Caretaker govt slashes petrol price by Rs40, high-speed diesel by Rs15
Finance ministry says decision comes following rupee's continuous winning streak against dollar
Finance ministry says decision comes following rupee's continuous winning streak against dollar
Potential cut in petroleum prices follows a downward trajectory in international market
Decision comes amidst fluctuations in global oil prices; new prices will be applied till April 15
Surge comes on the heels of a relentless uptick in global oil rates
Price of diesel witnesses significant hike, rising by Rs 8.14 to reach Rs 290.38 per liter
International per barrel prices stand at $104.76 for diesel and $107.16 for petrol
New prices of petroleum will be effective for next fortnight
Globally, oil witnesses downward trend plummeting by $6.32 per barrel
Govt expected to announce revised tariff for petroleum products on May 31
This will be first price revision since budget for fiscal year 2024-25
New petroleum prices will be applicable from Sept 16
Exact figures for upcoming price adjustment have yet to be finalised
New petroleum prices will be effective for next fortnight