New Delhi: In a welcome relief, the petrol price was slashed by Rs 3 on Tuesday evening, effective from midnight. The petrol price was slashed as crude oil became cheaper in international market.
Earlier reports had suggested that the petrol prices may be slashed by up to Rs 2 effective from May 1.
Following are the revised prices of petrol in four metros, effective from midnight. Delhi Rs 63.09, Kolkata Rs 70.35, Mumbai Rs 69.73, Chennai Rs 65.90 (All rates in Rs/litre).
This is the fourth cut in less than two months. Petrol prices were last cut by Rs 1 per litre on April 15, the third reduction in a month. Earlier in April, the price was reduced by 85 paise per litre....
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07:49 PM, Apr 30, 2013
Bangalore: Soaring food costs likely pushed Indian inflation to its highest level this year in June, a Reuters poll showed, suggesting the Reserve Bank of India (RBI) will remain hawkish on monetary policy. The survey of 30 economists showed wholesale prices rising by an annual 7.62 per cent in June, slightly up from 7.55 in May. Forecasts were from 7.20 per cent to 8.20 per cent, narrower than the range...
10:32 AM, Jul 16, 2012
Mumbai/Bangalore: The BSE Sensex should gain 10 per cent between now and the end of the year, though only reaching levels seen in July 2011, provided economic growth recovers from a recent lull, a Reuters poll showed on Thursday. The 30-share BSE index will rise to 18,750 points by the end of 2012, according to the median forecast from a survey of 22 investment houses conducted over the past week,...
02:25 PM, Jul 01, 2012
Oil Minister Jaipal Reddy said that the government was watching the rupee's movement closely. The Indian currency fell to an all-time low of 57.12 against the US dollar on Friday. ...
07:59 PM, Jun 22, 2012
Mumbai: The rupee rose on Monday to its highest against the dollar in a week, despite a steep sell-off in global risk assets, on the back of dollar sales by corporates and exporters, as well as unwinding of long-dollar positions by banks. The recovery comes after the rupee had hit a string of record lows against the dollar in the second half of May, with the latest on Thursday when...
03:05 PM, Jun 04, 2012
London: Oil hit a six-month high near $120 a barrel on Wednesday as concern about supply from Iran, other Middle East producers and Africa outweighed those about the health of the global economy. Prices jumped after Iran's Press TV reported Iran had banned exports to six EU countries in retaliation for European Union sanctions against the Islamic state, only to pare gains after Iran's Oil Ministry denied the report. Brent...
09:38 PM, Feb 15, 2012
New Delhi: Indian equity benchmarks witnessed the biggest rally on the second day after the budget especially on stabilized crude oil prices, short covering by FIIs, lower-than-expected fiscal deficit and the borrowing program set by the government for FY12. The 50-share NSE Nifty gained 189.05 points or 3.54%, to settle at 5522.30. The 30-share BSE Sensex shot up 623.10 points or 3.5%, to close at 18,446.50, after gaining 655 points...
08:40 AM, Mar 02, 2011
India Inc says the move will help oil cos reduce their huge subsidy burden. ...
02:56 AM, Jul 02, 2009
Common people and Opposition parties alike criticised the hike. ...
02:52 AM, Jul 02, 2009
Crude prices have risen to above 70 dollar per barrel mark from below 40. ...
07:20 PM, Jun 12, 2009
Asian stock markets too dropped to a five-year low on Friday. ...
08:30 AM, Nov 21, 2008
The inflation rate stood at 11.44 percent for the week before. ...
05:50 PM, Oct 23, 2008
Chidambaram says oil marketing companies are still making under recoveries. ...
11:07 PM, Oct 21, 2008
Iran oil minister says this will help in preventing crude prices from falling. ...
09:43 PM, Oct 19, 2008
Crude has had a tumultuous journey ever since hurricane Gustav moved in. ...
08:55 PM, Sep 05, 2008
Harare: In a surprise decision, former Zimbabwe cricket captain Tatenda Taibu Monday brought down curtains on his 11-year international career, saying he wants to focus on working for the Church. The 29-year-old, who played 28 Tests and 150 ODIs for Zimbabwe, was named in his country's provisional squad for September's Twenty20 World Cup earlier in the day. The wicketkeeper batsman, who became the youngest Test captain in history in 2004,...
10:55 AM, Jun 07, 2008
Nottingham:West Indies' legendary captain Sir Vivian Richards has blasted the Caribbean side's disastrous batting in the second Test at Trent Bridge against England and has criticised the recalled wicketkeeper-batsman Denesh Ramdin, saying the player has deteriorated in such a big way. West Indies capitulated meekly in their second innings, tottering at 61 for 6 in their second innings at the end of the third day's play Sunday. It was immature...
02:42 AM, May 28, 2008
Lahore: Pakistan Cricket Board (PCB) has once again given an opportunity to leg-spinner Danish Kaneria to get clearance from the integrity committee of the board and make himself available to play for the national team. A senior official of the PCB told PTI that the Board had sent a letter to Kaneria asking him to get a clearance letter from his old county, Essex. Last year, the Essex police had...
11:05 AM, Jan 24, 2008
The UPA Government has ruled out any hike in the retail prices of fuel in the immediate future. ...
11:57 PM, Nov 13, 2007
Crude price levels in international market should drop a few points more for petrol prices to drop in India. ...
03:42 PM, Jan 12, 2007
