February 17, 2026 09:29 am (IST)

Make this your homepage

All Finance

Actor Rajpal Yadav granted interim bail in ₹9-crore cheque bounce case | Learn AI or become redundant: Microsoft India President issues stark message | India’s wholesale inflation rises to 1.81% in January as manufacturing prices surge | 'India at forefront of AI revolution': PM Modi welcomes world leaders to Delhi summit | Rs 5,000 to women ahead of Tamil Nadu polls! Vijay slams Stalin, says: ‘take the money, blow the whistle’ | Modi congratulates Tarique Rahman as BNP clinches majority in Bangladesh polls | Bangladesh Polls: Tarique Rahman-led BNP secures 'absolute majority' with 151 seats in historic comeback | BJP MP files notice to cancel Rahul Gandhi's Lok Sabha membership, seeks life-long ban | Arrested in the morning, out by evening: Tycoon’s son walks free in Lamborghini crash case | ‘Why should you denigrate a section of society?’: Supreme Court pulls up ‘Ghooskhor Pandat’ makers

Petrol price slashed, diesel price hiked

India Blooms News Service | | Aug 01, 2014, at 01:27 am

#Petrol price slashed # Diesel price hiked

New Delhi, July 31 (IBNS): State-run oil company Indian Oil Corporation (IOC) on Thursday said petrol prices would be slashed by Rs 1.09 per litre while diesel prices would go up by 50 paise per litre.

The new prices will come to effect from Thursday midnight.

"During the past fortnight, Petrol prices have showed a downward trend while the INR-USD rate has slightly depreciated. The combined impact of these two factors warrants a decrease in RSP of MS by Rs. 1.09/litre at Delhi, (inclusive VAT) with corresponding decrease in other states," the IOC said in a statement.

For the same reason, the selling price of bulk diesel has been cut by 72 paise per litre.

Besides, rates of non-subsidised LPG cylinders has been reduced by Rs. 2.50 per 14.2-kg cylinder.

The rate of LPG commercial cylinder has also been reduced by Rs. 4 for a 19-kg cylinder.

In case of diesel, the IOC announced a increase of 50 paise, excluding local levies. After including local levies, the hike came to 56 paise per litre in Delhi.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.

India
International

Related Images

Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm

Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am

In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm