Petrol and Diesel prices in Jammu and Kashmir have been slashed by Rs 5 per litre, the state government said Thursday. “The state government this evening announced matching cut of Rs 2.50 per litre in fuel prices commensurate with the price cut of Rs 2.50, announced by the central government earlier today,” an official spokesman said. The new fuel prices would be effective in the state from this midnight, he said.
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Petrol price was hiked by 83 paisa a litre and diesel by Rs 1.26 per litre on Monday, the second increase in rates this month. Petrol in Delhi will cost Rs 63.02 per litre from midnight, while a litre of diesel will cost Rs 51.67, said Indian Oil Corporation (IOC), the nation’s largest fuel retailer. Rates were last hiked by Rs 1.06 a litre on petrol and Rs 2.94 a litre on diesel on May 1. “The current level of international product prices of petrol and diesel and the rupee-US…
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Petrol price was today cut by 32 paise and diesel by 85 paise a litre, the fourth reduction in rates in six weeks on the back of softening global oil prices. Petrol in Delhi will cost Rs 59.03 per litre with effect from midnight tonight as against Rs 59.35 per litre currently. A litre of diesel will cost Rs 44.18 as opposed to Rs 45.03 presently, said Indian Oil Corp (IOC), the nation’s biggest fuel retailer. This the fourth reduction in rates since December 1. Rates were on that day…
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