December 05, 2025 01:44 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Mamata fooled Muslims': Humayun Kabir explodes after TMC suspends him over 'Babri Masjid-style mosque' demand; announces new party | Mosque in the middle of Kolkata airport? Centre confirms flight risks, BJP fires at Mamata | Sam Altman is betting big on India! OpenAI in advanced talks with Tata to build AI infrastructure | Government removes mandatory pre-installation of Sanchar Saathi App. Know all details | Calcutta HC overturns controversial Bengal job annulment — 32,000 teachers rejoice! | Bengal SIR shock: 1 lakh ‘deceased voters’ found in Kolkata North! | Massive twist in Bengal voter list: ‘Perfect’ 2,280 booths shrink to just 480 after probe! | ‘Red carpet for intruders?’: Supreme Court raps petitioner in Rohingya case | Sanchar Saathi app row: Scindia shuts down Congress' ‘snooping’ charge — here’s what he said | Layoff alert! Marketing giant Omnicom to slash 4,000 jobs and shut historic ad agencies after IPG takeover

Petrol price cut by 70 paise a litre

| | Apr 16, 2014, at 01:54 am
#Petrol price cut by 70 paise a litre # Petrol price cut by 70 paise a litre
New Delhi, Apr 15 (IBNS): In a relief to consumers, petrol prices have been slashed by Re. 0.70 paise per litre, which is the second reduction in six months.
The prices of diesel were left unchanged.
 
The reduction will be effective from Tuesday midnight.
 
Petrol prices were reduced by  Re 0.75 per litre earlier on Mar 31.
 
"Indian Oil Corporation Ltd. has decided to decrease the retail selling prices of Petrol by Rs 0.70/litre (excluding state levies) w.e.f midnight of 15th / 16th April '14," state-run Indian Oil Corporation Ltd. (IOC) said in a statement on Tuesday.

"On 1st April’14, prices of Petrol were reduced by Rs. 0.75/litre excluding state levies resulting in Retail Selling Price at Delhi going down by Rs 0.90/litre. This reduction was effected on the back of a declining trend in international prices of MS accompanied by a strengthening of the INR-USD exchange rate."
 
"Since last price change, while International MS prices have remained almost static, the strengthening of INR-USD exchange rate has continued. The continued appreciation of the Rupee has resulted in reduction in petrol prices warranting the proposed decrease in selling price by Rs 0.70/litre (excluding state levies) w.e.f midnight of 15th / 16th April '14. With this price revision, RSP at Delhi shall decrease by Rs 0.85/litre," it said.
 
 

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.
Related Images
Nirmala Sitharaman presents Budget 2025
Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am
In Images: Glimpses from Bengali film Fatafati's premiere
In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm