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New Delhi: Consumers have been spared of another increase in auto fuel prices with oil marketing companies (OMCs) deciding to keep petrol and diesel rates unchanged on Thursday. This is second consecutive day of fuel price pause and follows slight softening in global oil market over demand concerns prime markets in Asia seeing rising cases of […]
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The monthly rate of inflation, based on month over month movement of WPI index, in April 2021 stood at 1.86 per cent as compared to March 2021.
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Mobile dispensing unit catering to needs of real estate, health, hospitality clients
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Sales of petrol -- used in cars and motorcycles -- fell to 2.38 million tonnes in April, the lowest since August.
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Petrol price was hiked by 27 paise a litre and diesel by 30 paise per litre
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The price of the two auto fuels had fallen by 16 paisa and 14 paisa per litre respectively on April 15 after a 15 day break when OMCs kept its prices static.
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The price of the two auto fuels had fallen by 16 paise and 14 paise per litre respectively on April 15 after a 15 day break when OMCs kept its prices static.
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Diesel prices in Delhi, Mumbai, Chennai and Kolkata were at Rs 81.10, Rs 88.20, Rs 86.10 and Rs 83.98 per litre, respectively.
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The OMCs went on a price cut for the first time this year on Wednesday after keeping oil prices steady for the past 24 days.
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Rates have been reduced across the country and vary from state to state depending on the local incidence of taxation (VAT).
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This meant that the central government continued to levy excise duty, while state governments charged VAT.
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So, oil marketing companies will hold petrol and diesel prices as far as possible over the next few weeks till the time polling ends in all the states
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Minister said the TRS has fulfilled almost all its promises made in the elections manifesto, unlike other political parties which failed to implement their manifestos after coming to power
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The company, which offers CNG options in eight models out of total 14 available in the Indian market, is also actively working to expand the portfolio
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According to state Finance Minister Amit Mitra, the move will provide marginal relief to people and farmers who are facing the fuel price hike.
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She urged the government to take cognizance of it and find a solution.
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Congress activists blocked national highways in various parts of the state, including in the capital Bhubaneswar, leading to huge traffic jams.
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Accordingly, oil marketing companies raised the pump price of diesel by a high level of 29 paise per litre and petrol by another 26 paise per litre in Delhi.
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In the national capital, petrol climbed to Rs 88.73 a litre and diesel soared to Rs 79.06, the notification showed.
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Rates vary from state to state depending on the local incidence of taxation (VAT) and freight.