Petrol prices

The September 3 was the first reduction in diesel price since mid-March when Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) froze rates for 82 days to adjust a record hike in excise duty on auto fuels against falling benchmark cost. … [Read more...] about Diesel price dips below Rs 73 per litre, petrol rate cut for the second time in 6 months

Meanwhile, global oil prices fell on September 10 after data showed that United States crude stockpiles had unexpectedly risen last week. This stoked concern about a sluggish recovery in fuel demand as the novel coronavirus pandemic continues to batter many countries, Reuters reported. … [Read more...] about Petrol, diesel prices in Delhi and Mumbai decline marginally

Kolkata Metro resumes services after over 5 months GST compensation: 12 states agree to borrow from special window facilitated by RBI Indian Oil sees gasoil, petrol sales at pre-pandemic levels in first half of FY21 … [Read more...] about Petrol, diesel prices remain unchanged across metro cities

Meanwhile, the price of petrol today remained unchanged, selling at Rs 82.08 a litre in the national capital and Rs 88.73 a litre in Mumbai.Metro city (on Sept 3)Petrol (Rs/litre)Diesel (Rs/litre)Delhi82.0873.40Kolkata83.5776.90Mumbai88.7379.94Chennai85.0478.71From around the second week of June, OMCs had hiked fuel prices several times, so much so that petrol and diesel prices hit record highs in July. This came after the 82-day freeze by in fuel prices by OMCs during the coronavirus-led nationwide lockdown. … [Read more...] about Diesel cheaper by 16 paise, first cut in about 6 months

The Skoda Rapid manual is available in six trim levels, however, bookings for the entry-level Rider variant has been halted due to high demand. Prices for the manual variant start at Rs 7.49 lakh so expect at least a Rs 1-1.5 lakh premium for the automatic Rapid. … [Read more...] about Skoda Rapid Automatic prices to be announced on September 17