75.57 per litre in Kolkata.

The rates of the fuel across India have been slashing due to the fall in the prices of crude oil.

The United States recently softened its stand on Iran's sanctions and given nod to eight oil countries to continue to import oil from Tehran temporarily. The list includes India, China, South Korea, Japan, Turkey, Italy, the United Arab Emirates and Taiwan.

Petrol prices in the country continued to witness a slump on Thursday with petrol now being sold at Rs 73.24 per litre in the national capital. In the financial capital Mumbai, petrol prices slipped to Rs 78.

Petrol prices in the country continued to witness a slump on Thursday with petrol now being sold at Rs 73.24 per litre in the national capital. In the financial capital Mumbai, petrol prices slipped to Rs 78.80 per litre. While the prices in Kolkata and Chennai were revised to Rs 75.24 and Rs 76.01 respectively. On Wednesday, the prices of petrol were recorded at Rs 73.57 per litre in Delhi, Rs 79.12 in Mumbai, Rs 76.35 in Chennai and Rs 75.57 per litre in Kolkata. The rates of the fuel across India have been slashing due to the fall in the prices of crude oil. The United States recently softened its stand on Iran's sanctions and given nod to eight oil countries to continue to import oil from Tehran temporarily. The list includes India, China, South Korea, Japan, Turkey, Italy, the United Arab Emirates and Taiwan.

Fuel prices continue to fall: Petrol at Rs 73.24 per litre in Delhi

Petrol prices in national capital continued to witness a slump on Wednesday with petrol now being sold at Rs 73.57 per litre.&nbsp;

In the financial capital Mumbai, petrol prices slipped to Rs 79.12 per litre.

On Tuesday, the prices of petrol were recorded at Rs 74.07 per litre in Delhi, Rs 79.12 in Mumbai, Rs 76.35 in Chennai and Rs 75.57 per litre in Kolkata.

The rates of the fuel across India have been slashing due to the fall in the prices of crude oil.

The United States recently softened its stand on Iran's sanctions and given nod to eight oil countries to continue to import oil from Tehran temporarily. The list includes India, China, South Korea, Japan, Turkey, Italy, the United Arab Emirates and Taiwan.

Petrol prices in national capital continued to witness a slump on Wednesday with petrol now being sold at Rs 73.57 per litre. In the financial capital Mumbai, petrol prices slipped to Rs 79.

Petrol prices in national capital continued to witness a slump on Wednesday with petrol now being sold at Rs 73.57 per litre. In the financial capital Mumbai, petrol prices slipped to Rs 79.12 per litre. On Tuesday, the prices of petrol were recorded at Rs 74.07 per litre in Delhi, Rs 79.12 in Mumbai, Rs 76.35 in Chennai and Rs 75.57 per litre in Kolkata. The rates of the fuel across India have been slashing due to the fall in the prices of crude oil. The United States recently softened its stand on Iran's sanctions and given nod to eight oil countries to continue to import oil from Tehran temporarily. The list includes India, China, South Korea, Japan, Turkey, Italy, the United Arab Emirates and Taiwan.

Fuel prices continue to fall: Petrol at Rs 73.57 per litre in Delhi

State-run oil-marketing companies continued to cut the prices of key transport fuels — petrol and diesel — well into the fifth week on Monday on lower global crude oil prices.

In the national capital Delhi, petrol was priced at Rs 76.52 as against Rs 76.71 on Sunday and diesel was sold at Rs 71.39 as compared to Rs 71.56 yesterday, according to data available on Indian Oil Corporation website.

In the country's business capital Mumbai, petrol was sold at Rs 82.04 per litre on Monday compared to Rs 82.23 on Sunday. Diesel in Mumbai became cheaper by 18 paise to Rs 74.79.

The rates of fuel across India are witnessing a continuous decline due to a fall in the prices of crude oil. The United States recently softened its stand on Iran's sanctions and gave its nod to eight countries to continue importing oil from Iran temporarily. The list of countries includes India, China, South Korea, Japan, Turkey, Italy, the United Arab Emirates, and Taiwan.

(With inputs from agencies)

State-run oil-marketing companies continued to cut the prices of key transport fuels — petrol and diesel — well into the fifth week on Monday on lower global crude oil prices.

