Tuesday, 21 August, 2018

Kerala to reduce on petrol and diesel by Re 1

Petrol price rose by nearly Rs 4 in the last 16 days Petrol price rose by nearly Rs 4 in the last 16 days
| 30 May, 2018, 19:44

Over the last two weeks, the price of petrol was increased by Rs 3.8 per litre and diesel by Rs 3.38. "The selling prices of petrol and diesel w.e.f 30th May 2018 have been rectified on our website".

Diesel rates were cut by 56 paise in Delhi to ₹68.75 per litre.

Amidst soaring fuel prices, Kerala government has made a decision to effect a reduction of Re 1 in petrol and diesel prices. "Since we moved to the mechanism of daily price change, prices have gone up and down by 1 paisa, 12 paise, 27 paise etc".

Petrol and diesel prices in India are linked to Singapore gasoline prices GL95-SIN and Arab Gulf diesel prices GO-AG, which mostly track movements in crude oil prices LCOc1. Businesses affected by fuel price revisions including large fleet operators, petrol pump owners, refineries and oil marketing companies could make use of these to reduce their losses.

Previously the farmers had to pay Rs 20 for bringing in a sack of potato, and due to an increase in fuel prices the charges have now increased to Rs 25. "All this will reflect in reduction in retail rates in coming days", he said.


This is the first time in 16 days that the OMCs have reduced petrol and diesel prices.

State sales tax or VAT vary from state to state.

Delhi has the cheapest price among all metros and most state capitals.

In all, petrol price was increased by Rs 3.8 per litre and diesel by Rs 3.38 in that fortnight.

This comes the day the Centre cut fuel prices after 16 consecutive hikes, but by only one paisa.

Recommended

  • Mega Man 11 Gets New Trailer, Release Date

    Mega Man 11 Gets New Trailer, Release Date

    While this new game retains the core aspects of the series, it does add few changes - by playing around with Mega Man's abilities. The plans include what is called the Double Gear system which is created to push " robots beyond their normal capabilities ".
    Ron Howard Responds to Disappointing 'Solo' Box Office Reports

    Ron Howard Responds to Disappointing 'Solo' Box Office Reports

    With so many Star Wars films and stand-alone projects in the works, it's possible fan interest is dying out. Estimated ticket sales for Friday through Sunday at USA and Canadian theaters, according to comScore.
    Subtropical Storm Alberto remains stationary over NW Caribbean Sea

    Subtropical Storm Alberto remains stationary over NW Caribbean Sea

    The highest rainfall amounts are expected along and near the I-75 corridor with some isolated areas receiving up to 6 inches. Hurricane Hunters found very little organization within the subtropical storm, which is severely sheared.
  • HSR cancellation: Don't make emotional decisions, says Najib

    HSR cancellation: Don't make emotional decisions, says Najib

    There is no official cost estimate for the project, but Malaysian officials say it would have cost up to 60 billion ringgit. Mohamad said that the process to cancel the project will take some time because of Malaysia's agreement with Singapore.
    Marchessault on Wilson hit: ‘The league’s going to take care of it’

    Marchessault on Wilson hit: ‘The league’s going to take care of it’

    Red Capitals sweaters speckled the steel gray crowd at T-Mobile Arena, but the night ultimately belonged to Vegas. On and off the ice, the first ever Stanley Cup final game in Las Vegas was just about as wild as you'd expect.
    6 good reasons for LeBron James to be exhausted

    6 good reasons for LeBron James to be exhausted

    Kyle Korver added 14 points with several hustle plays, and Tristan Thompson had 13 points and 12 rebounds for Cleveland . He also provided another big body to contest LeBron James if the Cavaliers superstar got around the paint.
  • Crude Prices Mixed After Last Week's Drop

    Crude Prices Mixed After Last Week's Drop

    The fall in prices of oil for drivers has been welcome news as it has been for companies that purchase large amounts of energy. However, an oil expert said these are short-term blips and there are plenty of options for oil producers to ease price hikes.
    Irish antiabortion campaign promises to 'regroup' as ban is overturned

    Irish antiabortion campaign promises to 'regroup' as ban is overturned

    Andrew Little said the result of the Irish referendum indicated that attitudes and values towards abortion were changing. Since 2013, abortions have been allowed in Ireland only in cases of life-threatening conditions.
    Oman raises death toll in aftermath of Cyclone Mekunu to 6

    Oman raises death toll in aftermath of Cyclone Mekunu to 6

    Oman's civil defense service on Saturday reported two deaths, adding to an earlier toll of a man and a 12-year-old girl. Yemenis, Indians and Sudanese were among those missing on the Arabian Sea isle and officials feared some may be dead.
  • IOS 11.4 brings a long awaited messaging feature

    IOS 11.4 brings a long awaited messaging feature

    While this is good for device-storage optimization, it may not be good for users who don't have a lot of iCloud storage to spare. Thanks to AirPlay 2 , you'll be able to sync up music playback on multiple AirPlay 2-compatible speakers throughout your home.
    Crews rescuing people, buildings collapse as torrential floods hit Ellicott City, Maryland

    Crews rescuing people, buildings collapse as torrential floods hit Ellicott City, Maryland

    The devastation was especially hard to comprehend coming barely two years after the last flood that ravaged the city, he said. The Community Action Council of Howard County is asking for water, cleaning supplies and flashlights.
    How to follow the Champions League final

    How to follow the Champions League final

    We must play a great game to win it. "Religion is private how I understand it", Klopp said. This club has it in its DNA that it can really go for the big things.

