The National Green Tribunal (NGT) has issued directions relating to restrictions on registration and plying of diesel vehicles more than 10 years old and petrol vehicles more than 15 years old in the Delhi- NCR (National Capital Region).
Both central government and states reduced tax on fuel on the eve of Diwali, while BJP-ruled states announced a further tax cut today.
The central government announced on Wednesday evening that it would be reducing central excise duty on petrol and diesel by Rs 5 and Rs 10 respectively.
Monday and Tuesday did not see any change in prices of petrol and diesel. Prior to this, the prices of both the fuel rose by 35 paise each for four consecutive days.
At the time of publishing, petrol in Delhi was being sold at Rs 105.49 per litre and diesel at Rs 94.22 per litre. In Mumbai, petrol rose to Rs 111.43 per litre and diesel to 102.15 per litre.
Ford’s India exit has brought back the focus on similar exits made by several global auto giants in the past. But, poor product strategy isn’t the only reason behind their pull-out.
This marks the seventh consecutive day of price hike. Petrol prices in the country had breached the Rs 100 mark for every litre, diesel too was nearing-in in several states, Kerala and Karnataka being the latest additions.
Diesel in Mumbai now costs Rs 100.29/ litre, the same fuel in Delhi costs Rs 92.46/litre. Petrol prices in Delhi rose to a record high of Rs 103.84/litre and Rs 109.83/litre in Mumbai.
Petrol prices hiked by 25 paise for every litre whereas diesel went up 30 paise for every litre, as per a price notification of state-owned fuel retailers on Tuesday.
This was the fourth increase in petrol prices this week. As for diesel, this was the seventh increase in nine days.
Petrol price was increased by 35 paise per litre, while diesel rates were increased by 17 paise a litre, according to a price notification from state-owned fuel retailers.
In Delhi, the petrol price soared to Rs 99.86 per litre. Diesel rates were unchanged at Rs 89.36.
Petrol price was cut to Rs 90.99 a litre in Delhi from Rs 91.17 per litre, according to a price notification of state-owned fuel retailers.
The company, which currently offers CNG options in eight models out of total 14 available in the Indian market, is actively working to expand the portfolio.
Petrol and diesel prices were deregulated in 2010 and 2014 respectively but it is a case of deregulation over papers only.
In five days this week, price has gone up by Rs 1.51 per litre for petrol while diesel rate has risen by Rs 1.56 a litre.
Petrol price crossed Rs 88-mark in Delhi while diesel breached Rs 85 in Mumbai
The price of branded or premium petrol price had crossed Rs 100-mark in Sriganganagar town of Rajasthan on January 27.
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
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