After continuous hike in fuel price for 16 consecutive days, there is ‘a drop’ in the rates- of one paisa. The Indian Oil Corporation (IOCL) in a statement clarified that the petrol prices in Delhi have gone down by one paisa and not 60 paisa, as reported earlier.
“There was a technical glitch in posting the selling prices of petrol and diesel on our website today. The selling prices of petrol and diesel w.e.f 30th May 2018 have been rectified on our website. Today, there is a minor reduction in fuel prices,” IOCL clarified in a statement.
The current petrol price is Rs 78.42 per litre in Delhi and Rs 86.23 for a litre in Mumbai. In Kolkata, the revised rate is Rs 71.85 and in Chennai it’s Rs 73.17. Prices vary from state to state depending on factors like local sales tax or VAT. Read More
Latest posts by Business-Standard.com (see all)
- Oil PSUs profitability to take a hit if fuel price revision stops: Moody’s - March 26, 2019
- Captive coal mines overshoot target, total production up 8% - March 25, 2019
- UChicago, Tata Centre tie-up to rate India’s most polluting industries - March 25, 2019