After reduction in excise duty, here's how much petrol, diesel costs in major Indian cities

News Network
May 22, 2022

With skyrocketing prices across commodities, the Centre on Saturday took a slew of measures, including cutting excise duty on petrol and diesel.

While the excise duty on petrol was cut by Rs 8 per litre, on diesel, it was reduced by Rs 6 per litre. The move will make pump prices of petrol lower by Rs 9.50 per litre and diesel by Rs 7 a litre, said Finance Minister Nirmala Sitharaman.

In the past two months, however, petrol prices have been hiked by Rs 10 per litre.

The excise duty cut will translate into a reduction of Rs 8.69 a litre on petrol in Delhi and Rs 7.05 per litre in diesel after taking into account its impact on other levies.

Petrol in the national capital now costs Rs 96.72 a litre as against Rs 105.41 previously. Diesel is now priced at Rs 89.62 per litre as opposed to Rs 96.67 earlier.

In Mumbai, petrol rates have been slashed to Rs 111.35 a litre from Rs 120.51, while diesel rates have come down to Rs 97.28 per litre from Rs 104.77.

In Bengaluru, petrol now costs Rs 101.94, down from Rs 111.09 a litre, while diesel is priced at Rs 87.89 from the previous Rs 94.79/ litre.

Petrol now costs Rs 106.03 a litre in Kolkata (earlier Rs 115.12) and Rs 102.63 in Chennai (previously Rs 110.85). Diesel is priced at Rs 92.76 a litre in Kolkata (previously Rs 99.83) and Rs 94.24 in Chennai (earlier Rs 100.94).

Rates differ from state to state depending on incidence of local taxes such as VAT.re.

After the latest excise cut, the incidence of central tax on petrol will come down to Rs 19.9 a litre and that on diesel to Rs 15.8 per litre.

Brent - the world's most known crude benchmark - was at $112.55 per barrel on Sunday.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 23,2022

Mumbai, June 23: Amid a rebellion by Shiv Sena leader Eknath Shinde, party MP Sanjay Raut on Thursday said the Sena is ready to quit the Maha Vikas Aghadi (MVA) government in Maharashtra if the group of rebel legislators camping in Assam returns to Mumbai in 24 hours and discusses the issue with Chief Minister Uddhav Thackeray.

Shinde is currently camping with 37 rebel MLAs of the Sena and nine independents in Guwahati, which has plunged the party-led state government into a crisis. The NCP and Congress also share power in the Uddhav Thackeray-led dispensation.

"You say you are real Shiv Sainiks and will not quit the party. We are ready to consider your demand provided you come back to Mumbai in 24 hours and discuss the issue with CM Uddhav Thackeray. Your demand will be considered positively. Don't write letters on Twitter and WhatsApp," Raut told reporters.

"The rebels who are out of Mumbai have raised the issue of Hindutva. If all these MLAs feel that Shiv Sena should walk out of the MVA, show guts to come back to Mumbai. You say you have issues only with the government and also say that you are true Shiv Sainiks...Your demand will be considered. But come and talk with Uddhav Thackeray," he added.

CM Thackeray had on Wednesday offered to quit the top post amid the rebellion by Shinde and later also vacated his official residence in south Mumbai before moving to his family home in suburban Bandra. 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 30,2022

New Delhi, June 30: India on Thursday logged 18,819 new Covid-19 cases, recording a jump of 29.7 per cent since yesterday, according to the Union Health Ministry data. 

On Wednesday, the nation reported 14,506 single-day infections.

The overall tally jumped to 4,34,52,164, while the active cases breached the 1 lakh mark.

The nation currently has 1,04,555 active Covid-19 cases. 

The death toll jumped to 5,25,116 with 39 more fatalities in the last 24 hours. 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 27,2022

sindethakeray.jpg

Mumbai, June 27: Rebel Shiv Sena MLA Eknath Shinde spoke to MNS chief Raj Thackeray over phone twice amidst the ongoing political crisis in Maharashtra, according to ANI.

Shinde spoke to Thackeray about the recent political situation in Maharashtra and enquired about his health, an MNS leader confirmed the agency. 

Rebel legislators led by Eknath Shinde inched closer to formally getting their group recognised and pulling out of the Maha Vikas Aghadi government.

The Shiv Sena-NCP-Congress dispensation is contemplating action against the rebels and ministers and dealing with them sternly which may include disqualification, suspension from the party and stripping their portfolios.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.