April 23, 2024 14:59 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Rajnath Singh visits Siachen, carries out assessment of security situation | Government employee shot dead in targeted attack in Kashmir's Rajouri | 'Congress will take away your homes, jewels': PM Modi ups his attack amid row | Centre orders sampling test of spices from Everest, MDH after ban in Hong Kong, Singapore | 'Illegal, I challenge it': Mamata Banerjee on Calcutta HC cancelling 24,000 jobs in SSC scam probe
Fuel prices remain unchanged Fuel Prices
Image Credit: UNI

Fuel prices remain unchanged

India Blooms News Service | @indiablooms | 18 Nov 2021, 11:35 am

New Delhi/UNI: The prices of petrol and diesel remained unchanged for two weeks in a row on Thursday.

The fuel prices had come down sharply on Nov 4 after the Centre announced reduction in excise duties on petrol and diesel by Rs 5 and Rs 10 respectively.

In the national capital, a litre of petrol costs Rs 103.97, Rs 104.67 in Kolkata, Rs 109.98 in Mumbai and Rs 101.40 in Chennai.

Similarly, a litre of diesel is available at Rs 86.67 in New Delhi, Rs 89.79 in Kolkata, Rs 94.14 in Mumbai and Rs 91.43 in Chennai.

After the Centre cut the excise duties, most state governments and union territories too reduced Value Added Tax (VAT) on petrol and diesel, providing much relief to the common man.

Some states, mostly non BJP-ruled, are yet to undertake any reduction in VAT on motor fuels.

Prices of diesel and petrol were rising for the last few days across the country, breaching all previous records but the Centre's announcement to cut the excise duties gave relief to people using the two motor fuels.

The rise in the fuel prices in the domestic market was mainly attributed to global upsurge in crude oil prices.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.