State-run oil-marketing companies continued to cut the prices of key transport fuels — petrol and diesel — well into the fifth week on Monday on lower global crude oil prices. In the national capital Delhi, petrol was priced at Rs 76.52 as against Rs 76.71 on Sunday and diesel was sold at Rs 71.39 as compared to Rs 71.56 yesterday, according to data available on Indian Oil Corporation website. In the country's business capital Mumbai, petrol was sold at Rs 82.04 per litre on Monday compared to Rs 82.23 on Sunday. Diesel in Mumbai became cheaper by 18 paise to Rs 74.79. The rates of fuel across India are witnessing a continuous decline due to a fall in the prices of crude oil. The United States recently softened its stand on Iran's sanctions and gave its nod to eight countries to continue importing oil from Iran temporarily. The list of countries includes India, China, South Korea, Japan, Turkey, Italy, the United Arab Emirates, and Taiwan. (With inputs from agencies)

Fuel prices continue to slide as global crude rates ease 

Fuel prices once again witnessed a decline on Sunday in New Delhi and Mumbai owing to a reduction in the rates of crude oil.

In New Delhi, petrol is being sold at Rs 76.71 per litre after a decrease of 20 paise, and diesel at Rs 71.56 per litre after a decrease of 18 paise.

Meanwhile, in Mumbai petrol is retailing 20 paise lower at Rs 82.23 per litre and diesel at Rs 74.97 after a decrease of 19 paise.

The rates of fuel across India are witnessing a continuous decline due to a fall in the prices of crude oil.

The United States recently softened its stand on Iran`s sanctions and gave its nod to eight countries to continue importing oil from Iran temporarily.&nbsp;

The list of countries includes India, China, South Korea, Japan, Turkey, Italy, the United Arab Emirates, and Taiwan.&nbsp;

Fuel prices once again witnessed a decline on Sunday in New Delhi and Mumbai owing to a reduction in the rates of crude oil. In New Delhi, petrol is being sold at Rs 76.

Fuel prices once again witnessed a decline on Sunday in New Delhi and Mumbai owing to a reduction in the rates of crude oil. In New Delhi, petrol is being sold at Rs 76.71 per litre after a decrease of 20 paise, and diesel at Rs 71.56 per litre after a decrease of 18 paise. Meanwhile, in Mumbai petrol is retailing 20 paise lower at Rs 82.23 per litre and diesel at Rs 74.97 after a decrease of 19 paise. The rates of fuel across India are witnessing a continuous decline due to a fall in the prices of crude oil. The United States recently softened its stand on Iran`s sanctions and gave its nod to eight countries to continue importing oil from Iran temporarily. The list of countries includes India, China, South Korea, Japan, Turkey, Italy, the United Arab Emirates, and Taiwan.

Fuel prices continue downward trend today

Oil-marketing companies further slashed&nbsp;prices of petrol and diesel well into the fourth week on Sunday as global crude oil prices faltered.

According to the Indian Oil Corp data, petrol was priced at Rs 77.73 per litre in the national capital on Sunday, 16 paise lower from Saturday.&nbsp;

Petrol prices fell by 16 paise to 83.24 per litre in Mumbai. &nbsp;

Meanwhile, diesel was priced at Rs 72.46 per litre in Delhi on Sunday, 12 paise lower than Saturday while in Mumbai diesel is retailed at Rs 75.92 per litre, 13 paise lower than Saturday. &nbsp;

As per the daily dynamic pricing regime, domestic fuel prices depend on international fuel prices on a 15-day average, besides the value of the rupee.

The downward revision also comes on the back of multiple factors such as lower international crude oil cost and a recovery in the rupee against the US dollar,&nbsp; report said.

Earlier last month, the Centre announced a cut in excise duty by Rs 1.50 a litre.

Additionally, the state-owned oil marketing companies had been mandated to reduce the prices of petrol and diesel by Re 1 a litre.&nbsp; 
&nbsp;

Oil-marketing companies further slashed prices of petrol and diesel well into the fourth week on Sunday as global crude oil prices faltered. According to the Indian Oil Corp data, petrol was priced at Rs 77.

