Friday 1 August 2014

Petrol price cut by Rs 1.09 a litre



i. Oil marketing companies have slashed retail selling price of petrol by Rs 1.09 a litre in Delhi, with a corresponding decrease in other states due to the strengthening of the Indian rupee vis-à-vis the US Dollar. The price cut will be effective from midnight July 31/August 1.

ii. Price of diesel sold to bulk customers like railways has also been reduced by Rs 0.71 a litre at Delhi (including VAT), with a corresponding decrease in other states.

iii. However, the retail selling price of diesel for normal customers has been increased by Rs 0.56 a litre (including VAT) in Delhi. The increase is as per the January 2013 Government directive to increase diesel prices.......................http://onlinepages.in

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