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Petrol price up by 58 paisa a litre; diesel cut by 31 paisa

  •   Fri, Sep 16 2016 02:03:31 AM

NEW DELHI, Sep 16 (PTI) : Petrol price was on Thursday hiked by 58 paisa a litre while diesel rate was cut by 31 paisa per litre in line with international trends.

Petrol will cost Rs 64.05 a litre from midnight as against Rs 63.47. Similarly, diesel will cost Rs 52.63 a litre as compared to Rs 52.94 a litre.

This is the second increase in rates of petrol this month while in case of diesel it wipes away a part of the hike effected earlier this month.
Petrol price was last hiked on September 1 by a steep Rs 3.38 per litre and diesel by Rs 2.67 a litre.

"The current level of international product prices of petrol and diesel and rupee-US dollar exchange rate warrant increase in selling price of petrol and decrease in selling price of diesel, the impact of which is being passed on to the consumers with this price revision," Indian Oil Corp, the nation's largest fuel retailer, said.

The movement of prices in the international oil market and rupee-USD exchange rate shall continue to be monitored closely and developing trends of the market will be reflected in future price changes, it said in a statement.
  

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Comment on this article

  • Vincent Rodrigues., Frazer Town,Bangalore

    Fri, Sep 16 2016

    Government need to find out the ways to control fuel prices instead of changing the rate often

    DisAgree Agree [3] Reply Report Abuse

  • Rajesh, Udupi

    Fri, Sep 16 2016

    Modi gvt paid IRAN an interest of 1.5 pc on 6 billion dollar dues from past years… why so much dues? Who is responsble? Well, we had rulers who were busy looting the country and threw carrots at the public with cheap petrol price. Well, dues will have to be paid one day with interest. Today modi govt cannot pass on the rebate because there is no much dues still there from the past govt. naturaly the burden has to be shared by the public for keeping quite in the last decade.. thankfully looters are sent home and present govt understands that paying dues is more imporant than passing temporary rebate. Alas, will sickular brains undertnad this much? I doubt

    DisAgree [8] Agree [9] Reply Report Abuse

  • Antony Fernandes, Mangaluru/USA

    Fri, Sep 16 2016

    BJP Bhakths will tell this called MODI MAGIC, Ache din, popi kaala (way to hell)

    DisAgree [7] Agree [8] Reply Report Abuse

  • manoj, udupi

    Fri, Sep 16 2016

    "modi sarkar k aache din"

    DisAgree [2] Agree [8] Reply Report Abuse

  • moshu, Mangalore

    Fri, Sep 16 2016

    politicians has to be sued who cheat the voters by not fulfill their promises.

    DisAgree [1] Agree [16] Reply Report Abuse

  • TRUE INDIAN, IXE

    Fri, Sep 16 2016

    IF CONGRESS WOULD THERE. THE PETROL PRICE WOULD HAVE BEEN RS 20.

    MODI GANGA DIKHAKE KEECHAD MEI DAALDIYA.

    A INTELLIGENT PERSON WILL DEFINITELY NOT VOTE FOR BJP.

    IN NEXT ELECTION CAMPAIGN. IF BJP RALK ABOUT ACCHE DIN, THEY WILL RECEIVE ROTTEN EGGS TOMATOES ETC FROM THE PUBLIC.

    DisAgree [9] Agree [18] Reply Report Abuse

  • akhilesh, Mangalore/Bangalore

    Fri, Sep 16 2016

    hehehhe...joke of the decacde...congi sarkar would reduce the fuel price to 20 rupees!!!! waah kya joke hain yeh!!!

    DisAgree Agree [1] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Fri, Sep 16 2016

    Can someone explain this Logic ...

    DisAgree [3] Agree [14] Reply Report Abuse

  • KRPrabhu, Kudla/Bengaluru

    Fri, Sep 16 2016

    Ari muutare aapuji...munchig kai paadare aapuji....!!!
    Bayyad onji 90 paadare thondare barande uppda maarre...!!!

    DisAgree [1] Agree [8] Reply Report Abuse

  • geoffrey , hat hill

    Fri, Sep 16 2016

    Only Dev Kumar can. But currently he seems to be into meditation in one of those Himalayan caves.

    DisAgree [5] Agree [12] Reply Report Abuse

  • R. Fernandes, Mangalore

    Fri, Sep 16 2016

    Jossy, logic is "KELAVU DINA MATRA UPPUNI, BATTINATH BARAD" (very few days are remaining, whatever comes our way grab it). Unfortunately how many voters understand this ?

    DisAgree [6] Agree [10] Reply Report Abuse


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