Oil-marketing companies further slashed prices of petrol and diesel well into the fourth week on Sunday as global crude oil prices faltered. According to the Indian Oil Corp data, petrol was priced at Rs 77.73 per litre in the national capital on Sunday, 16 paise lower from Saturday. Petrol prices fell by 16 paise to 83.24 per litre in Mumbai. Meanwhile, diesel was priced at Rs 72.46 per litre in Delhi on Sunday, 12 paise lower than Saturday while in Mumbai diesel is retailed at Rs 75.92 per litre, 13 paise lower than Saturday. As per the daily dynamic pricing regime, domestic fuel prices depend on international fuel prices on a 15-day average, besides the value of the rupee. The downward revision also comes on the back of multiple factors such as lower international crude oil cost and a recovery in the rupee against the US dollar, report said. Earlier last month, the Centre announced a cut in excise duty by Rs 1.50 a litre. Additionally, the state-owned oil marketing companies had been mandated to reduce the prices of petrol and diesel by Re 1 a litre.

Fuel prices witness steady fall amid faltering global crude rates

Petrol prices continued to decline on Saturday with prices of petrol reaching Rs 77.89 per litre in Delhi and Rs 83.40 per litre in Mumbai.

While prices of petrol reduced by 17 paise in the two cities, diesel prices witnessed a reduction of&nbsp;16 paise in Delhi and 17 paise in Mumbai.

The prices of diesel were revised to Rs 72.58 per litre in Delhi and Rs 76.05 per litre in Mumbai.

On Friday the prices of petrol were recorded at Rs 78.06 per litre in Delhi, Rs 79.98 in Kolkata, Rs 83.57 in Mumbai and Rs 81.08 in Chennai.

While diesel prices were recorded at Rs 72.74 per litre in Delhi, Rs 74.60 in Kolkata, Rs 76.22 in Mumbai and Rs 76.89 in Chennai.

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Petrol and diesel prices in <a href="https://twitter.com/hashtag/Delhi?src=hash&amp;ref_src=twsrc%5Etfw">#Delhi</a> are Rs 77.89 per litre (decrease by Rs 0.17) and Rs 72.58 per litre (decrease by Rs 0.16), respectively. Petrol and diesel prices in <a href="https://twitter.com/hashtag/Mumbai?src=hash&amp;ref_src=twsrc%5Etfw">#Mumbai</a> are Rs 83.40 per litre (decrease by Rs 0.17) and Rs 76.05 (decrease by Rs 0.17), respectively. <a href="https://t.co/jglQ1gGbLt">pic.twitter.com/jglQ1gGbLt</a>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1061057417230905344?ref_src=twsrc%5Etfw">November 10, 2018</a></blockquote>
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The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket.

In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2&nbsp;announced a reduction of Rs 2.50 per litre on both petrol and diesel prices.

The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre.&nbsp;

The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis.&nbsp;

The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.&nbsp;

&nbsp;

&nbsp;

Petrol prices continued to decline on Saturday with prices of petrol reaching Rs 77.89 per litre in Delhi and Rs 83.40 per litre in Mumbai. While prices of petrol reduced by 17 paise in the two cities, diesel prices witnessed a reduction of 16 paise in Delhi and 17 paise in Mumbai.

Petrol prices continued to decline on Saturday with prices of petrol reaching Rs 77.89 per litre in Delhi and Rs 83.40 per litre in Mumbai. While prices of petrol reduced by 17 paise in the two cities, diesel prices witnessed a reduction of 16 paise in Delhi and 17 paise in Mumbai. The prices of diesel were revised to Rs 72.58 per litre in Delhi and Rs 76.05 per litre in Mumbai. On Friday the prices of petrol were recorded at Rs 78.06 per litre in Delhi, Rs 79.98 in Kolkata, Rs 83.57 in Mumbai and Rs 81.08 in Chennai. While diesel prices were recorded at Rs 72.74 per litre in Delhi, Rs 74.60 in Kolkata, Rs 76.22 in Mumbai and Rs 76.89 in Chennai. Petrol and diesel prices in #Delhi are Rs 77.89 per litre (decrease by Rs 0.17) and Rs 72.58 per litre (decrease by Rs 0.16), respectively. Petrol and diesel prices in #Mumbai are Rs 83.40 per litre (decrease by Rs 0.17) and Rs 76.05 (decrease by Rs 0.17), respectively. pic.twitter.com/jglQ1gGbLt — ANI (@ANI) November 10, 2018 × The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket. In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2 announced a reduction of Rs 2.50 per litre on both petrol and diesel prices. The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre. The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis. The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.

Fuel prices slashed; petrol at Rs 77.89 per litre in Delhi, Rs 83.40 in Mumbai

Fuel prices in the country continued to decline on Thursday with prices of petrol reaching Rs 78.21 per litre in Delhi and Rs 83.72 per litre in Mumbai.

