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No respite! Petrol, diesel prices hiked for 6th day in a row, continue to soar in Delhi, Mumbai
In Delhi, the price of petrol has been raised by 29 paise from 88.44 per litre to Rs 88.73 a litre, while diesel rate was increased by 32 paise from Rs 78.74 per litre to Rs 79.06 a litre
BusinessToday.In | February 14, 2021 | Updated 11:26 IST
Petrol and diesel rates are revised on a daily basis in line with changes in international crude oil prices
Petrol, diesel continue to soar across metros, touching all-time highs after being increased for the sixth straight day on Sunday, February 14. Oil marketing companies hiked fuel prices by almost 29-32 paise.
Cabinet gives approval to ONGC to buy govt s 51% stake in HPCL
Cabinet gives approval to ONGC to buy govt s 51% stake in HPCL
The Cabinet On Wednesday Approved The Sale Of Governmentâs 51.11 Per Cent Stake In Oil Refiner HPCL To Indiaâs Largest Oil Producer ONGC For A Potential Rs 26,000 Crore To Rs 30,000 Crore, A Top Source Said. PTI | Updated on: 20 Jul 2017, 08:46:55 AM
New Delhi:
The Cabinet on Wednesday approved sale of government’s 51.11 per cent stake in oil refiner HPCL to India’s largest oil producer ONGC for a potential Rs 26,000 crore to Rs 30,000 crore, a top source said.
Petrol and diesel prices soared to record highs on Friday after rates were hiked for the fourth day in a row.Petrol price was increased by 31 paise per litre and diesel by 35 paise a litre, according to a price notification of state-owned fuel retailers.
The more things change, the more they remain the same for fuel consumers. In March 2020, the crash in international oil prices prompted the NDA government to sharply raise taxes on petroleum products
Petrol price crosses Rs 88-mark in Delhi, diesel breaches Rs 85 in Mumbai
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Last Updated: Feb 12, 2021, 03:01 PM IST
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Synopsis
Rates have risen as international oil prices touched USD 61 per barrel for the first time in more than a year on improving demand outlook amid the global rollout of COVID-19 vaccines, Oil Minister Dharmendra Pradhan on Wednesday had said. Central and state taxes make up for over 61 per cent of the retail selling price of petrol and about 56 per cent of diesel.
Fuel prices rise sharply, Petrol above Rs 94 in Mumbai, Diesel crosses Rs 85 mark
New Delhi: Petrol and diesel prices soared to record highs on Friday after rates were hiked for the fourth day in a row. Petrol price was increased by 31 paise per litre and diesel by 35 paise a litre, according to a price notification of state-owned fuel retailers.