Body found of man who disappeared amid Maryland flooding Body found of man who disappeared amid Maryland flooding A vehicle that was swept into the riverbank rests just off Main Street in flood-ravaged Ellicott City, Md., Monday, May 28, 2018. In the July 2016 storm, Ellicott City received 6.6 inches (17 centimeters) of rain over a two- to three-hour period.

Russian journalist critical of Kremlin shot dead in Ukraine Russian journalist critical of Kremlin shot dead in Ukraine Mr Babchenko served in the Russian army and fought during the first separatist war in Chechnya during the 1990s. He said that the attacker shot Babchenko in the back as he stepped out of his apartment to buy bread.

Starbucks staff undergo racial bias training Starbucks staff undergo racial bias training "We know that one day of training will not stop bias or solve racism ", a company spokesperson told MONEY in an email. Starbucks' video about the training closes with the message, "It won't be flawless , but we're all in this together".

Give Serena Williams time to find top form, says Clijsters - Omni Sports Give Serena Williams time to find top form, says Clijsters - Omni Sports Without a seeding, Williams was placed in the same quarter of the draw as Sharapova, who is unseeded too. She said not being the defending champion this year will help her adopt a more relaxed approach.

Moonwalker and space artist Alan Bean dies Moonwalker and space artist Alan Bean dies Six years later, he piloted the lunar module for the Apollo 12 mission and followed Pete Conrad onto the surface of the moon. His trips to space prompted his surprise turn of career. "I think a lot of it just had to do with it looked exciting.

NewsAlert: Feds explore buying Trans Mountain; Morneau's decision coming Tuesday NewsAlert: Feds explore buying Trans Mountain; Morneau's decision coming Tuesday This week, Alberta premier Rachel Notley had bowed out of a Western premier's meeting, saying she planned to concentrate on the pipeline project ahead of the May 31 deadline.

Golden Retriever Dog Delivers Litter Of Puppies At Florida Airport [Photos, Video] Golden Retriever Dog Delivers Litter Of Puppies At Florida Airport [Photos, Video] Paramedics Larry Glanton and Lt Natalie Brown patiently delivered seven male pups, before the arrival - a little girl. Personnel with the Tampa Fire Rescue , which documented the birth on Twitter , helped Elle to deliver her puppies .

Sleeping in on weekends could save your life Sleeping in on weekends could save your life Average sleep duration at weekends and the percentage of those saying they did not feel rested at waking, did fall with age. So when Saturday morning rolls around, go ahead and turn off your alarm clock - it's for your own good.

South Korea want more talks with North Korea before summit South Korea want more talks with North Korea before summit Among those in North Korea on behalf of the USA was Sung Kim, the veteran diplomat and current US ambassador to the Philippines. The last time the two sides were scheduled to meet, the North Koreans never materialized and Trump scrapped the summit.

Trump says Korea talks "going along very well'" Trump says Korea talks A three-way summit was proposed by Moon and Kim when they first met at the border village of Panmunjom on April 27, Yonhap said. Saturday's meeting was only the fourth time - but the second in a month - that leaders from the North and South have met.

Scott Hogan should be sold by Aston Villa this summer Scott Hogan should be sold by Aston Villa this summer Mauricio Pochettino's Tottenham Hotspur and Manchester United are among the clubs linked with Ryan Sessegnon of Fulham in the summer transfer window.

Manchester United in advanced talks with Fred Manchester United in advanced talks with Fred Their closest rivals, Manchester City and Liverpool enjoyed great success in the 2017/18 campaign. Fred played 37 matches for Shakhtar this season, scoring four goals and making six assists.

Italian President Asks Former IMF Official to Try to Form a Government Italian President Asks Former IMF Official to Try to Form a Government He will struggle to gain the approval of parliament with Five Star and the League commanding a majority in both houses. The centre-right Forza Italia party and the centre-left Democratic Party (PD) both denounced calls for impeachment.

Patrick McCaw receives big cheers in first game since back injury Patrick McCaw receives big cheers in first game since back injury Golden State eventually found some sort of rhythm in the second quarter, bringing the deficit back down to 10 by halftime. Thompson went a combined 20 of 32 from 3-point range in those two impressive Game 6 shows, Saturday and in 2016.

Niall Horan, Hozier, Bastille & More Encourage Votes on Irish Abortion Referendum Niall Horan, Hozier, Bastille & More Encourage Votes on Irish Abortion Referendum The country's largest newspaper, the Irish Independent described the result as "a massive moment in Ireland's social history". People pass a mural as Ireland goes to the polls to vote in the referendum on the 8th Amendment of the Irish Constitution.