While petrol reduced by 21 paise in Delhi and 20 paise in Mumbai, diesel witnessed a reduction of 18 paise in the national capital and 19 paise in Mumbai.

Diesel prices were revised to Rs 72.89 per litre in Delhi and Rs 76.38 per litre in Mumbai.

Petrol prices on Wednesday were recorded at Rs 78.42 per litre in Delhi, Rs 80.33 in Kolkata, Rs 83.92 in Mumbai and Rs 81.46 in Chennai.

While diesel prices were recorded at Rs 73.07 per litre in Delhi, Rs 74.93 in Kolkata, Rs 76.57 in Mumbai and Rs 77.24 in Chennai.

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Petrol and diesel prices in <a href="https://twitter.com/hashtag/Delhi?src=hash&amp;ref_src=twsrc%5Etfw">#Delhi</a> are Rs 78.21 per litre (decrease by Rs 0.21) and Rs 72.89 per litre (decrease by Rs 0.18), respectively. Petrol and diesel prices in <a href="https://twitter.com/hashtag/Mumbai?src=hash&amp;ref_src=twsrc%5Etfw">#Mumbai</a> are Rs 83.72 per litre (decrease by Rs 0.20) and Rs 76.38 per litre (decrease by Rs 0.19), respectively. <a href="https://t.co/EKBBGQiOxj">pic.twitter.com/EKBBGQiOxj</a>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1060330686714970113?ref_src=twsrc%5Etfw">November 8, 2018</a></blockquote>
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The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket.

In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2&nbsp;announced a reduction of Rs 2.50 per litre on both petrol and diesel prices.

The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre.&nbsp;

The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis.&nbsp;

The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.&nbsp;

(With inputs from agencies)

&nbsp;

&nbsp;

Fuel prices in the country continued to decline on Thursday with prices of petrol reaching Rs 78.21 per litre in Delhi and Rs 83.72 per litre in Mumbai. While petrol reduced by 21 paise in Delhi and 20 paise in Mumbai, diesel witnessed a reduction of 18 paise in the national capital and 19 paise in Mumbai.

Fuel prices in the country continued to decline on Thursday with prices of petrol reaching Rs 78.21 per litre in Delhi and Rs 83.72 per litre in Mumbai. While petrol reduced by 21 paise in Delhi and 20 paise in Mumbai, diesel witnessed a reduction of 18 paise in the national capital and 19 paise in Mumbai. Diesel prices were revised to Rs 72.89 per litre in Delhi and Rs 76.38 per litre in Mumbai. Petrol prices on Wednesday were recorded at Rs 78.42 per litre in Delhi, Rs 80.33 in Kolkata, Rs 83.92 in Mumbai and Rs 81.46 in Chennai. While diesel prices were recorded at Rs 73.07 per litre in Delhi, Rs 74.93 in Kolkata, Rs 76.57 in Mumbai and Rs 77.24 in Chennai. Petrol and diesel prices in #Delhi are Rs 78.21 per litre (decrease by Rs 0.21) and Rs 72.89 per litre (decrease by Rs 0.18), respectively. Petrol and diesel prices in #Mumbai are Rs 83.72 per litre (decrease by Rs 0.20) and Rs 76.38 per litre (decrease by Rs 0.19), respectively. pic.twitter.com/EKBBGQiOxj — ANI (@ANI) November 8, 2018 × The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket. In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2 announced a reduction of Rs 2.50 per litre on both petrol and diesel prices. The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre. The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis. The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly. (With inputs from agencies)

Fuel prices down again, petrol at Rs 78.21 per litre in Delhi, Rs 83.72 in Mumbai

Fuel prices in the country continued to decline on Monday with the price of petrol reaching Rs 78.56 per litre in Delhi and Rs 84.06 per litre in Mumbai.

While the prices of petrol reduced by 22 paise in the two states, diesel witnessed a reduction of 20 paise in Delhi and 21 paise in Mumbai.

Diesel prices&nbsp;were&nbsp;revised to Rs Rs 73.16 per litre in Delhi and Rs 76.67 per litre in Mumbai.

Petrol prices on Sunday were recorded at Rs 78.78 per litre in Delhi, Rs 80.68 in Kolkata, Rs 84.28 in Mumbai and Rs 81.84 in Chennai.

