ADD ANI AS A TRUSTED SOURCE
googleads
Menu
General News

Government cuts Petrol, Diesel prices

New Delhi [India], Oct 4 (ANI): Bringing some respite to people, who were reeling from continuous fuel price hike, Union Finance Minister Arun Jaitley on Thursday announced a cut of Rs 2.50 per litre on both petrol and diesel, and directed the state governments to implement the same.

ANI Oct 04, 2018 15:48 IST googleads

Union Finance Minister Arun Jaitley

New Delhi [India], Oct 4 (ANI): Bringing some respite to people, who were reeling from continuous fuel price hike, Union Finance Minister Arun Jaitley on Thursday announced a cut of Rs 2.50 per litre on both petrol and diesel, and directed the state governments to implement the same.
Briefing the media, Jaitley said, "Excise duty to be reduced by Rs 1.50 and Oil Marketing Companies will absorb one rupee. So, a total of Rs.2.50 will be reduced on both diesel and petrol."
"We are writing to the state governments that as the central government is cutting Rs 2.50 on both petrol and diesel, they do the same," Jaitley added.
The fuel prices had been going up every day for last few weeks, burning a hole in people's pockets. In Mumbai, petrol rates had breached Rs 90 per litre.
Apart from surging fuel price, the Indian rupee, on Thursday, opened at a fresh record low of 73.76 per US dollar, heavily impacting the market.
The markets opened in red on with the Sensex witnessing a sharp fall of 614.47 points to open at 35,361.16. (ANI)

Get the App

What to Read Next

Politics

"No shortage of petrol, diesel or LPG": Hardeep Singh Puri

In his statement in the Lok Sabha, Puri said the government has taken multiple measures to safeguard the country's energy security and ensure the uninterrupted availability of petroleum products, cooking gas, and natural gas.

Read More
General News

Congress leader Ashok Gehlot slams BJP over LPG shortage

Congress leader Ashok Gehlot slams BJP over LPG shortage

"The deepening crisis in the supply of cooking gas (LPG) in the country due to the war in the Gulf countries is extremely alarming. It is unfortunate that the Modi government remains as negligent and insensitive as ever regarding this potential national crisis. The central government's inability to assess the situation in time is a clear case of 'collective failure'," Gelhot wrote in a post on X.

Read More
General News

No Fuel Shortage in Delhi: CMO

No Fuel Shortage in Delhi: CMO

The Delhi government has clarified that the supply of LPG, petrol, diesel and PNG in the national capital remains completely normal and there is no shortage of any fuel. The government has appealed to residents not to pay attention to rumours being circulated about gas supply and to avoid unnecessary panic or hoarding, Chief Minister office said on Wednesday.

Read More
General News

"Petrol, diesel, domestic LPG supply in Delhi normal": CMO

According to the Chief Minister's Office, the meeting was called to review the rumours regarding the disruption in the Liquid Petroleum Gas (LPG) supply and asserted that adequate stock is available in the national capital.

Read More
Politics

JMM MP Mahua Maji urges Centre to "clarify foreign policy"

JMM MP Mahua Maji urges Centre to

The MP said, "Long queues can be seen for LPG and petrol in Ranchi, and the public is troubled, thinking what will happen in future", noting that despite government assurances of adequate stocks, "there is no guarantee when the conflict will stop. The government should clarify its foreign policy."

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.