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(Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-11T10:38:41+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMaharashtra CM announced a reduction in VAT of Rs 5/litre on petrol and Rs 3/litre on diesel\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27\u003c/li\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by Rs 8/litre and diesel by Rs 6/litre\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1660194521267,\\\"strCount\\\":4172,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topic/petrol\\\\\\\"\u003ePetrol\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/diesel/\\\\\\\"\u003ediesel\u003c/a\u003e prices remained unchanged on Thursday, August 11, 2022. \u003ca href=\\\\\\\"https://opoyi.com/english/eknath-shinde-family-children-education-political-journey-and-more\\\\\\\"\u003eMaharashtra Chief Minister Eknath Shinde\u003c/a\u003e announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel on July 14, 2022.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-cpi-inflation-drops-to-85-in-july-beats-expectations-722868/\\\\\\\"\u003eUS CPI inflation drops to 8.5% in July, beats expectations\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topic/cm\\\\\\\"\u003eCM\u003c/a\u003e made the announcement after a state \u003ca href=\\\\\\\"https://opoyi.com/topic/cabinet\\\\\\\"\u003eCabinet\u003c/a\u003e meeting at Mantralaya on July 14. The decision was welcomed as a \\\\\\\"great relief to Maharashtrian and Marathi Manus\\\\\\\" by Deputy Chief Minister Devendra Fadnavis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-post-pandemic-markets-have-behaved-historically-711192/\\\\\\\"\u003eHow post-pandemic markets have behaved historically\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a \\\\\\\"welcome decision.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-paul-volcker-tamed-inflation-with-two-recessions-in-1980s-711126/\\\\\\\"\u003eHow Paul Volcker tamed inflation with two recessions in 1980s\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, fuel rates have decreased significantly after \u003ca href=\\\\\\\"https://opoyi.com/topic/finance\\\\\\\"\u003eFinance\u003c/a\u003e Minister \u003ca href=\\\\\\\"https://opoyi.com/topic/nirmalasitharaman\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/the-2008-market-crash-inside-the-doomsday-machine-and-a-brief-history-710488/\\\\\\\"\u003eThe 2008 market crash: Inside the doomsday machine and a brief history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topic/delhi\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in \u003ca href=\\\\\\\"https://opoyi.com/topic/mumbai\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 94.27.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topic/fuelprices\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/english/how-to-survive-a-market-crash\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/why-global-economy-is-not-in-recession-yet-709207/\\\\\\\"\u003eWhy global economy is not in recession yet\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topic/kerala\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topic/rajasthan\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topic/maharashtra\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-11T10:38:40+05:30","publisher":0,"sourceFeed":null,"cleanText":"Petrol and diesel prices remained unchanged on Thursday, August 11, 2022. Maharashtra Chief Minister Eknath Shinde announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel on July 14, 2022. Also Read| US CPI inflation drops to 8.5% in July, beats expectations,The CM made the announcement after a state Cabinet meeting at Mantralaya on July 14. The decision was welcomed as a great relief to Maharashtrian and Marathi Manus by Deputy Chief Minister Devendra Fadnavis. Also Read| How post-pandemic markets have behaved historically,He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a welcome decision. Also Read| How Paul Volcker tamed inflation with two recessions in 1980s,However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| The 2008 market crash: Inside the doomsday machine and a brief history,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27. ,Also Read| Great Depression to COVID: Top 5 market crashes in American history,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| How to survive a market crash,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Why global economy is not in recession yet,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Petrol,Maharashtra,VAT,Eknath Shinde,CM,Cabinet,Mantralaya,Devendra Fadnavis,Narendra Modi,Petroleum and Natural Gas,Also Read| How Paul Volcker,Finance,Nirmala Sitharaman,May.,Delhi","originalPublishedOn":"2022-08-11T10:38:40+05:30"}},{"node":{"id":"RSk5apNfassx","slug":"english/fuel-price-august-10-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai","slugV2":"business/fuel-price-august-10-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai-722267/","title":"Fuel price August 10, 2022: Petrol Rs 106.31, diesel Rs 94.27 in Mumbai","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-10T09:40:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMaharashtra CM announced a reduction in VAT of Rs 5/litre on petrol and Rs 3/litre on diesel\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27\u003c/li\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by Rs 8/litre and diesel by Rs 6/litre\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1660098216643,\\\"strCount\\\":4193,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topic/petrol\\\\\\\"\u003ePetrol\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/diesel/\\\\\\\"\u003ediesel\u003c/a\u003e prices remained unchanged on Wednesday, August 10, 2022. \u003ca href=\\\\\\\"https://opoyi.com/english/eknath-shinde-family-children-education-political-journey-and-more\\\\\\\"\u003eMaharashtra Chief Minister Eknath Shinde\u003c/a\u003e announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel on July 14, 2022.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/rbi-mpc-hikes-repo-rate-by-50-bps-as-inflationary-pressures-intensify-718537/\\\\\\\"\u003eRBI MPC hikes repo rate by 50 bps as inflationary pressures intensify\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topic/cm\\\\\\\"\u003eCM\u003c/a\u003e made the announcement after a state \u003ca href=\\\\\\\"https://opoyi.com/topic/cabinet\\\\\\\"\u003eCabinet\u003c/a\u003e meeting at Mantralaya on July 14. The decision was welcomed as a \\\\\\\"great relief to Maharashtrian and Marathi Manus\\\\\\\" by Deputy Chief Minister Devendra Fadnavis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-post-pandemic-markets-have-behaved-historically-711192/\\\\\\\"\u003eHow post-pandemic markets have behaved historically\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a \\\\\\\"welcome decision.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-paul-volcker-tamed-inflation-with-two-recessions-in-1980s-711126/\\\\\\\"\u003eHow Paul Volcker tamed inflation with two recessions in 1980s\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, fuel rates have decreased significantly after \u003ca href=\\\\\\\"https://opoyi.com/topic/finance\\\\\\\"\u003eFinance\u003c/a\u003e Minister \u003ca href=\\\\\\\"https://opoyi.com/topic/nirmalasitharaman\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/the-2008-market-crash-inside-the-doomsday-machine-and-a-brief-history-710488/\\\\\\\"\u003eThe 2008 market crash: Inside the doomsday machine and a brief history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topic/delhi\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in \u003ca href=\\\\\\\"https://opoyi.com/topic/mumbai\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 94.27.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topic/fuelprices\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/english/how-to-survive-a-market-crash\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/why-global-economy-is-not-in-recession-yet-709207/\\\\\\\"\u003eWhy global economy is not in recession yet\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topic/kerala\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topic/rajasthan\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topic/maharashtra\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-10T09:40:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Petrol and diesel prices remained unchanged on Wednesday, August 10, 2022. Maharashtra Chief Minister Eknath Shinde announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel on July 14, 2022. Also Read| RBI MPC hikes repo rate by 50 bps as inflationary pressures intensify,The CM made the announcement after a state Cabinet meeting at Mantralaya on July 14. The decision was welcomed as a great relief to Maharashtrian and Marathi Manus by Deputy Chief Minister Devendra Fadnavis. Also Read| How post-pandemic markets have behaved historically,He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a welcome decision. Also Read| How Paul Volcker tamed inflation with two recessions in 1980s,However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| The 2008 market crash: Inside the doomsday machine and a brief history,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27. ,Also Read| Great Depression to COVID: Top 5 market crashes in American history,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| How to survive a market crash,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Why global economy is not in recession yet,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Petrol,Maharashtra,Eknath Shinde,CM,Cabinet,Mantralaya,Devendra Fadnavis,Narendra Modi,Petroleum and Natural Gas,Also Read| How Paul Volcker,Finance,Nirmala Sitharaman,May.,Delhi","originalPublishedOn":"2022-08-10T09:40:00+05:30"}},{"node":{"id":"CJi1ihZj5ozs","slug":"english/fuel-price-august-8-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai","slugV2":"business/fuel-price-august-8-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai-720638/","title":"Fuel price August 8, 2022: Petrol Rs 106.31, diesel Rs 94.27 in Mumbai","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-08T10:20:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMaharashtra CM announced a reduction in VAT of Rs 5/litre on petrol and Rs 3/litre on diesel\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27\u003c/li\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by Rs 8/litre and diesel by Rs 6/litre\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659924945294,\\\"strCount\\\":4198,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topic/petrol\\\\\\\"\u003ePetrol\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/diesel/\\\\\\\"\u003ediesel\u003c/a\u003e prices remained unchanged on Monday, August 8, 2022. \u003ca href=\\\\\\\"https://opoyi.com/english/eknath-shinde-family-children-education-political-journey-and-more\\\\\\\"\u003eMaharashtra Chief Minister Eknath Shinde\u003c/a\u003e announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel on July 14, 2022.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rbi-mpc-hikes-repo-rate-by-50-bps-as-inflationary-pressures-intensify-718537/\\\\\\\"\u003eRBI MPC hikes repo rate by 50 bps as inflationary pressures intensify\u003c/a\u003e\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topic/cm\\\\\\\"\u003eCM\u003c/a\u003e made the announcement after a state \u003ca href=\\\\\\\"https://opoyi.com/topic/cabinet\\\\\\\"\u003eCabinet\u003c/a\u003e meeting at Mantralaya on July 14. The decision was welcomed as a \\\\\\\"great relief to Maharashtrian and Marathi Manus\\\\\\\" by Deputy Chief Minister Devendra Fadnavis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-post-pandemic-markets-have-behaved-historically-711192/\\\\\\\"\u003eHow post-pandemic markets have behaved historically\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a \\\\\\\"welcome decision.