|
Petrol
prices cut by Rs.1.85
Tuesday November 15, 2011 06:52:01 PM,
IANS
|
|
New Delhi:
India's fuel retailers Tuesday cut petrol prices by Rs.1.85 per
litre, excluding state taxes and levies, which should make its
price cheaper by Rs.2.25 per litre in the national capital,
bringing some relief to vehicle owners.
The move comes against the backdrop of some allies of the United
Progressive Alliance (UPA) government and opposition parties alike
criticising the move earlier this month by oil retailers to hike
petrol prices by Rs.1.80 per litre.
The last time prices were slashed was in January 2009.
"IndianOil reviews the motor spirit prices on fortnightly basis
and based on the review, fixes the prices for the next fortnight.
In keeping with this practice, IndianOil has reviewed the pricing
cycle as prevalent in the last fortnight," the company said.
"The review reveals that at the current prices, there will be an
over-recovery of Rs.1.85 per litre. It has, therefore, been
decided to revise the MS (motor spirit) prices downward by Rs.1.85
(excluding state taxes and levies) with effect from Nov 16," the
company added.
|
|
|
|
Home |
Top of the Page |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Top Stories |
|
Occupy activists arrested in several US cities
Occupy activists confronted the police
in several US cities over the weekend as the authorities made
scores of arrests in attempts to clear public spaces, a few of
them occupied for
»
In Occupied America!
Get a
clearer political agenda: Bill Clinton
to Wall Street protesters
Occupying Wall Street will topple capitalism: Iranian leader
|
|
|
|
Most Read |
|
Protection of Minority rights political
necessity, not virtue: Justice Siddiqui
Inaugurating the national seminar, Justice M. S. A. Siddiqui,
Chairman, National Commission for Minority Educational
Institutions (NCMEI), Government of India said
»
|
|
Omar meets PM, Chidambaram on AFSPA; talks inconclusive
Steadfast
over the demand for withdrawal of the Armed Forces Special Powers
Act (AFSPA) from his state, Jammu and Kashmir Chief Minister Omar
Abdullah sounded positive after his meeting with
»
Can Kashmir afford Omar-army confrontation?
|
|
|
|
News Pick |
|
10,000 PhDs to be absorbed every year: Ashwani Kumar
The Indian
government and industry will absorb at least 10,000 PhDs every
year and prevent brain drain in an effort to boost research and
development (R&D) investments in the country, Minister of State
for Planning Ashwani
»
|
|
Iranians to form human chain around nuclear site
Thousands
of Iranians will form a human chain around a nuclear site to
protect what they say is their country's "peaceful nuclear
programme", stat
»
Britain doesn't rule out military action on Iran
|
|
Six Hindu Vahini activists arrested in Hyderabad
With the
arrest of six activists of the Hindu Vahini, Hyderabad police
claim to have solved the mystery behind last week's attacks on
eight people belonging to the minority community. Police said the
accused attacked
»
|
|
|
|
Picture of the Day |
|
 |
|
More than 2.5mn people from all
across the world have gathered in Makkah for Haj which starts
November 05, 2011 this year. Haj, the fifth pillar of Islam is
a religious journey to the House of Allah in Makkah. This is
in response to the call of Prophet Abraham when Allah
commanded him to call mankind to perform Haj. Haj is the
largest gathering of Muslims as about three million Muslims
from all over the world meet to worship their Lord. All
barriers including language, color, class and race are broken.
(Photo:
Arab News/Ahmad Hashad) |
|
|
|
|
Comments
|
Quick links