Diesel price was also unchanged at Rs 76.48 per litre. Petrol and diesel prices were hiked by 25 paise per litre on January 27, according to a price notification from oil marketing companies. This had taken prices in Delhi to Rs 86.30 per litre and Rs 76.48, respectively. Petrol prices in Mumbai stood at Rs 92.86 per litre the same as yesterday. One litre of diesel will cost Rs 83.30 in the city. In Chennai, petrol remained unchanged to sell at Rs 88.82. Diesel was retailing at Rs 81.71 in the city. In Kolkata, the retail price of petrol remained at Rs 87.69 and diesel at Rs 80.08 per litre.
Key highlights of Union Budget 2021-22 ANI | Updated: Feb 01, 2021 15:19 IST
New Delhi [India], February 1 (ANI): Finance Minister Nirmala Sitharaman on Monday announced higher capital expenditure for the FY 2021-22 and focused on providing a major boost to healthcare and infrastructure building.
In her Budget speech, Sitharaman mentioned that this year s budget focused on six pillars- Health and Wellbeing, Physical and Financial Capital, and Infrastructure, Inclusive Development for Aspirational India, Reinvigorating Human Capital, Innovation and R&D and minimum government and maximum governance.
Presenting the first-ever digital Union Budget, the minister stated that India s fight against COVID-19 continues into 2021 and that this moment in history, when the political, economic, and strategic relations in the post-COVID world are changing, is the dawn of a new era - one in which India is well-poised to truly be the land of promise and hope
Shares of state-run oil marketing companies were off day s high after the Finance Minister proposed an Agricultural Infrastructure and Development Cess on petrol and diesel.
Indian Oil Corporation rose 1.66% to Rs 94.85. The stock hit high of Rs 96.50 in intraday trade.
Bharat Petroleum Corporation rose 0.7% to Rs 386.55 after hitting high of Rs 398 in intraday trade.
Hindustan Petroleum Corporation fell 0.55% to Rs 217.50 after hitting high of Rs 222.35 in intraday trade.
Finance Minister Nirmala Sitharaman s Union Budget 2021 proposed an Agricultural Infrastructure and Development Cess (AIDC) of Rs 2.5 per litre on petrol and Rs 4 on diesel.
However, Finance Minister said that consequent to imposition of AIDC on petrol and diesel, the Basic excise duty (BED) and Special Additional Excise Duty (SAED) rates have been reduced on them so that overall consumer does not bear any additional burden.