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-paul-volcker-tamed-inflation-with-two-recessions-in-1980s-711126/\\\\\\\"\u003eHow Paul Volcker tamed inflation with two recessions in 1980s\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, fuel rates have decreased significantly after \u003ca href=\\\\\\\"https://opoyi.com/topic/finance\\\\\\\"\u003eFinance\u003c/a\u003e Minister \u003ca href=\\\\\\\"https://opoyi.com/topic/nirmalasitharaman\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/the-2008-market-crash-inside-the-doomsday-machine-and-a-brief-history-710488/\\\\\\\"\u003eThe 2008 market crash: Inside the doomsday machine and a brief history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topic/delhi\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in \u003ca href=\\\\\\\"https://opoyi.com/topic/mumbai\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 94.27.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topic/fuelprices\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/english/how-to-survive-a-market-crash\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/why-global-economy-is-not-in-recession-yet-709207/\\\\\\\"\u003eWhy global economy is not in recession yet\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topic/kerala\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topic/rajasthan\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topic/maharashtra\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-08T10:20:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Petrol and diesel prices remained unchanged on Monday, August 8, 2022. Maharashtra Chief Minister Eknath Shinde announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel on July 14, 2022. Also Read| RBI MPC hikes repo rate by 50 bps as inflationary pressures intensify,The CM made the announcement after a state Cabinet meeting at Mantralaya on July 14. The decision was welcomed as a great relief to Maharashtrian and Marathi Manus by Deputy Chief Minister Devendra Fadnavis. Also Read| How post-pandemic markets have behaved historically,He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a welcome decision. Also Read| How Paul Volcker tamed inflation with two recessions in 1980s,However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| The 2008 market crash: Inside the doomsday machine and a brief history,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27. ,Also Read| Great Depression to COVID: Top 5 market crashes in American history,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| How to survive a market crash,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Why global economy is not in recession yet,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Petrol,Maharashtra,Eknath Shinde,Harshad Mehta,Indian,CM,Cabinet,Mantralaya,Devendra Fadnavis,Narendra Modi,Petroleum and Natural Gas,Also Read| How Paul Volcker,Finance,Nirmala Sitharaman","originalPublishedOn":"2022-08-08T10:20:00+05:30"}},{"node":{"id":"rmKbVDy5fDoN","slug":"english/fuel-price-august-5-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai","slugV2":"business/fuel-price-august-5-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai-718282/","title":"Fuel price August 5, 2022: Petrol Rs 106.31, diesel Rs 94.27 in Mumbai","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-05T09:15:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMaharashtra CM announced a reduction in VAT of Rs 5/litre on petrol and Rs 3/litre on diesel\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27\u003c/li\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by Rs 8/litre and diesel by Rs 6/litre\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659665575388,\\\"strCount\\\":4174,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topic/petrol\\\\\\\"\u003ePetrol\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/diesel/\\\\\\\"\u003ediesel\u003c/a\u003e prices remained unchanged on Friday, August 5, 2022. \u003ca href=\\\\\\\"https://opoyi.com/english/eknath-shinde-family-children-education-political-journey-and-more\\\\\\\"\u003eMaharashtra Chief Minister Eknath Shinde\u003c/a\u003e announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel on July 14, 2022.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/harshad-mehta-scam-how-big-bull-shook-the-indian-stock-market-695774/\\\\\\\"\u003eHarshad Mehta scam: How Big Bull shook the Indian stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topic/cm\\\\\\\"\u003eCM\u003c/a\u003e made the announcement after a state \u003ca href=\\\\\\\"https://opoyi.com/topic/cabinet\\\\\\\"\u003eCabinet\u003c/a\u003e meeting at Mantralaya on July 14. The decision was welcomed as a \\\\\\\"great relief to Maharashtrian and Marathi Manus\\\\\\\" by Deputy Chief Minister Devendra Fadnavis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-post-pandemic-markets-have-behaved-historically-711192/\\\\\\\"\u003eHow post-pandemic markets have behaved historically\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a \\\\\\\"welcome decision.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-paul-volcker-tamed-inflation-with-two-recessions-in-1980s-711126/\\\\\\\"\u003eHow Paul Volcker tamed inflation with two recessions in 1980s\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, fuel rates have decreased significantly after \u003ca href=\\\\\\\"https://opoyi.com/topic/finance\\\\\\\"\u003eFinance\u003c/a\u003e Minister \u003ca href=\\\\\\\"https://opoyi.com/topic/nirmalasitharaman\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/the-2008-market-crash-inside-the-doomsday-machine-and-a-brief-history-710488/\\\\\\\"\u003eThe 2008 market crash: Inside the doomsday machine and a brief history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topic/delhi\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in \u003ca href=\\\\\\\"https://opoyi.com/topic/mumbai\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 94.27.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topic/fuelprices\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/english/how-to-survive-a-market-crash\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/why-global-economy-is-not-in-recession-yet-709207/\\\\\\\"\u003eWhy global economy is not in recession yet\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topic/kerala\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topic/rajasthan\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topic/maharashtra\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-05T09:15:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Petrol and diesel prices remained unchanged on Friday, August 5, 2022. Maharashtra Chief Minister Eknath Shinde announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel on July 14, 2022. Also Read| Harshad Mehta scam: How Big Bull shook the Indian stock market,The CM made the announcement after a state Cabinet meeting at Mantralaya on July 14. The decision was welcomed as a great relief to Maharashtrian and Marathi Manus by Deputy Chief Minister Devendra Fadnavis. Also Read| How post-pandemic markets have behaved historically,He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a welcome decision. Also Read| How Paul Volcker tamed inflation with two recessions in 1980s,However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| The 2008 market crash: Inside the doomsday machine and a brief history,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27. ,Also Read| Great Depression to COVID: Top 5 market crashes in American history,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| How to survive a market crash,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Why global economy is not in recession yet,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Petrol,Maharashtra,VAT,Eknath Shinde,Harshad Mehta,Indian,CM,Cabinet,Mantralaya,Devendra Fadnavis,Narendra Modi,Petroleum and Natural Gas,Singh Puri,Also Read| How Paul Volcker,Finance","originalPublishedOn":"2022-08-05T09:15:00+05:30"}},{"node":{"id":"jT6d1tGapJkY","slug":"english/fuel-price-august-3-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai","slugV2":"business/fuel-price-august-3-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai-716314/","title":"Fuel price August 3, 2022: Petrol Rs 106.31, diesel Rs 94.27 in Mumbai","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-03T09:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMaharashtra CM announced a reduction in VAT of Rs 5/litre on petrol and Rs 3/litre on diesel\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27\u003c/li\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by Rs 8/litre and diesel by Rs 6/litre\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659494433682,\\\"strCount\\\":4182,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topic/petrol\\\\\\\"\u003ePetrol\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/diesel/\\\\\\\"\u003ediesel\u003c/a\u003e prices remained unchanged on Wednesday, August 3, 2022.\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/english/eknath-shinde-family-children-education-political-journey-and-more\\\\\\\"\u003eMaharashtra Chief Minister Eknath Shinde\u003c/a\u003e announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel on July 14, 2022.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/harshad-mehta-scam-how-big-bull-shook-the-indian-stock-market-695774/\\\\\\\"\u003eHarshad Mehta scam: How Big Bull shook the Indian stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topic/cm\\\\\\\"\u003eCM\u003c/a\u003e made the announcement after a state \u003ca href=\\\\\\\"https://opoyi.com/topic/cabinet\\\\\\\"\u003eCabinet\u003c/a\u003e meeting at Mantralaya on July 14. The decision was welcomed as a \\\\\\\"great relief to Maharashtrian and Marathi Manus\\\\\\\" by Deputy Chief Minister Devendra Fadnavis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-post-pandemic-markets-have-behaved-historically-711192/\\\\\\\"\u003eHow post-pandemic markets have behaved historically\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a \\\\\\\"welcome decision.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-paul-volcker-tamed-inflation-with-two-recessions-in-1980s-711126/\\\\\\\"\u003eHow Paul Volcker tamed inflation with two recessions in 1980s\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, fuel rates have decreased significantly after \u003ca href=\\\\\\\"https://opoyi.com/topic/finance\\\\\\\"\u003eFinance\u003c/a\u003e Minister \u003ca href=\\\\\\\"https://opoyi.com/topic/nirmalasitharaman\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/the-2008-market-crash-inside-the-doomsday-machine-and-a-brief-history-710488/\\\\\\\"\u003eThe 2008 market crash: Inside the doomsday machine and a brief history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topic/delhi\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in \u003ca href=\\\\\\\"https://opoyi.com/topic/mumbai\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 94.27.