Fuel prices hike, 8th hike in 9 days

Fuel prices continue to rise with petrol and diesel rates rising by another 80 paise per litre each on Wednesday, netting an increase of about Rs 5.60 a litre

New Delhi: Fuel prices continue to rise with petrol and diesel rates rising by another 80 paise per litre each on Wednesday, netting an increase of about Rs 5.60 a litre in eight revisions in nine days so far.

In the national capital, petrol now costs Rs 101.01 per litre, while diesel is selling at Rs 92.27 per litre. In Mumbai, the petrol and diesel prices have gone up by 84 paise and 85 paise per litre respectively, thus costing Rs 115.88 and Rs 100.10 per litre.

There had been a pause in the revision of fuel prices since November 4 last year, which was broken on March 22, following the crude oil going upwards in the wake of the Russian military operations in Ukraine.

Prices are set to be raised further given the sharp jump in crude oil prices in the international markets. It will have a cascading impact on the prices of other items and lead to inflationary pressure and hurt growth. It will have a cascading effect on the prices of other items.

Meanwhile, Congress has decided to launch a nationwide programme โ€˜Mehngai Mukt Bharat Abhiyanโ€™ against price rises under which it will organise rallies and marches across the country from March 31 to April 7.

Notably, on November 3 last year the Centre had cut excise duty by Rs 5 per litre on petrol and Rs 10 per litre on diesel to bring down the retail prices across the country.

Following this, several state governments had reduced Value-Added Tax (VAT) on petrol and diesel to provide relief to people

 

JKSSB Patwari Exam Mock tests

JKSSB Graduate Level Post Mock Tests

๐Ÿ“š ๐™Ž๐™Ž๐˜พ ๐™ˆ๐™๐™Ž ๐˜พ๐™ค๐™ช๐™ง๐™จ๐™š Mock Test

๐Ÿšจ ๐™Ž๐™Ž๐˜พ ๐™ˆ๐™๐™Ž Mock Test

๐Ÿ‘ฎโ€โ™€๏ธ ๐™Ž๐™Ž๐˜พ ๐˜พ๐™‚๐™‡ ๐™ฉ๐™ž๐™š๐™ง-1 Mock Test

๐Ÿ‘‰ ๐™Ž๐™Ž๐˜พ ๐˜พ๐™ƒ๐™Ž๐™‡ Mock Test

๐Ÿš‚ ๐™๐™๐˜ฝ ๐™‰๐™๐™‹๐˜พ ๐˜พ๐˜ฝ๐™-2 Mock Test

๐Ÿš† ๐™๐™๐˜ฝ ๐™‚๐™ง๐™ค๐™ช๐™ฅ ๐˜ฟ Mock Test

JK Bank PO Mock test

JK Bank Assistant Mock Tests

Feb 2021 – Aug 2021 – 07 Months Current Affairs PDF

Join Telegram | Install Mobile App

 

India NewsJK News
This site uses cookies to deliver our services and to show you relevant Jobs Updates, Notifications, News and Ads. By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Service

Copyright © 2010 to Present | JKUpdates | Designed by Bharat Softwares