While diesel prices were recorded at Rs 73.36 per litre in Delhi, Rs 75.22 in Kolkata, Rs 76.88 in Mumbai and Rs 77.55 in Chennai.

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Petrol and diesel prices in <a href="https://twitter.com/hashtag/Delhi?src=hash&amp;ref_src=twsrc%5Etfw">#Delhi</a> are Rs 78.56 per litre (decrease by Rs 0.22) and Rs 73.16 per litre (decrease by Rs 0.20), respectively. Petrol and diesel prices in <a href="https://twitter.com/hashtag/Mumbai?src=hash&amp;ref_src=twsrc%5Etfw">#Mumbai</a> are Rs 84.06 per litre (decrease by Rs 0.22) and Rs 76.67 per litre (decrease by Rs 0.21), respectively. <a href="https://t.co/qeniXI7nMs">pic.twitter.com/qeniXI7nMs</a>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1059249218689351681?ref_src=twsrc%5Etfw">November 5, 2018</a></blockquote>
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The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket.

In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2&nbsp;announced a reduction of Rs 2.50 per litre on both petrol and diesel prices.

The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre.&nbsp;

The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis.&nbsp;

The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.&nbsp;

(With inputs from agencies)

Fuel prices in the country continued to decline on Monday with the price of petrol reaching Rs 78.56 per litre in Delhi and Rs 84.06 per litre in Mumbai. While the prices of petrol reduced by 22 paise in the two states, diesel witnessed a reduction of 20 paise in Delhi and 21 paise in Mumbai.

Fuel prices in the country continued to decline on Monday with the price of petrol reaching Rs 78.56 per litre in Delhi and Rs 84.06 per litre in Mumbai. While the prices of petrol reduced by 22 paise in the two states, diesel witnessed a reduction of 20 paise in Delhi and 21 paise in Mumbai. Diesel prices were revised to Rs Rs 73.16 per litre in Delhi and Rs 76.67 per litre in Mumbai. Petrol prices on Sunday were recorded at Rs 78.78 per litre in Delhi, Rs 80.68 in Kolkata, Rs 84.28 in Mumbai and Rs 81.84 in Chennai. While diesel prices were recorded at Rs 73.36 per litre in Delhi, Rs 75.22 in Kolkata, Rs 76.88 in Mumbai and Rs 77.55 in Chennai. Petrol and diesel prices in #Delhi are Rs 78.56 per litre (decrease by Rs 0.22) and Rs 73.16 per litre (decrease by Rs 0.20), respectively. Petrol and diesel prices in #Mumbai are Rs 84.06 per litre (decrease by Rs 0.22) and Rs 76.67 per litre (decrease by Rs 0.21), respectively. pic.twitter.com/qeniXI7nMs — ANI (@ANI) November 5, 2018 × The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket. In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2 announced a reduction of Rs 2.50 per litre on both petrol and diesel prices. The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre. The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis. The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly. (With inputs from agencies)

Fuel prices further slashed; petrol selling at Rs 78.56 per litre, diesel 73.16 in Delhi

Fuel prices in the country reduced further on Saturday with prices of petrol reaching Rs 78.99 per litre&nbsp;in Delhi and Rs 84.49 per litre in Mumbai.

While the prices of petrol reduced by 19 paise in both the states, diesel prices reduced by 11 paise in Delhi and 12 paise in Mumbai.

The prices of diesel were revised to Rs 73.53 per litre in Delhi and Rs 77.06 per litre in Mumbai.

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Petrol and diesel prices in <a href="https://twitter.com/hashtag/Delhi?src=hash&amp;ref_src=twsrc%5Etfw">#Delhi</a> are Rs 78.99 (decrease by Rs 0.19) and Rs 73.53 per litre (decrease by Rs 0.11), respectively. Petrol and diesel prices in <a href="https://twitter.com/hashtag/Mumbai?src=hash&amp;ref_src=twsrc%5Etfw">#Mumbai</a> are Rs 84.49 per litre (decrease by Rs 0.19) and Rs 77.06 per litre (decrease by Rs 0.12), respectively. <a href="https://t.co/WstGj5FDjp">pic.twitter.com/WstGj5FDjp</a>
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Petrol prices on Thursday were recorded at Rs 79.18 per litre&nbsp;in Delhi, Rs 81.08 in Kolkata, Rs 84.68 in Mumbai and Rs 82.26 in Chennai.

While diesel prices were recorded at Rs 73.64 per litre in Delhi, Rs 75.50 in Kolkata, Rs 77.18 in Mumbai and Rs 77.85 in Chennai.

The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket.

In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2&nbsp;announced a reduction of Rs 2.50 per litre on both petrol and diesel prices.

The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre.&nbsp;

The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis.&nbsp;

The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.&nbsp;

(With inputs from agencies)

Fuel prices in the country reduced further on Saturday with prices of petrol reaching Rs 78.99 per litre in Delhi and Rs 84.49 per litre in Mumbai. While the prices of petrol reduced by 19 paise in both the states, diesel prices reduced by 11 paise in Delhi and 12 paise in Mumbai.

Fuel prices in the country reduced further on Saturday with prices of petrol reaching Rs 78.99 per litre in Delhi and Rs 84.49 per litre in Mumbai. While the prices of petrol reduced by 19 paise in both the states, diesel prices reduced by 11 paise in Delhi and 12 paise in Mumbai. The prices of diesel were revised to Rs 73.53 per litre in Delhi and Rs 77.06 per litre in Mumbai. Petrol and diesel prices in #Delhi are Rs 78.99 (decrease by Rs 0.19) and Rs 73.53 per litre (decrease by Rs 0.11), respectively. Petrol and diesel prices in #Mumbai are Rs 84.49 per litre (decrease by Rs 0.19) and Rs 77.06 per litre (decrease by Rs 0.12), respectively. pic.twitter.com/WstGj5FDjp — ANI (@ANI) November 3, 2018 × Petrol prices on Thursday were recorded at Rs 79.18 per litre in Delhi, Rs 81.08 in Kolkata, Rs 84.68 in Mumbai and Rs 82.26 in Chennai. While diesel prices were recorded at Rs 73.64 per litre in Delhi, Rs 75.50 in Kolkata, Rs 77.18 in Mumbai and Rs 77.85 in Chennai. The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket. In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2 announced a reduction of Rs 2.50 per litre on both petrol and diesel prices. The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre. The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis. The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly. (With inputs from agencies)

Petrol prices drop by 19 paise, reach Rs 78.99 per litre in Delhi, Rs 84.49 per litre in Mumbai

Fuel prices were further cutback by the Central Government on Friday with petrol and diesel now being sold at Rs 79.18 and Rs 73.64 per litre respectively in the national capital.

Compared to Thursday, petrol and diesel prices witnessed a decrease of 19 and 14 paise respectively in Delhi on Friday.

Meanwhile, in Mumbai, petrol and diesel are retailed at Rs 84.68 (decrease by 18 paise) and Rs 77.18 (decrease by 14 paise), respectively.

Fuel prices had earlier witnessed a relentless hike in the country, burning a hole in the common commuter's pocket.

However, the Central Government earlier this month announced a reduction of Rs 2.50 per litre on both petrol and diesel prices after curbing excise duty on the commodity by Rs 1.50 per litre.

However, earlier this month, the Central Government announced a reduction of Rs 2.50 per litre on both petrol and diesel prices after curbing excise duty on the commodity by Rs 1.50 per litre, urging state governments to do the same on their end.&nbsp;

Fuel prices were further cutback by the Central Government on Friday with petrol and diesel now being sold at Rs 79.18 and Rs 73.64 per litre respectively in the national capital.

Fuel prices were further cutback by the Central Government on Friday with petrol and diesel now being sold at Rs 79.18 and Rs 73.64 per litre respectively in the national capital. Compared to Thursday, petrol and diesel prices witnessed a decrease of 19 and 14 paise respectively in Delhi on Friday. Meanwhile, in Mumbai, petrol and diesel are retailed at Rs 84.68 (decrease by 18 paise) and Rs 77.18 (decrease by 14 paise), respectively. Fuel prices had earlier witnessed a relentless hike in the country, burning a hole in the common commuter's pocket. However, the Central Government earlier this month announced a reduction of Rs 2.50 per litre on both petrol and diesel prices after curbing excise duty on the commodity by Rs 1.50 per litre. However, earlier this month, the Central Government announced a reduction of Rs 2.50 per litre on both petrol and diesel prices after curbing excise duty on the commodity by Rs 1.50 per litre, urging state governments to do the same on their end.

Fuel prices further cutback by Central Government 

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