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topic/fuelprices\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/english/how-to-survive-a-market-crash\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/why-global-economy-is-not-in-recession-yet-709207/\\\\\\\"\u003eWhy global economy is not in recession yet\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topic/kerala\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topic/rajasthan\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topic/maharashtra\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-03T09:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Petrol and diesel prices remained unchanged on Wednesday, August 3, 2022. Maharashtra Chief Minister Eknath Shinde announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel on July 14, 2022. Also Read| Harshad Mehta scam: How Big Bull shook the Indian stock market,The CM made the announcement after a state Cabinet meeting at Mantralaya on July 14. The decision was welcomed as a great relief to Maharashtrian and Marathi Manus by Deputy Chief Minister Devendra Fadnavis. Also Read| How post-pandemic markets have behaved historically,He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a welcome decision. Also Read| How Paul Volcker tamed inflation with two recessions in 1980s,However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| The 2008 market crash: Inside the doomsday machine and a brief history,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27. ,Also Read| Great Depression to COVID: Top 5 market crashes in American history,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| How to survive a market crash,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Why global economy is not in recession yet,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Petrol,Maharashtra,Eknath Shinde,Harshad Mehta,Indian,CM,Cabinet,Mantralaya,Devendra Fadnavis,Narendra Modi,Petroleum and Natural Gas,Also Read| How Paul Volcker,Finance,Nirmala Sitharaman","originalPublishedOn":"2022-08-03T09:00:00+05:30"}},{"node":{"id":"1TvA1RFnkSPK","slug":"english/fuel-price-august-2-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai","slugV2":"business/fuel-price-august-2-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai-715271/","title":"Fuel price August 2, 2022: Petrol Rs 106.31, diesel Rs 94.27 in Mumbai","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-02T10:37:39+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMaharashtra CM announced a reduction in VAT of Rs 5/litre on petrol and Rs 3/litre on diesel\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27\u003c/li\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by Rs 8/litre and diesel by Rs 6/litre\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659416859068,\\\"strCount\\\":4134,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topic/petrol\\\\\\\"\u003ePetrol\u003c/a\u003e and diesel prices remained unchanged on Tuesday, August 2, 2022.\u0026nbsp; \u003ca href=\\\\\\\"https://opoyi.com/english/eknath-shinde-family-children-education-political-journey-and-more\\\\\\\"\u003eMaharashtra Chief Minister Eknath Shinde\u003c/a\u003e announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel on July 14, 2022.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/harshad-mehta-scam-how-big-bull-shook-the-indian-stock-market-695774/\\\\\\\"\u003eHarshad Mehta scam: How Big Bull shook the Indian stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topic/cm\\\\\\\"\u003eCM\u003c/a\u003e made the announcement after a state \u003ca href=\\\\\\\"https://opoyi.com/topic/cabinet\\\\\\\"\u003eCabinet\u003c/a\u003e meeting at Mantralaya on July 14. The decision was welcomed as a \\\\\\\"great relief to Maharashtrian and Marathi Manus\\\\\\\" by Deputy Chief Minister Devendra Fadnavis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-post-pandemic-markets-have-behaved-historically-711192/\\\\\\\"\u003eHow post-pandemic markets have behaved historically\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a \\\\\\\"welcome decision.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-paul-volcker-tamed-inflation-with-two-recessions-in-1980s-711126/\\\\\\\"\u003eHow Paul Volcker tamed inflation with two recessions in 1980s\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, fuel rates have decreased significantly after \u003ca href=\\\\\\\"https://opoyi.com/topic/finance\\\\\\\"\u003eFinance\u003c/a\u003e Minister \u003ca href=\\\\\\\"https://opoyi.com/topic/nirmalasitharaman\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/the-2008-market-crash-inside-the-doomsday-machine-and-a-brief-history-710488/\\\\\\\"\u003eThe 2008 market crash: Inside the doomsday machine and a brief history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topic/delhi\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in \u003ca href=\\\\\\\"https://opoyi.com/topic/mumbai\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 94.27.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topic/fuelprices\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/english/how-to-survive-a-market-crash\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/why-global-economy-is-not-in-recession-yet-709207/\\\\\\\"\u003eWhy global economy is not in recession yet\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topic/kerala\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topic/rajasthan\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topic/maharashtra\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-02T10:37:38+05:30","publisher":0,"sourceFeed":null,"cleanText":"Petrol and diesel prices remained unchanged on Tuesday, August 2, 2022. Maharashtra Chief Minister Eknath Shinde announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel on July 14, 2022. Also Read| Harshad Mehta scam: How Big Bull shook the Indian stock market,The CM made the announcement after a state Cabinet meeting at Mantralaya on July 14. The decision was welcomed as a great relief to Maharashtrian and Marathi Manus by Deputy Chief Minister Devendra Fadnavis. Also Read| How post-pandemic markets have behaved historically,He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a welcome decision. Also Read| How Paul Volcker tamed inflation with two recessions in 1980s,However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| The 2008 market crash: Inside the doomsday machine and a brief history,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27. ,Also Read| Great Depression to COVID: Top 5 market crashes in American history,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| How to survive a market crash,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Why global economy is not in recession yet,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Petrol,Maharashtra,VAT,Eknath Shinde,Harshad Mehta,Indian,CM,Cabinet,Mantralaya,Devendra Fadnavis,Narendra Modi,Petroleum and Natural Gas,Singh Puri,Also Read| How Paul Volcker,Finance","originalPublishedOn":"2022-08-02T10:37:38+05:30"}},{"node":{"id":"erEhEMQOOawe","slug":"english/fuel-price-august-1-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai","slugV2":"business/fuel-price-august-1-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai-714441/","title":"Fuel price August 1, 2022: Petrol Rs 106.31, diesel Rs 94.27 in Mumbai","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-01T09:30:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMaharashtra CM announced a reduction in VAT of Rs 5 per litre on petrol and Rs 3 per litre on diesel\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27\u003c/li\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659320553530,\\\"strCount\\\":4133,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topic/petrol\\\\\\\"\u003ePetrol\u003c/a\u003e and diesel prices remained unchanged on Monday, August 1, 2022.\u0026nbsp; \u003ca href=\\\\\\\"https://opoyi.com/english/eknath-shinde-family-children-education-political-journey-and-more\\\\\\\"\u003eMaharashtra Chief Minister Eknath Shinde\u003c/a\u003e announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel on July 14, 2022.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/harshad-mehta-scam-how-big-bull-shook-the-indian-stock-market-695774/\\\\\\\"\u003eHarshad Mehta scam: How Big Bull shook the Indian stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topic/cm\\\\\\\"\u003eCM\u003c/a\u003e made the announcement after a state \u003ca href=\\\\\\\"https://opoyi.com/topic/cabinet\\\\\\\"\u003eCabinet\u003c/a\u003e meeting at Mantralaya on July 14. The decision was welcomed as a \\\\\\\"great relief to Maharashtrian and Marathi Manus\\\\\\\" by Deputy Chief Minister Devendra Fadnavis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-post-pandemic-markets-have-behaved-historically-711192/\\\\\\\"\u003eHow post-pandemic markets have behaved historically\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a \\\\\\\"welcome decision.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-paul-volcker-tamed-inflation-with-two-recessions-in-1980s-711126/\\\\\\\"\u003eHow Paul Volcker tamed inflation with two recessions in 1980s\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, fuel rates have decreased significantly after \u003ca href=\\\\\\\"https://opoyi.com/topic/finance\\\\\\\"\u003eFinance\u003c/a\u003e Minister \u003ca href=\\\\\\\"https://opoyi.com/topic/nirmalasitharaman\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/the-2008-market-crash-inside-the-doomsday-machine-and-a-brief-history-710488/\\\\\\\"\u003eThe 2008 market crash: Inside the doomsday machine and a brief history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topic/delhi\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in \u003ca href=\\\\\\\"https://opoyi.com/topic/mumbai\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 94.27.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topic/fuelprices\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/english/how-to-survive-a-market-crash\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/why-global-economy-is-not-in-recession-yet-709207/\\\\\\\"\u003eWhy global economy is not in recession yet\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topic/kerala\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topic/rajasthan\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topic/maharashtra\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-01T09:30:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Petrol and diesel prices remained unchanged on Monday, August 1, 2022. Maharashtra Chief Minister Eknath Shinde announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel on July 14, 2022. Also Read| Harshad Mehta scam: How Big Bull shook the Indian stock market,The CM made the announcement after a state Cabinet meeting at Mantralaya on July 14. The decision was welcomed as a great relief to Maharashtrian and Marathi Manus by Deputy Chief Minister Devendra Fadnavis. Also Read| How post-pandemic markets have behaved historically,He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a welcome decision. Also Read| How Paul Volcker tamed inflation with two recessions in 1980s,However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| The 2008 market crash: Inside the doomsday machine and a brief history,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27. ,Also Read| Great Depression to COVID: Top 5 market crashes in American history,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| How to survive a market crash,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Why global economy is not in recession yet,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Petrol,Maharashtra,Eknath Shinde,Harshad Mehta,Indian,CM,Cabinet,Mantralaya,Devendra Fadnavis,Narendra Modi,Petroleum and Natural Gas,Also Read| How Paul Volcker,Finance,Nirmala Sitharaman","originalPublishedOn":"2022-08-01T09:30:00+05:30"}},{"node":{"id":"G7s9yn3Niuph","slug":"english/fuel-price-july-29-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai","slugV2":"business/fuel-price-july-29-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai-712362/","title":"Fuel price July 29, 2022: Petrol Rs 106.31, diesel Rs 94.27 in Mumbai","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-29T10:56:26+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMaharashtra CM announced a reduction in VAT of Rs 5 per litre on petrol and Rs 3 per litre on diesel\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27\u003c/li\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659072385862,\\\"strCount\\\":4185,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topic/petrol\\\\\\\"\u003ePetrol\u003c/a\u003e and diesel prices remained unchanged on Friday, July 29.\u0026nbsp; \u003ca href=\\\\\\\"https://opoyi.com/english/eknath-shinde-family-children-education-political-journey-and-more\\\\\\\"\u003eMaharashtra Chief Minister Eknath Shinde\u003c/a\u003e announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel on July 14, 2022.