The price of petrolincreased to a new all-time high of Rs 86.72 per litre in Mumbai on Tuesday, increasing 16 paise from the day before. The prices of fuel differs across states depending on the tax levies and cess. In Kolkata, petrol was retailed at Rs 82.22 per litre and diesel at Rs 74.19 per litre.
According to a price notification of state-owned fuel retailers, petrol price was Tuesday hiked by 16 paise per litre and diesel by 19 paise.
After the hike on Tuesday, the total increase in petrol prices is around Rs 2.50 per litre, while for diesel it has crossed Rs 3 per litre in the last one month.
Fuel rates have been on fire since the middle of August, rising nearly every day due to a combination of a drop in the value of the rupee and rise in crude oil rates.
Diesel rates had hit Rs 69.31 a litre on May 28, but this record was breached on August 27 and on Monday they hit a fresh high.
The department of energy said it stepped in after South Africans had witnessed "sustained increases in fuel prices for the past few months, which placed a strain on the consumers". Addressing a press conference, the Andhra Pradesh chief minister said that in addition to petrol prices, the rupee value would also touch Rs 100 against one USA dollar.
Taking a dig at the Narendra Modi-led government, Andhra Pradesh Chief Minister Chandrababu Naidu today said that the petrol would be soon sold at Rs 100 per litre. "I would like to mention two points, and both these subjects are external".
"Rupee is falling because of the trade war and rising oil prices". "Apart from that, crises in countries like Venezuela and Iran are increasing. Secondly, global currencies have weakened against the USA dollar", he had said.
"The government can not disturb fiscal maths by cutting excise duty", he said. This came at a time when India's crude oil imports from Iran had increased by 52 percent in June 2018.
Also driven by higher oil prices and robust non-oil import demand, Moody's expects the current account deficit to widen to 2.5 per cent of GDP in the fiscal year ending March 2019, from 1.5 per cent in fiscal 2018.
Reports suggest Apple wants to diversify the iPhone lineup by offering more sizes, colors, and price points. What never remains a mystery, however, are the new products Apple unveils each year at its "fall event".
With Gruden open to dealing Mack, there was no way Davis was going to veto him after giving him $100 million to coach the team. This offseason, Oakland exercised their right to pick up Mack's fifth year option at an annual salary of $13.846 million.
Police say the westbound lane is closed as they investigate what caused the accident that caused multiple injuries and casualties. Nearby was an overturned vehicle and the truck trailer on its side, with what appeared to be produce boxes spilled on the median.
John McCain as "a man of deep conviction", and adds, "He was a public servant in the finest traditions of our country. On Thursday, McCain's body was flown to Washington, where he will lie in state at the US Capitol on Friday.
AMAZING NEWS! Deputies say a mysterious woman seen ringing a doorbell in the Sunrise Ranch neighborhood last week is... The same barefoot woman rang the doorbells of other homes in the area , but also vanished by the time anyone answered.
The announcement, and Pompeo´s visit, come weeks after Khan took office amid concerns he would remain tolerant of militant groups. It also believes that a Pakistani crackdown could be pivotal in deciding the outcome of the long-running war in Afghanistan.
Goldson experienced his first taste of the Parkhead crowd after moving to Rangers in the summer in the Old-Firm derby yesterday. Psychologically now it remains to be seen just what effect the result has on both teams. "It has been a long few months".
Seluk stated Toure had " passed a medical in London " before stating it was not West Ham because "Yaya is a champion". Former Manchester City midfielder Yaya Toure is set to move to Olympiakos , according to a report from ESPN FC .
The report said Ottawa tried to offer more dairy market access to the US during NAFTA talks in May, but the USA declined. The NAFTA renegotiations had dragged on for a year before the tentative agreement with Mexico was announced Monday.
Woodlawn also is the final resting place for Parks and numerous Motor City's musical elite, including members of the Four Tops. For Thursday's viewing at New Bethel Baptist Church, Franklin laid in repose in a lacy, rose gold gown by St.
Real, Barca turn focus to staying perfect in Spanish League
Their bad month of August didn't get any better when they ended up in a group with Barcelona, Tottenham , and PSV Eindhoven. But Ronaldo's reunion can't be dismissed as the 33-year-old tries to win the Champions League for a fourth year in a row.
Stars, dignitaries mourn Aretha Franklin at Detroit funeral
Franklin, and civil rights pioneer Rosa Parks to their final resting places at Woodlawn Cemetery, where the singer will join them. An arrangement from singer Sam Moore included a card that read , "You know I always adored and loved you to bits and pieces".
Over 99 per cent of demonetised notes back with RBI
Over 2.09 lakh non-income tax filers filed their returns and there was an 18 per cent increase in tax revenue, he told reporters. Another narrative that made the rounds after demonetisation was that the Indian economy had too many high-denomination notes.