Petrol price cut by 91 paise, diesel by 84 paise per litre

December 1, 2014

Petrol priceNew Delhi, Dec 1: Petrol and diesel prices were cut on Sunday as international oil rates continued to slump. This is the seventh reduction in petrol prices since August, while it is the third for diesel.

Petrol price was cut by 91 paise a litre, and diesel by 84 paise per litre, a PTI report stated.

The price reduction will be effective midnight, Indian Oil Corp, the nation's largest fuel retailer, announced in New Delhi.

In Delhi, petrol price will cost Rs.63.33 a litre as compared to Rs.64.24 per litre previously while in Mumbai the reduction will be 96 paise to Rs.70.95 per litre.

Diesel will cost Rs.52.51 a litre in Delhi from Sunday as against Rs.53.35 currently while in Mumbai the price will be cut by 93 paise to Rs.60.11 per litre.

Rates differ from state to state due to differential local sales tax or VAT rates.

The prices of petrol and diesel were last revised downwards on November 1 by Rs.2.41 a litre and Rs.2.25 per litre, respectively (including state levies at Delhi) on the back of declining international oil prices.

"Since the last price changes, the international prices of both petrol and diesel have continued to be on a downtrend.

The Rupee-USD exchange rate has however appreciated since the last price change. The combined impact of both these factors warrant a decrease in retail selling prices of both petrol and diesel," IOC said in the statement.

This is the seventh consecutive reduction in petrol prices since August and third in diesel in rates since October.

Prior to today's reduction, petrol price has been cumulatively cut by Rs.9.36 per litre since August.

Diesel price was cut for the first time in more than five years on October 19 by Rs.3.37 a litre when the government decided to deregulate the fuel. This was followed by another reduction on November 1.

"The movement of prices in international oil market and INR-USD exchange rate shall continue to be closely monitored and developing trends of the market will be reflected in future price changes," the statement said.

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News Network
June 13,2020

Visakhapatnam, Jun 13: A four-month-old baby who was on ventilator treatment for 18 days for COVID-19 was on Friday evening discharged from hospital after testing negative.

"A tribal woman of East Godavari named Laxmi was infected with COVID-19 in May, later the doctors confirmed that her four-month-old baby was also infected," said District Collector, Vinay Chand.

"The baby was shifted to Visakhapatnam VIMS hospital on May 25. She was treated for 18 days on a ventilator. Doctors again conducted baby's COVID-19 test recently, following which the reports came negative. After a health check-up, VIMS doctors discharged the baby on Friday evening," he added.

Meanwhile, 14 new COVID-19 positive cases have been reported in Visakhapatnam district on Friday, taking the total number of cases to 252 including one fatality due to the virus.

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News Network
April 16,2020

Kochi, Apr 16: As many as 268 British citizens stranded in Kerala due to the nationwide lockdown were airlifted by British Airways on Wednesday from Thiruvananthapuram and Cochin International Airports.

The flight took off from Thiruvananthapuram to London's Heathrow Airport with 110 passengers at 7.30 pm. Later, 158 more passengers boarded the flight from Cochin airport at 10.07 pm.
A medical team, including four doctors, screened the passengers at the Thiruvananthapuram airport before they boarded the flight.

Earlier this month, the first charter flight from India reached London's Stansted with 317 British nationals on board from Goa.

The British government had earlier announced the operation of 19 chartered flights to evacuate its nationals who are stranded in India amid travel restrictions owing to the coronavirus crisis.

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News Network
January 18,2020

New Delhi, Jan 18: The Supreme Court Friday refused to entertain a PIL seeking conferment of 'Bharat Ratna' on Mahatma Gandhi saying that people hold the father of the nation in “high esteem”, beyond any formal recognition.

A bench, comprising Chief Justice S A Bobde and justices B R Gavai and Surya Kant, however asked petitioner Anil Dutta Sharma to give representation to the central government in this regard.

“Mahatma Gandhi is the father of nation and people hold him in high esteem, beyond any formal recognition,” the bench said.

The issue of directing the government to award Bharat Ratna to the father of the nation was not a “justiciable issue”, it said.

The bench however said that it agreed with the sentiments of the petitioner for granting official decoration to Mahatma Gandhi.

Disposing of the petition, the top court said, “We will allow you to give a representation to the Centre in this regard.”

Sharma, in his PIL, had sought a direction to the government to give “official decoration” to Mahatma Gandhi to honour him for the contribution to the nation.

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