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/harshad-mehta-scam-how-big-bull-shook-the-indian-stock-market-695774/\\\\\\\"\u003eHarshad Mehta scam: How Big Bull shook the Indian stock market\u003c/a\u003e\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topic/cm\\\\\\\"\u003eCM\u003c/a\u003e made the announcement after a state \u003ca href=\\\\\\\"https://opoyi.com/topic/cabinet\\\\\\\"\u003eCabinet\u003c/a\u003e meeting at Mantralaya on July 14. The decision was welcomed as a \\\\\\\"great relief to Maharashtrian and Marathi Manus\\\\\\\" by Deputy Chief Minister Devendra Fadnavis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-post-pandemic-markets-have-behaved-historically-711192/\\\\\\\"\u003eHow post-pandemic markets have behaved historically\u003c/a\u003e\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a \\\\\\\"welcome decision.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-paul-volcker-tamed-inflation-with-two-recessions-in-1980s-711126/\\\\\\\"\u003eHow Paul Volcker tamed inflation with two recessions in 1980s\u003c/a\u003e\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, fuel rates have decreased significantly after \u003ca href=\\\\\\\"https://opoyi.com/topic/finance\\\\\\\"\u003eFinance\u003c/a\u003e Minister \u003ca href=\\\\\\\"https://opoyi.com/topic/nirmalasitharaman\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/the-2008-market-crash-inside-the-doomsday-machine-and-a-brief-history-710488/\\\\\\\"\u003eThe 2008 market crash: Inside the doomsday machine and a brief history\u003c/a\u003e\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topic/delhi\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in \u003ca href=\\\\\\\"https://opoyi.com/topic/mumbai\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 94.27.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topic/fuelprices\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/english/how-to-survive-a-market-crash\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-global-economy-is-not-in-recession-yet-709207/\\\\\\\"\u003eWhy global economy is not in recession yet\u003c/a\u003e\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topic/kerala\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topic/rajasthan\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topic/maharashtra\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-29T10:56:26+05:30","publisher":0,"sourceFeed":null,"cleanText":"Petrol and diesel prices remained unchanged on Friday, July 29. Maharashtra Chief Minister Eknath Shinde announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel on July 14, 2022. Also Read| Harshad Mehta scam: How Big Bull shook the Indian stock market,The CM made the announcement after a state Cabinet meeting at Mantralaya on July 14. The decision was welcomed as a great relief to Maharashtrian and Marathi Manus by Deputy Chief Minister Devendra Fadnavis. Also Read| How post-pandemic markets have behaved historically,He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a welcome decision. Also Read| How Paul Volcker tamed inflation with two recessions in 1980s,However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| The 2008 market crash: Inside the doomsday machine and a brief history,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27. ,Also Read| Great Depression to COVID: Top 5 market crashes in American history,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| How to survive a market crash,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Why global economy is not in recession yet,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Petrol,Maharashtra,Eknath Shinde,CM,Cabinet,Mantralaya,Devendra Fadnavis,Narendra Modi,Petroleum and Natural Gas,Singh Puri,Finance,Nirmala Sitharaman,Delhi,Mumbai","originalPublishedOn":"2022-07-29T10:56:26+05:30"}},{"node":{"id":"qSUgeTEHBAy7","slug":"english/fuel-price-july-25-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai","slugV2":"business/fuel-price-july-25-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai-708910/","title":"Fuel price July 25, 2022: Petrol Rs 106.31, diesel Rs 94.27 in Mumbai","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-25T10:31:44+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMaharashtra CM announced a reduction in VAT of Rs 5 per litre on petrol and Rs 3 per litre on diesel\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27\u003c/li\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by Rs 8/litre and diesel by Rs 6/ litre\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658725303101,\\\"strCount\\\":4125,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003ePetrol\u003c/a\u003e and diesel prices remained unchanged on Monday, July 25.\u0026nbsp; \u003ca href=\\\\\\\"https://opoyi.com/india/eknath-shinde-family-children-education-political-journey-and-more-683610/\\\\\\\"\u003eMaharashtra Chief Minister Eknath Shinde\u003c/a\u003e announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on July 14.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/rbi-ready-to-spend-up-to-100-billion-more-to-protect-rupee-report-705566/\\\\\\\"\u003eRBI ready to spend up to $100 billion more to protect rupee: report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/cm/\\\\\\\"\u003eCM\u003c/a\u003e made the announcement after a state \u003ca href=\\\\\\\"https://opoyi.com/topics/cabinet/\\\\\\\"\u003eCabinet\u003c/a\u003e meeting at Mantralaya on July 14. The decision was welcomed as a \\\\\\\"great relief to Maharashtrian and Marathi Manus\\\\\\\" by Deputy Chief Minister Devendra Fadnavis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/heres-what-depreciating-rupee-mean-for-stock-markets-701879/\\\\\\\"\u003eHere's what depreciating rupee means for stock markets\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a \\\\\\\"welcome decision.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, fuel rates have decreased significantly after \u003ca href=\\\\\\\"https://opoyi.com/topics/finance/\\\\\\\"\u003eFinance\u003c/a\u003e Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/india/how-inflation-affects-rbis-interest-rate-policy-329823/\\\\\\\"\u003eHow inflation affects RBI’s interest rate policy\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 94.27.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in \u003c/a\u003e\u003ca href=\\\\\\\"https://opoyi.com/topics/american/\\\\\\\"\u003eAmerican\u003c/a\u003e history\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-to-survive-a-market-crash-694936/\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/explained-why-has-rbi-allowed-international-trade-settlement-in-rupee-699199/\\\\\\\"\u003eExplained: Why has RBI allowed international trade settlement in Rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/world/explained-changes-in-repo-rates-and-their-impact-on-stock-market-340419/\\\\\\\"\u003eExplained: Changes in repo rates and their impact on stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-25T10:31:42+05:30","publisher":0,"sourceFeed":null,"cleanText":"Petrol and diesel prices remained unchanged on Monday, July 25. Maharashtra Chief Minister Eknath Shinde announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on July 14. Also Read| RBI ready to spend up to $100 billion more to protect rupee: report,The CM made the announcement after a state Cabinet meeting at Mantralaya on July 14. The decision was welcomed as a great relief to Maharashtrian and Marathi Manus by Deputy Chief Minister Devendra Fadnavis. Also Read| Here's what depreciating rupee means for stock markets,He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a welcome decision. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| How inflation affects RBI’s interest rate policy,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27. ,Also Read| Great Depression to COVID: Top 5 market crashes in American history,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| How to survive a market crash,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Explained: Why has RBI allowed international trade settlement in Rupee,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Explained: Changes in repo rates and their impact on stock market,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Petrol,Maharashtra,Eknath Shinde,CM,Cabinet,Mantralaya,Devendra Fadnavis,Narendra Modi,Petroleum and Natural Gas,Singh Puri,Finance,Nirmala Sitharaman,Delhi,Mumbai","originalPublishedOn":"2022-07-25T10:31:42+05:30"}},{"node":{"id":"NmNcjIP2xpiU","slug":"english/fuel-price-july-22-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai","slugV2":"business/fuel-price-july-22-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai-706947/","title":"Fuel price July 22, 2022: Petrol Rs 106.31, diesel Rs 94.27 in Mumbai","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-22T09:15:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMaharashtra CM announced a reduction in VAT of Rs 5 per litre on petrol and Rs 3 per litre on diesel\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27\u003c/li\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by Rs 8/litre and diesel by Rs 6/ litre\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658460650945,\\\"strCount\\\":4134,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003ePetrol\u003c/a\u003e and diesel prices remained unchanged on Friday, July 22.\u0026nbsp; \u003ca href=\\\\\\\"https://opoyi.com/india/eknath-shinde-family-children-education-political-journey-and-more-683610/\\\\\\\"\u003eMaharashtra Chief Minister Eknath Shinde\u003c/a\u003e announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel last week.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/rbi-ready-to-spend-up-to-100-billion-more-to-protect-rupee-report-705566/\\\\\\\"\u003eRBI ready to spend up to $100 billion more to protect rupee: report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/cm/\\\\\\\"\u003eCM\u003c/a\u003e made the announcement after a state \u003ca href=\\\\\\\"https://opoyi.com/topics/cabinet/\\\\\\\"\u003eCabinet\u003c/a\u003e meeting at Mantralaya on July 14. The decision was welcomed as a \\\\\\\"great relief to Maharashtrian and Marathi Manus\\\\\\\" by Deputy Chief Minister Devendra Fadnavis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/heres-what-depreciating-rupee-mean-for-stock-markets-701879/\\\\\\\"\u003eHere's what depreciating rupee means for stock markets\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a \\\\\\\"welcome decision.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, fuel rates have decreased significantly after \u003ca href=\\\\\\\"https://opoyi.com/topics/finance/\\\\\\\"\u003eFinance\u003c/a\u003e Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/india/how-inflation-affects-rbis-interest-rate-policy-329823/\\\\\\\"\u003eHow inflation affects RBI’s interest rate policy\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 94.27.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in \u003c/a\u003e\u003ca href=\\\\\\\"https://opoyi.com/topics/american/\\\\\\\"\u003eAmerican\u003c/a\u003e history\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-to-survive-a-market-crash-694936/\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/explained-why-has-rbi-allowed-international-trade-settlement-in-rupee-699199/\\\\\\\"\u003eExplained: Why has RBI allowed international trade settlement in Rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/world/explained-changes-in-repo-rates-and-their-impact-on-stock-market-340419/\\\\\\\"\u003eExplained: Changes in repo rates and their impact on stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-22T09:15:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Petrol and diesel prices remained unchanged on Friday, July 22. Maharashtra Chief Minister Eknath Shinde announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel last week. Also Read| RBI ready to spend up to $100 billion more to protect rupee: report,The CM made the announcement after a state Cabinet meeting at Mantralaya on July 14. The decision was welcomed as a great relief to Maharashtrian and Marathi Manus by Deputy Chief Minister Devendra Fadnavis. Also Read| Here's what depreciating rupee means for stock markets,He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a welcome decision. