Petrol price cut by Rs 2.42 a litre; diesel by 2.25 per litre

Last Updated: Tuesday, February 3, 2015, 19:55

Petrol in Delhi will cost Rs 56.49 a litre from midnight tonight as compared to Rs 58.91 now. Similarly, diesel will cost Rs 46.01 per litre as against Rs 48.26 at present.

Petrol price cut by Rs 2.42; diesel by Rs 2.25 per litre

Last Updated: Tuesday, February 3, 2015, 17:19

Petrol price was cut by Rs 2.42 while that of diesel was cut by 2.25 per litre, oil marketing companies said on Tuesday.

ATF price cut by 11.3%, to cost less than diesel

Last Updated: Sunday, February 1, 2015, 14:48

The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was cut by Rs 5,909.9 per kilolitre, or 11.27 percent, to Rs 46,513.02 per kl, oil companies announced on Sunday.

Petrol price cut by Rs 2.42, diesel by Rs 2.25/litre; excise hiked

Last Updated: Friday, January 16, 2015, 20:22

Petrol price was cut by Rs 2.42 per litre and diesel by Rs 2.25 a litre after an excise duty hike limited the benefit of global crude prices slumping to six-year low.

Petrol price cut by Rs 2.42, diesel by Rs 2.25 per litre

Last Updated: Friday, January 16, 2015, 18:53

While the fall in global oil rates is a boon for consumers, for oil companies it has meant over Rs 12,000 crore of inventory losses.

Government raises excise duty on petrol, diesel by Rs 2/litre

Last Updated: Friday, January 16, 2015, 17:50

This is the fourth since Prime Minister Narendra Modi lifted diesel price controls in October.

Rail passengers unlikely to benefit from diesel price cut

Last Updated: Monday, December 22, 2014, 20:10

Reduction in diesel price is unlikely to be passed on to rail passengers as the cross- subsidisation burden on passenger service is still hovering around Rs 26,000 crore.

Petrol, diesel prices slashed by Rs 2 per litre

Last Updated: Monday, December 15, 2014, 20:56

In Delhi, petrol will cost Rs 61.33 a litre, the lowest in 44 months, as compared to current price of Rs 63.33. The price has been cut by Rs 2.09 a litre in Mumbai to Rs 68.86.

Petrol, diesel prices cut by Rs 2 per litre each

Last Updated: Monday, December 15, 2014, 20:01

With the cut in the prices, petrol in Delhi will now cost Rs 61.33, Rs 68.65 in Kolkata, Rs Rs 68.86 in Mumbai and Rs 63.94 in Chennai; all effective from Tuesday.

Hike in fuel excise duty aimed to meet budget deficit: Pradhan

Last Updated: Wednesday, December 3, 2014, 12:56

The government had yesterday raised excise duty on petrol by Rs 2.25 per litre and by Re 1 a litre on diesel but retail pump rates will not be increased as oil firms decided to absorb the duty change for the time being.