September 09, 2026 06:10 am (IST)

Make this your homepage

All Finance

Eiffel Tower staff strike after female workers 'sidelined' during Hindu group visit | ‘When will character assassination of women stop?’ Kangana Ranaut amid Udhayanidhi-Trisha row | 11 arms instead of 10! Suvendu Adhikari apologises over Durga image in Bengal govt ad amid Bageshwar Baba row | ‘Meat is core to Shakta Hinduism’: PM Modi adviser hits back at Bageshwar Baba over non-veg ban appeal | ‘No one can dictate what Bengalis eat’: BJP’s blunt message amid Bageshwar Baba’s Durga Puja food row | Delhi hostel collapse: Owner detained after seven die in Satya Niketan tragedy | No Muslims, Aadhaar card and tilak mandatory: VHP lays down rules for Garba, Dandiya in Maharashtra | 'No non-veg near Durga Puja pandals': Bageshwar Baba's big Bengal appeal sparks controversy | 'Law will take its action': Vijay's zero tolerance on insulting women weeks after Udhayanidhi's arrest | Delhi Metro's big warning to content creators: Don't try this viral stunt or face action

Petrol price cut by 70 paise a litre

India Blooms News Service | | Apr 16, 2014, at 01:54 am

New Delhi, Apr 15 (IBNS): In a relief to consumers, petrol prices have been slashed by Re. 0.70 paise per litre, which is the second reduction in six months.

The prices of diesel were left unchanged.

The reduction will be effective from Tuesday midnight.

Petrol prices were reduced by Re 0.75 per litre earlier on Mar 31.

"Indian Oil Corporation Ltd. has decided to decrease the retail selling prices of Petrol by Rs 0.70/litre (excluding state levies) w.e.f midnight of 15th / 16th April '14," state-run Indian Oil Corporation Ltd. (IOC) said in a statement on Tuesday.

"On 1st April’14, prices of Petrol were reduced by Rs. 0.75/litre excluding state levies resulting in Retail Selling Price at Delhi going down by Rs 0.90/litre. This reduction was effected on the back of a declining trend in international prices of MS accompanied by a strengthening of the INR-USD exchange rate."

"Since last price change, while International MS prices have remained almost static, the strengthening of INR-USD exchange rate has continued. The continued appreciation of the Rupee has resulted in reduction in petrol prices warranting the proposed decrease in selling price by Rs 0.70/litre (excluding state levies) w.e.f midnight of 15th / 16th April '14. With this price revision, RSP at Delhi shall decrease by Rs 0.85/litre," it said.

#Petrol price cut by 70 paise a litre # Petrol price cut by 70 paise a litre

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

In Images: Amit Shah performs 'Bhoomi Pujan' of Amul's curd manufacturing plant in Kolkata Jul 19, 2026, at 10:57 pm

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