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| How inflation affects RBI’s interest rate policy,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27. ,Also Read| Great Depression to COVID: Top 5 market crashes in American history,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| How to survive a market crash,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Explained: Why has RBI allowed international trade settlement in Rupee,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Explained: Changes in repo rates and their impact on stock market,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Petrol,Maharashtra,VAT,Eknath Shinde,CM,Cabinet,Mantralaya,Devendra Fadnavis,Narendra Modi,Petroleum and Natural Gas,Singh Puri,Finance,Nirmala Sitharaman,Delhi,Mumbai,petrol price today, diesel price today, fuel price in mumbai, fuel price in Delhi, petr","originalPublishedOn":"2022-07-22T09:15:00+05:30"}},{"node":{"id":"ALBSVUJG9lFe","slug":"english/fuel-price-july-21-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai","slugV2":"business/fuel-price-july-21-2022-petrol-rs-10631-diesel-rs-9427-in-mumbai-705982/","title":"Fuel price July 21, 2022: Petrol Rs 106.31, diesel Rs 94.27 in Mumbai","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-21T08:45:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMaharashtra CM announced a reduction in VAT of Rs 5 per litre on petrol and Rs 3 per litre on diesel\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27\u003c/li\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658370331356,\\\"strCount\\\":4145,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003ePetrol\u003c/a\u003e and diesel prices remained unchanged on Thursday, July 21.\u0026nbsp; \u003ca href=\\\\\\\"https://opoyi.com/india/eknath-shinde-family-children-education-political-journey-and-more-683610/\\\\\\\"\u003eMaharashtra Chief Minister Eknath Shinde\u003c/a\u003e announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel last week.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rbi-ready-to-spend-up-to-100-billion-more-to-protect-rupee-report-705566/\\\\\\\"\u003eRBI ready to spend up to $100 billion more to protect rupee: report\u003c/a\u003e\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/cm/\\\\\\\"\u003eCM\u003c/a\u003e made the announcement after a state \u003ca href=\\\\\\\"https://opoyi.com/topics/cabinet/\\\\\\\"\u003eCabinet\u003c/a\u003e meeting at Mantralaya on July 14. The decision was welcomed as a \\\\\\\"great relief to Maharashtrian and Marathi Manus\\\\\\\" by Deputy Chief Minister Devendra Fadnavis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/heres-what-depreciating-rupee-mean-for-stock-markets-701879/\\\\\\\"\u003eHere's what depreciating rupee means for stock markets\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a \\\\\\\"welcome decision.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, fuel rates have decreased significantly after \u003ca href=\\\\\\\"https://opoyi.com/topics/finance/\\\\\\\"\u003eFinance\u003c/a\u003e Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/india/how-inflation-affects-rbis-interest-rate-policy-329823/\\\\\\\"\u003eHow inflation affects RBI’s interest rate policy\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 94.27.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in \u003c/a\u003e\u003ca href=\\\\\\\"https://opoyi.com/topics/american/\\\\\\\"\u003eAmerican\u003c/a\u003e history\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-to-survive-a-market-crash-694936/\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/explained-why-has-rbi-allowed-international-trade-settlement-in-rupee-699199/\\\\\\\"\u003eExplained: Why has RBI allowed international trade settlement in Rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/world/explained-changes-in-repo-rates-and-their-impact-on-stock-market-340419/\\\\\\\"\u003eExplained: Changes in repo rates and their impact on stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-21T08:45:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Petrol and diesel prices remained unchanged on Thursday, July 21. Maharashtra Chief Minister Eknath Shinde announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel last week. Also Read| RBI ready to spend up to $100 billion more to protect rupee: report,The CM made the announcement after a state Cabinet meeting at Mantralaya on July 14. The decision was welcomed as a great relief to Maharashtrian and Marathi Manus by Deputy Chief Minister Devendra Fadnavis. Also Read| Here's what depreciating rupee means for stock markets,He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a welcome decision. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| How inflation affects RBI’s interest rate policy,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 106.31 in Mumbai, while diesel costs Rs 94.27. ,Also Read| Great Depression to COVID: Top 5 market crashes in American history,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| How to survive a market crash,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Explained: Why has RBI allowed international trade settlement in Rupee,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Explained: Changes in repo rates and their impact on stock market,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Petrol,Maharashtra,VAT,Eknath Shinde,CM,Cabinet,Mantralaya,Devendra Fadnavis,Narendra Modi,Petroleum and Natural Gas,Singh Puri,Finance,Nirmala Sitharaman,Delhi,Mumbai,petrol price today, diesel price today, fuel price in mumbai, fuel price in Delhi, petr","originalPublishedOn":"2022-07-21T08:45:00+05:30"}},{"node":{"id":"UUGfO2MsnTGY","slug":"english/rbi-ready-to-spend-up-to-100-billion-more-to-protect-rupee-report","slugV2":"business/rbi-ready-to-spend-up-to-100-billion-more-to-protect-rupee-report-705566/","title":"RBI ready to spend up to $100 billion more to protect rupee: report","postType":1,"coverMedia":"/opoyi_7XQ5l_pjOA.jpg","coverCaption":"The rupee has lost more than 7% of its value in 2022. (Photo credit: Twitter/@ANI)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-20T13:59:25+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe RBI's currency reserves have decreased by more than $60 billion from their peak of $642.450 billion\u003c/li\u003e\n \u003cli\u003eThe rupee plummeted to the low of 80 per US dollar on Tuesday\u003c/li\u003e\n \u003cli\u003eThe rupee depreciated 4 paise to 79.96 against the US dollar on Wednesday\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658305764640,\\\"strCount\\\":3718,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/rbi/\\\\\\\"\u003eReserve Bank of India\u003c/a\u003e is ready to sell a sixth of its foreign exchange reserves to safeguard the rupee from further depreciation after it hit historic lows in recent weeks, reported Reuters citing sources.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/oil-and-gas-company-share-rises-upto-11-as-government-cut-windfall-tax-705542/\\\\\\\"\u003eOil and gas company share rises upto 11% as government cut windfall tax\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The rupee has lost more than 7% of its value in 2022 and \u003ca href=\\\\\\\"https://opoyi.com/business/rupee-hits-all-time-low-of-80-why-is-it-falling-704868/\\\\\\\"\u003eplummeted to the crucial level of 80 per US dollar\u003c/a\u003e on Tuesday, according to Reuters, but the drop would have been significantly more if the Reserve Bank of India (RBI) had not intervened to stop the slide.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/vedanta-share-rises-over-5-on-second-interim-dividend-cut-in-windfall-gains-tax-705525/\\\\\\\"\u003eVedanta share rises over 5% on second interim dividend, cut in windfall gains tax\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The RBI's currency reserves have decreased by more than $60 billion from its peak of $642.450 billion in early September, owing to value fluctuations but mostly to dollar selling intervention.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/sensex-surges-755-points-while-nifty-around-16565-in-early-trade-705510/\\\\\\\"\u003eSensex surges 755 points while Nifty around 16,565 in early trade\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Despite the reduction, the RBI's reserves of $580 billion remain the world's fifth biggest, providing the central bank confidence in its capacity to prevent a quick, abrupt depreciation of the currency.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/fuel-price-july-19-2022-petrol-rs-10531-diesel-rs-9427-in-mumbai-705301/\\\\\\\"\u003eFuel price July 19, 2022: Petrol Rs 105.31, diesel Rs 94.27 in Mumbai\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"They have shown that they will use reserves at will to prevent volatility in the rupee. They have the wherewithal and have demonstrated the willingness to use it and \u003ca href=\\\\\\\"https://opoyi.com/topics/rbi/\\\\\\\"\u003eRBI\u003c/a\u003e can afford to spend even $100 billion more if required to defend the rupee,\\\\\\\" according to Reuters.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/stocks-that-should-be-on-your-watchlist-on-wednesday-july-20-2022-705405/\\\\\\\"\u003eStocks that should be on your watchlist on Wednesday, July 20, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The RBI, as per its stated stance, according to Reuters, does not try to protect the rupee or hold it at a certain level but will act to avoid any runaway depreciation in the currency.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-hul-ambuja-cements-vedanta-and-others-in-news-today-705404/\\\\\\\"\u003eTrending Stocks: HUL, Ambuja Cements, Vedanta and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The rupee depreciated 4 paise to 79.96 against the US dollar in opening trade on Wednesday amid demand for dollar from oil importers and to firm crude oil prices.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/heres-what-depreciating-rupee-mean-for-stock-markets-701879/\\\\\\\"\u003eHere's what depreciating rupee means for stock markets\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Meanwhile, within less than three weeks of its implementation, the \u003ca href=\\\\\\\"https://opoyi.com/wires/presstrustofindia/govt-slashes-windfall-tax-on-fuel-export-domestic-crude-oil-705539/\\\\\\\"\u003egovernment reduced windfall taxes\u003c/a\u003e on other fuels and removed a tax on petrol exports.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rupee-hits-all-time-low-of-80-why-is-it-falling-704868/\\\\\\\"\u003eRupee hits all-time low of 80; why is it falling?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to a government statement, the Centre has lowered the windfall tax on diesel and aviation fuel shipments by Rs 2 per litre and totally eliminated the Rs 6 per litre duty on petrol exports. It also reduced the tariff on domestically produced crude by around 27% to Rs 17,000 per tonne.