Finance Minister Nirmala Sitharaman has allocated the money under the head "capital support to oil marketing companies". It offered no explanation why the blue chip, cash rich oil PSUs should need capital support.
Finance Minister Ishaq Dar made the announcement in a televised address on Sunday morning, spoiling people's weekly holiday as prices in the past had been adjusted on a fortnightly basis from the first to sixteenth of every month.
Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27.
Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27.
Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27.
In Delhi, petrol and diesel cost Rs 96.72 per litre and Rs 89.62 per litre, respectively. In Mumbai, petrol is being sold for Rs 106.31/litre and diesel for Rs 94.27/litre.
Petrol and diesel in Delhi cost Rs 96.72/litre and Rs 89.62/litre. In Mumbai, petrol is being sold for Rs 106.31/litre and diesel for Rs 94.27/litre
Petrol and diesel sales jumped 22-26 per cent year-on-year while also rising month-on-month in the first half of October.
The prices of petrol and diesel held steady on October 13
Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27.
Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27.
Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively
Fuel prices on July 16 stayed steady
Petrol and diesel prices held steady on June 23, as per the latest price notification issued by fuel retailers.
In Mumbai, one litre of petrol costs R s 111.35 and diesel Rs 97.28.
According to a price notification from fuel retailers, petrol in Delhi now costs Rs 105.41 a litre and diesel Rs 96.67 a litre.
State-owned oil companies made no modifications in the country's four metros, while prices in several other cities changed.
On November 3, the Centre went for the deepest excise duty cut ever to cool prices from record highs, reducing the duty on petrol by Rs 5 and on diesel by Rs 10.
On November 3, the Centre went for the deepest excise duty cut ever to cool prices from record highs, reducing the duty on petrol by Rs 5 and on diesel by Rs 10.
On November 3, the Centre went for the deepest excise duty cut ever to cool prices from record highs, reducing the duty on petrol and diesel by Rs 5 and Rs 10 respectively
On November 3, the Centre went for the deepest excise duty cut ever to cool prices from record highs, reducing the duty on petrol by Rs 5 and on diesel by Rs 10.
On November 3, the Centre went for the deepest excise duty cut ever to cool prices from record highs, reducing the duty on petrol by Rs 5 and on diesel by Rs 10.
On November 3, the Centre went for the deepest excise duty cut ever to cool prices from record highs, reducing the duty on petrol by Rs 5 and on diesel by Rs 10.
On November 3, the Centre went for the deepest excise duty cut ever to cool prices from record highs, reducing the duty on petrol by Rs 5 and on diesel by Rs 10.
On November 3, the Centre went for the deepest excise duty cut ever to cool prices from record highs, reducing the duty on petrol by Rs 5 and on diesel by Rs 10