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Forex","slug":"forex","id":"RljaSYLZDBMy","isSection":0},{"name":"ReserveBankOfIndia","slug":"reservebankofindia","id":"961q4n2jRxlD","isSection":0},{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"RBI","slug":"rbi","id":"mmhRjdCmZCj0","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-20T13:59:24+05:30","publisher":0,"sourceFeed":null,"cleanText":"The Reserve Bank of India is ready to sell a sixth of its foreign exchange reserves to safeguard the rupee from further depreciation after it hit historic lows in recent weeks, reported Reuters citing sources. Also Read| Oil and gas company share rises upto 11% as government cut windfall tax,The rupee has lost more than 7% of its value in 2022 and plummeted to the crucial level of 80 per US dollar on Tuesday, according to Reuters, but the drop would have been significantly more if the Reserve Bank of India (RBI) had not intervened to stop the slide. Also Read| Vedanta share rises over 5% on second interim dividend, cut in windfall gains tax,The RBI's currency reserves have decreased by more than $60 billion from its peak of $642.450 billion in early September, owing to value fluctuations but mostly to dollar selling intervention. Also Read| Sensex surges 755 points while Nifty around 16,565 in early trade,Despite the reduction, the RBI's reserves of $580 billion remain the world's fifth biggest, providing the central bank confidence in its capacity to prevent a quick, abrupt depreciation of the currency. Also Read| Fuel price July 19, 2022: Petrol Rs 105.31, diesel Rs 94.27 in Mumbai,They have shown that they will use reserves at will to prevent volatility in the rupee. They have the wherewithal and have demonstrated the willingness to use it and RBI can afford to spend even $100 billion more if required to defend the rupee, according to Reuters. Also Read| Stocks that should be on your watchlist on Wednesday, July 20, 2022,The RBI, as per its stated stance, according to Reuters, does not try to protect the rupee or hold it at a certain level but will act to avoid any runaway depreciation in the currency. Also Read| Trending Stocks: HUL, Ambuja Cements, Vedanta and others in news today,The rupee depreciated 4 paise to 79.96 against the US dollar in opening trade on Wednesday amid demand for dollar from oil importers and to firm crude oil prices. ,Also Read| Here's what depreciating rupee means for stock markets,Meanwhile, within less than three weeks of its implementation, the government reduced windfall taxes on other fuels and removed a tax on petrol exports. ,Also Read| Rupee hits all-time low of 80; why is it falling?,According to a government statement, the Centre has lowered the windfall tax on diesel and aviation fuel shipments by Rs 2 per litre and totally eliminated the Rs 6 per litre duty on petrol exports. It also reduced the tariff on domestically produced crude by around 27% to Rs 17,000 per tonne.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"The Reserve Bank of India,the Reserve Bank of India,The Reserve Bank of India's,RBI,the US Federal Reserve","originalPublishedOn":"2022-07-20T13:59:24+05:30"}},{"node":{"id":"mEJRf7QiS6Y5","slug":"english/oil-and-gas-company-share-rises-upto-11-as-government-cut-windfall-tax","slugV2":"business/oil-and-gas-company-share-rises-upto-11-as-government-cut-windfall-tax-705542/","title":"Oil and gas company share rises upto 11% as government cut windfall tax","postType":1,"coverMedia":"/opoyi_2tAFzJclF.jpg","coverCaption":"Most oil and gas equities had fallen by far to 45% from their 52-week highs in June. (Photo credit: Representational/Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-20T11:48:48+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe government reduced the windfall tax on domestic crude oil production to Rs 17,000/tonne\u003c/li\u003e\n \u003cli\u003eThe government also cut the additional excise duty on diesel and ATF exports by Rs 2/litre\u003c/li\u003e\n \u003cli\u003eOil India rose 8% to Rs 201.80, CPCL increased 11% to Rs 296.40, ONGC surged 7% to Rs 136.40\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658297927442,\\\"strCount\\\":2981,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Oil and gas company shares rose up to 11% on the BSE in intraday trade on Wednesday after the \u003ca href=\\\\\\\"https://opoyi.com/wires/presstrustofindia/govt-slashes-windfall-tax-on-fuel-export-domestic-crude-oil-705539/\\\\\\\"\u003egovernment reduced the windfall tax on domestic crude oil production\u003c/a\u003e from Rs 23,250/tonne to Rs 17,000/tonne. The government also \u003ca href=\\\\\\\"https://opoyi.com/wires/presstrustofindia/govt-slashes-windfall-tax-on-fuel-export-domestic-crude-oil-705539/\\\\\\\"\u003ecut the additional excise duty on diesel and ATF\u003c/a\u003e\u0026nbsp;exports by Rs 2/litre, while the additional excise duty on petrol has been withdrawn.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/vedanta-share-rises-over-5-on-second-interim-dividend-cut-in-windfall-gains-tax-705525/\\\\\\\"\u003eVedanta share rises over 5% on second interim dividend, cut in windfall gains tax\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Oil India rose 8% to Rs 201.80, Chennai Petroleum Corporation (CPCL) increased 11% to Rs 296.40, and Oil and Natural Gas Corporation (ONGC) increased 7% to Rs 136.40.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/sensex-surges-755-points-while-nifty-around-16565-in-early-trade-705510/\\\\\\\"\u003eSensex surges 755 points while Nifty around 16,565 in early trade\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On the BSE in early trade today, Mangalore Refinery \u0026amp; Petrochemicals (MRPL) remained locked in the 5% upper circuit at Rs 76.30, Gail (India) jumped 5% to Rs 147.30, and Reliance Industries gained 4% to Rs 2,545\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"At 11:38 a.m., the S\u0026amp;P BSE Sensex was up 1.37% at 55,518.60 points.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/fuel-price-july-19-2022-petrol-rs-10531-diesel-rs-9427-in-mumbai-705301/\\\\\\\"\u003eFuel price July 19, 2022: Petrol Rs 105.31, diesel Rs 94.27 in Mumbai\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Most oil and gas equities had fallen by far to 45% from their 52-week highs in June when the government levied a windfall tax and increased excise duty on diesel, petrol, and ATF exports.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/stocks-that-should-be-on-your-watchlist-on-wednesday-july-20-2022-705405/\\\\\\\"\u003eStocks that should be on your watchlist on Wednesday, July 20, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"Post some moderation in product cracks in July, the government has reduced excise duty on fuel exports. This will benefit the refining companies. The new changes in excise duty will come into effect from July 20. Windfall tax has been reduced from ~US$ 40/bbl to ~US$ 29/bbl taking into account the recent trend in global oil prices. Reduction in windfall tax augurs well for oil producing companies\\\\\\\", ICICI Securities said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-hul-ambuja-cements-vedanta-and-others-in-news-today-705404/\\\\\\\"\u003eTrending Stocks: HUL, Ambuja Cements, Vedanta and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“While in absolute terms, the windfall taxes are still high, we believe steady normalisation in local fuel availability (a key energy security concern for the government), stability in oil prices, more normalised global fuel margins and currency stability will help further reduction in windfall taxes under the fortnightly review,” said analysts at Morgan Stanley.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"Sensex","slug":"sensex","id":"MhfKMlGWFTBF","isSection":0},{"name":"BSE","slug":"bse","id":"2seBd7Lyb8z6","isSection":0},{"name":"NSE","slug":"nse","id":"74WQDLQfPQDQ","isSection":0},{"name":"Nifty","slug":"nifty","id":"2JvkXElbbqnQ","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"MorganStanley","slug":"morganstanley","id":"trphbcMvJH28","isSection":0},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-20T11:48:46+05:30","publisher":0,"sourceFeed":null,"cleanText":"Oil and gas company shares rose up to 11% on the BSE in intraday trade on Wednesday after the government reduced the windfall tax on domestic crude oil production from Rs 23,250/tonne to Rs 17,000/tonne. The government also cut the additional excise duty on diesel and ATF exports by Rs 2/litre, while the additional excise duty on petrol has been withdrawn. Also Read| Vedanta share rises over 5% on second interim dividend, cut in windfall gains tax,Oil India rose 8% to Rs 201.80, Chennai Petroleum Corporation (CPCL) increased 11% to Rs 296.40, and Oil and Natural Gas Corporation (ONGC) increased 7% to Rs 136.40. Also Read| Sensex surges 755 points while Nifty around 16,565 in early trade,On the BSE in early trade today, Mangalore Refinery \u0026 Petrochemicals (MRPL) remained locked in the 5% upper circuit at Rs 76.30, Gail (India) jumped 5% to Rs 147.30, and Reliance Industries gained 4% to Rs 2,545,At 11:38 a.m. the S\u0026P BSE Sensex was up 1.37% at 55,518.60 points. Also Read| Fuel price July 19, 2022: Petrol Rs 105.31, diesel Rs 94.27 in Mumbai,Most oil and gas equities had fallen by far to 45% from their 52-week highs in June when the government levied a windfall tax and increased excise duty on diesel, petrol, and ATF exports. Also Read| Stocks that should be on your watchlist on Wednesday, July 20, 2022,Post some moderation in product cracks in July, the government has reduced excise duty on fuel exports. This will benefit the refining companies. The new changes in excise duty will come into effect from July 20. Windfall tax has been reduced from ~US$ 40/bbl to ~US$ 29/bbl taking into account the recent trend in global oil prices. Reduction in windfall tax augurs well for oil producing companies, ICICI Securities said. Also Read| Trending Stocks: HUL, Ambuja Cements, Vedanta and others in news today,“While in absolute terms, the windfall taxes are still high, we believe steady normalisation in local fuel availability (a key energy security concern for the government), stability in oil prices, more normalised global fuel margins and currency stability will help further reduction in windfall taxes under the fortnightly review,” said analysts at Morgan Stanley.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"India,Chennai Petroleum Corporation,Oil and Natural Gas Corporation,Mangalore Refinery Petrochemicals,Reliance Industries,ICICI Securities,Morgan Stanley","originalPublishedOn":"2022-07-20T11:48:46+05:30"}},{"node":{"id":"7RrFDmrA9SJX","slug":"english/fuel-price-july-19-2022-petrol-rs-10531-diesel-rs-9427-in-mumbai-1","slugV2":"business/fuel-price-july-19-2022-petrol-rs-10531-diesel-rs-9427-in-mumbai-705301/","title":"Fuel price July 19, 2022: Petrol Rs 105.31, diesel Rs 94.27 in Mumbai","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-20T09:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMaharashtra CM announced a reduction in VAT of Rs 5 per litre on petrol and Rs 3 per litre on diesel\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 105.31 in Mumbai, while diesel costs Rs 94.27\u003c/li\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658281039390,\\\"strCount\\\":4110,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003ePetrol\u003c/a\u003e and diesel prices remained unchanged on Wednesday, July 20.\u0026nbsp; \u003ca href=\\\\\\\"https://opoyi.com/india/eknath-shinde-family-children-education-political-journey-and-more-683610/\\\\\\\"\u003eMaharashtra Chief Minister Eknath Shinde\u003c/a\u003e announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel last week.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rupee-hits-all-time-low-of-80-why-is-it-falling-704868/\\\\\\\"\u003eRupee hits all-time low of 80; why is it falling?\u003c/a\u003e\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/cm/\\\\\\\"\u003eCM\u003c/a\u003e made the announcement after a state \u003ca href=\\\\\\\"https://opoyi.com/topics/cabinet/\\\\\\\"\u003eCabinet\u003c/a\u003e meeting at Mantralaya on July 14. The decision was welcomed as a \\\\\\\"great relief to Maharashtrian and Marathi Manus\\\\\\\" by Deputy Chief Minister Devendra Fadnavis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/heres-what-depreciating-rupee-mean-for-stock-markets-701879/\\\\\\\"\u003eHere's what depreciating rupee means for stock markets\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a \\\\\\\"welcome decision.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, fuel rates have decreased significantly after \u003ca href=\\\\\\\"https://opoyi.com/topics/finance/\\\\\\\"\u003eFinance\u003c/a\u003e Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/india/how-inflation-affects-rbis-interest-rate-policy-329823/\\\\\\\"\u003eHow inflation affects RBI’s interest rate policy\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 105.31 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 94.27.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in \u003c/a\u003e\u003ca href=\\\\\\\"https://opoyi.com/topics/american/\\\\\\\"\u003eAmerican\u003c/a\u003e history\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-to-survive-a-market-crash-694936/\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/explained-why-has-rbi-allowed-international-trade-settlement-in-rupee-699199/\\\\\\\"\u003eExplained: Why has RBI allowed international trade settlement in Rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/world/explained-changes-in-repo-rates-and-their-impact-on-stock-market-340419/\\\\\\\"\u003eExplained: Changes in repo rates and their impact on stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"EknathShinde","slug":"eknathshinde","id":"80xlP96nzpMb","isSection":0},{"name":"CM","slug":"cm","id":"LrdAPUIgzjOR","isSection":0},{"name":"Cabinet","slug":"cabinet","id":"KRS5VI2FT4gc","isSection":0},{"name":"DevendraFadnavis","slug":"devendrafadnavis","id":"cSMdkamOYPEV","isSection":0},{"name":"NarendraModi","slug":"narendramodi","id":"2Mx5OKBUbZfx","isSection":0},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Covid","slug":"covid","id":"jtkufHpdTfkm","isSection":0},{"name":"American","slug":"american","id":"NZFYoh1gkc1s","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-20T09:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Petrol and diesel prices remained unchanged on Wednesday, July 20. Maharashtra Chief Minister Eknath Shinde announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel last week. Also Read| Rupee hits all-time low of 80; why is it falling?,The CM made the announcement after a state Cabinet meeting at Mantralaya on July 14. The decision was welcomed as a great relief to Maharashtrian and Marathi Manus by Deputy Chief Minister Devendra Fadnavis. Also Read| Here's what depreciating rupee means for stock markets,He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a welcome decision. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| How inflation affects RBI’s interest rate policy,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 105.31 in Mumbai, while diesel costs Rs 94.27. ,Also Read| Great Depression to COVID: Top 5 market crashes in American history,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| How to survive a market crash,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Explained: Why has RBI allowed international trade settlement in Rupee,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Explained: Changes in repo rates and their impact on stock market,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"petrol price today, diesel price today, fuel price in mumbai, fuel price in Delhi, petrol hike, diesel hike","originalPublishedOn":"2022-07-20T09:00:00+05:30"}},{"node":{"id":"0CeEsBrKOQdj","slug":"english/fuel-price-july-19-2022-petrol-rs-10531-diesel-rs-9427-in-mumbai","slugV2":"business/fuel-price-july-19-2022-petrol-rs-10531-diesel-rs-9427-in-mumbai-704464/","title":"Fuel price July 19, 2022: Petrol Rs 105.31, diesel Rs 94.27 in Mumbai","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-19T09:15:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMaharashtra CM announced a reduction in VAT of Rs 5 per litre on petrol and Rs 3 per litre on diesel\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 105.31 in Mumbai, while diesel costs Rs 94.27\u003c/li\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658196655303,\\\"strCount\\\":4081,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003ePetrol\u003c/a\u003e and diesel prices remained unchanged on Tuesday, July 19.\u0026nbsp; \u003ca href=\\\\\\\"https://opoyi.com/india/eknath-shinde-family-children-education-political-journey-and-more-683610/\\\\\\\"\u003eMaharashtra Chief Minister Eknath Shinde\u003c/a\u003e announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel last week.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/china-extends-loans-for-developers-to-end-mortgage-boycott-704009/\\\\\\\"\u003eChina extends loans for developers to end mortgage boycott\u003c/a\u003e\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/cm/\\\\\\\"\u003eCM\u003c/a\u003e made the announcement after a state \u003ca href=\\\\\\\"https://opoyi.com/topics/cabinet/\\\\\\\"\u003eCabinet\u003c/a\u003e meeting at Mantralaya on July 14. The decision was welcomed as a \\\\\\\"great relief to Maharashtrian and Marathi Manus\\\\\\\" by Deputy Chief Minister Devendra Fadnavis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/heres-what-depreciating-rupee-mean-for-stock-markets-701879/\\\\\\\"\u003eHere's what depreciating rupee means for stock markets\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a \\\\\\\"welcome decision.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, fuel rates have decreased significantly after \u003ca href=\\\\\\\"https://opoyi.com/topics/finance/\\\\\\\"\u003eFinance\u003c/a\u003e Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/india/how-inflation-affects-rbis-interest-rate-policy-329823/\\\\\\\"\u003eHow inflation affects RBI’s interest rate policy\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 105.31 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 94.27.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/how-to-survive-a-market-crash-694936/\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/explained-why-has-rbi-allowed-international-trade-settlement-in-rupee-699199/\\\\\\\"\u003eExplained: Why has RBI allowed international trade settlement in Rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/world/explained-changes-in-repo-rates-and-their-impact-on-stock-market-340419/\\\\\\\"\u003eExplained: Changes in repo rates and their impact on stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-19T09:15:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Petrol and diesel prices remained unchanged on Tuesday, July 19. Maharashtra Chief Minister Eknath Shinde announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel last week. Also Read| China extends loans for developers to end mortgage boycott,The CM made the announcement after a state Cabinet meeting at Mantralaya on July 14. The decision was welcomed as a great relief to Maharashtrian and Marathi Manus by Deputy Chief Minister Devendra Fadnavis. Also Read| Here's what depreciating rupee means for stock markets,He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a welcome decision. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| How inflation affects RBI’s interest rate policy,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 105.31 in Mumbai, while diesel costs Rs 94.27. ,Also Read| Great Depression to COVID: Top 5 market crashes in American history,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| How to survive a market crash,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Explained: Why has RBI allowed international trade settlement in Rupee,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Explained: Changes in repo rates and their impact on stock market,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Petrol,Maharashtra,VAT,Eknath Shinde,CM,Cabinet,Mantralaya,Devendra Fadnavis,Narendra Modi,Petroleum and Natural Gas,Singh Puri,Finance,Nirmala Sitharaman,Delhi,Mumbai,petrol price today, diesel price today, fuel price in mumbai, fuel price in Delhi, petr","originalPublishedOn":"2022-07-19T09:15:00+05:30"}},{"node":{"id":"HFb62GtFZH8Q","slug":"english/fuel-price-july-18-2022-petrol-rs-10531-diesel-rs-9427-in-mumbai","slugV2":"business/fuel-price-july-18-2022-petrol-rs-10531-diesel-rs-9427-in-mumbai-703686/","title":"Fuel price July 18, 2022: Petrol Rs 105.31, diesel Rs 94.27 in Mumbai","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-18T10:09:47+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMaharashtra CM announced a reduction in VAT of Rs 5 per litre on petrol and Rs 3 per litre on diesel\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 105.31 in Mumbai, while diesel costs Rs 94.27\u003c/li\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658119186201,\\\"strCount\\\":4164,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003ePetrol\u003c/a\u003e and diesel prices remained unchanged on Monday, July 18.\u0026nbsp;\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/eknath-shinde-family-children-education-political-journey-and-more-683610/\\\\\\\"\u003eMaharashtra Chief Minister Eknath Shinde\u003c/a\u003e announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel last week.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/gst-rate-hike-list-of-items-that-will-become-more-expensive-from-july-18-701781/\\\\\\\"\u003eGST rate hike: List of items that will become more expensive from July 18\u003c/a\u003e\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/cm/\\\\\\\"\u003eCM\u003c/a\u003e made the announcement after a state \u003ca href=\\\\\\\"https://opoyi.com/topics/cabinet/\\\\\\\"\u003eCabinet\u003c/a\u003e meeting at Mantralaya on July 14. The decision was welcomed as a \\\\\\\"great relief to Maharashtrian and Marathi Manus\\\\\\\" by Deputy Chief Minister Devendra Fadnavis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/heres-what-depreciating-rupee-mean-for-stock-markets-701879/\\\\\\\"\u003eHere's what depreciating rupee means for stock markets\u003c/a\u003e\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a \\\\\\\"welcome decision.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, fuel rates have decreased significantly after \u003ca href=\\\\\\\"https://opoyi.com/topics/finance/\\\\\\\"\u003eFinance\u003c/a\u003e Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/how-inflation-affects-rbis-interest-rate-policy-329823/\\\\\\\"\u003eHow inflation affects RBI’s interest rate policy\u003c/a\u003e\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 105.31 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 94.27.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-to-survive-a-market-crash-694936/\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read| \u003ca href=\\\\\\\"https://opoyi.com/business/explained-why-has-rbi-allowed-international-trade-settlement-in-rupee-699199/\\\\\\\"\u003eExplained: Why has RBI allowed international trade settlement in Rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/explained-changes-in-repo-rates-and-their-impact-on-stock-market-340419/\\\\\\\"\u003eExplained: Changes in repo rates and their impact on stock market\u003c/a\u003e\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"EknathShinde","slug":"eknathshinde","id":"80xlP96nzpMb","isSection":0},{"name":"CM","slug":"cm","id":"LrdAPUIgzjOR","isSection":0},{"name":"Cabinet","slug":"cabinet","id":"KRS5VI2FT4gc","isSection":0},{"name":"DevendraFadnavis","slug":"devendrafadnavis","id":"cSMdkamOYPEV","isSection":0},{"name":"NarendraModi","slug":"narendramodi","id":"2Mx5OKBUbZfx","isSection":0},{"name":"Bhartiairtel","slug":"bhartiairtel","id":"YOuNxy4DtOwC","isSection":0},{"name":"Acc","slug":"acc","id":"Z9kBYAcPAedF","isSection":0},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-18T10:09:45+05:30","publisher":0,"sourceFeed":null,"cleanText":"Petrol and diesel prices remained unchanged on Monday, July 18. Maharashtra Chief Minister Eknath Shinde announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel last week. Also Read| GST rate hike: List of items that will become more expensive from July 18,The CM made the announcement after a state Cabinet meeting at Mantralaya on July 14. The decision was welcomed as a great relief to Maharashtrian and Marathi Manus by Deputy Chief Minister Devendra Fadnavis. Also Read| Here's what depreciating rupee means for stock markets,He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a welcome decision. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| How inflation affects RBI’s interest rate policy,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 105.31 in Mumbai, while diesel costs Rs 94.27. ,Also Read| Great Depression to COVID: Top 5 market crashes in American history,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| How to survive a market crash,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Explained: Why has RBI allowed international trade settlement in Rupee,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Explained: Changes in repo rates and their impact on stock market,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Petrol,Eknath Shinde,US Fed,CM,Cabinet,Mantralaya,Devendra Fadnavis,Narendra Modi,Petroleum and Natural Gas,Singh Puri,Also Read| Trending Stocks:,Bharti Airtel,Torrent Power,ACC","originalPublishedOn":"2022-07-18T10:09:45+05:30"}},{"node":{"id":"M7EXE9IGNDlm","slug":"english/fuel-price-july-15-2022-petrol-rs-10531-diesel-rs-9427-in-mumbai","slugV2":"business/fuel-price-july-15-2022-petrol-rs-10531-diesel-rs-9427-in-mumbai-701516/","title":"Fuel price July 15, 2022: Petrol Rs 105.31, diesel Rs 94.27 in Mumbai","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-15T09:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMaharashtra CM announced a reduction in VAT of Rs 5 per litre on petrol and Rs 3 per litre on diesel\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 105.31 in Mumbai, while diesel costs Rs 94.27\u003c/li\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657854867144,\\\"strCount\\\":4134,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol and diesel prices remained unchanged on July 15, with the exception of Mumbai, where \u003ca href=\\\\\\\"https://opoyi.com/india/eknath-shinde-family-children-education-political-journey-and-more-683610/\\\\\\\"\u003eMaharashtra Chief Minister Eknath Shinde\u003c/a\u003e announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel, according to the most recent price notification issued by fuel retailers.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/oil-prices-surge-ahead-of-expected-us-fed-interest-rate-hike-701692/\\\\\\\"\u003eOil prices surge ahead of expected US Fed interest rate hike\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The CM made the announcement after a state Cabinet meeting at Mantralaya on July 14. The decision was welcomed as a \\\\\\\"great relief to Maharashtrian and Marathi Manus\\\\\\\" by Deputy Chief Minister Devendra Fadnavis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/stocks-that-should-be-on-your-watchlist-on-friday-july-15-2022-701664/\\\\\\\"\u003eStocks that should be on your watchlist on Friday, July 15, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a \\\\\\\"welcome decision.\\\\\\\"\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-bharti-airtel-torrent-power-acc-and-others-in-news-today-701660/\\\\\\\"\u003eTrending Stocks: Bharti Airtel, Torrent Power, ACC and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/indias-wpi-inflation-eases-to-1518-in-june-from-record-high-of-1588-in-may-700982/\\\\\\\"\u003eIndia’s WPI inflation eases to 15.18% in June from record high of 15.88% in May\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 105.31 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 94.27.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/retail-inflation-drops-marginally-to-701-percent-in-june-699528/\\\\\\\"\u003eRetail inflation drops marginally to 7.01% in June\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-hit-91-in-june-highest-in-40-years-700349/\\\\\\\"\u003eUS inflation hits 9.1% in June, highest in 40 years\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/explained-why-has-rbi-allowed-international-trade-settlement-in-rupee-699199/\\\\\\\"\u003eExplained: Why has RBI allowed international trade settlement in Rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":{"name":"India"},"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"EknathShinde","slug":"eknathshinde","id":"80xlP96nzpMb","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-15T09:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Petrol and diesel prices remained unchanged on July 15, with the exception of Mumbai, where Maharashtra Chief Minister Eknath Shinde announced a reduction in value-added tax (VAT) of Rs 5 per litre on petrol and Rs 3 per litre on diesel, according to the most recent price notification issued by fuel retailers. Also Read| Oil prices surge ahead of expected US Fed interest rate hike,The CM made the announcement after a state Cabinet meeting at Mantralaya on July 14. The decision was welcomed as a great relief to Maharashtrian and Marathi Manus by Deputy Chief Minister Devendra Fadnavis. Also Read| Stocks that should be on your watchlist on Friday, July 15, 2022,He stated that the move follows Prime Minister Narendra Modi's appeal for the common masses' welfare. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri also chimed in, calling the action a welcome decision. Also Read| Trending Stocks: Bharti Airtel, Torrent Power, ACC and others in news today,However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| India’s WPI inflation eases to 15.18% in June from record high of 15.88% in May,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in VAT, one litre of petrol costs Rs 105.31 in Mumbai, while diesel costs Rs 94.27. ,Also Read| Retail inflation drops marginally to 7.01% in June,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| US inflation hits 9.1% in June, highest in 40 years,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Explained: Why has RBI allowed international trade settlement in Rupee,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"20.5937","longitude":"78.9629","name":"India","city":"Wardha"},"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai, fu","originalPublishedOn":"2022-07-15T09:00:00+05:30"}},{"node":{"id":"lWsXwzTnoviM","slug":"english/fuel-price-july-14-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-july-14-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-700674/","title":"Fuel price July 14, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-14T12:51:23+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657783282557,\\\"strCount\\\":2817,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Thursday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-hit-91-in-june-highest-in-40-years-700349/\\\\\\\"\u003eUS inflation hits 9.1% in June, highest in 40 years\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/english/why-us-inflation-is-going-up-and-when-will-it-come-down\\\\\\\"\u003eWhy US inflation is going up and when will it come down\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/retail-inflation-drops-marginally-to-701-percent-in-june-699528/\\\\\\\"\u003eRetail inflation drops marginally to 7.01% in June\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-14T12:51:22+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Thursday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| US inflation hits 9.1% in June, highest in 40 years,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Why US inflation is going up and when will it come down,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Retail inflation drops marginally to 7.01% in June,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Great Depression to COVID: Top 5 market crashes in American history,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai, fu","originalPublishedOn":"2022-07-14T12:51:22+05:30"}},{"node":{"id":"ppRounCTEfnp","slug":"english/fuel-price-july-13-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-july-13-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-699761/","title":"Fuel price July 13, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-13T09:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657679058706,\\\"strCount\\\":2895,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Wednesday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/retail-inflation-drops-marginally-to-701-percent-in-june-699528/\\\\\\\"\u003eRetail inflation drops marginally to 7.01% in June\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/explained-why-has-rbi-allowed-international-trade-settlement-in-rupee-699199/\\\\\\\"\u003eExplained: Why has RBI allowed international trade settlement in Rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/for-the-first-time-in-20-years-the-us-dollar-and-the-euro-are-at-parity-699396/\\\\\\\"\u003eFor the first time in 20 years, the US dollar and the euro are at parity\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/indian-rupee-hits-all-time-low-on-stronger-dollar-recession-worries-698468/\\\\\\\"\u003eIndian rupee hits all-time low on stronger dollar, recession worries\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively. \\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-13T09:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Wednesday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| Retail inflation drops marginally to 7.01% in June,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Explained: Why has RBI allowed international trade settlement in Rupee,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| For the first time in 20 years, the US dollar and the euro are at parity,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Indian rupee hits all-time low on stronger dollar, recession worries,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai, fu","originalPublishedOn":"2022-07-13T09:00:00+05:30"}},{"node":{"id":"31zCUEf3RElk","slug":"english/fuel-price-july-12-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-july-12-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-698939/","title":"Fuel price July 12, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-12T09:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657594887566,\\\"strCount\\\":2889,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Tuesday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/harshad-mehta-scam-how-big-bull-shook-the-indian-stock-market-695774/\\\\\\\"\u003eHarshad Mehta scam: How Big Bull shook the Indian stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/week-ahead-quarterly-results-crude-price-to-weigh-on-sensex-nifty-698101/\\\\\\\"\u003eWeek ahead: Quarterly results, crude price to weigh on Sensex, Nifty\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/week-in-review-sensex-nifty-surge-as-crude-prices-fall-below-100-698066/\\\\\\\"\u003eWeek in review: Sensex, Nifty surge as crude prices fall below $100\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"indian","slug":"indian","id":"YTJpdaKq5t2z","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Covid","slug":"covid","id":"jtkufHpdTfkm","isSection":0},{"name":"American","slug":"american","id":"NZFYoh1gkc1s","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Health","slug":"health","id":"2pSwu97y4loa","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-12T09:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Tuesday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Harshad Mehta scam: How Big Bull shook the Indian stock market,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| Great Depression to COVID: Top 5 market crashes in American history,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Week ahead: Quarterly results, crude price to weigh on Sensex, Nifty,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Week in review: Sensex, Nifty surge as crude prices fall below $100,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Indian,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,COVID,American,the Central Government's,Rajasthan,Maharashtra","originalPublishedOn":"2022-07-12T09:00:00+05:30"}},{"node":{"id":"enERet7P0juB","slug":"english/fuel-price-july-11-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-july-11-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-698137/","title":"Fuel price July 11, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-11T09:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657509767087,\\\"strCount\\\":2799,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Monday. However, fuel rates had decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/english/what-to-do-if-restaurants-and-hotels-continue-to-levy-a-service-charge\\\\\\\"\u003eWhat to do if restaurants and hotels continue to levy a service charge\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/what-is-abenomics-696695/\\\\\\\"\u003eWhat is Abenomics?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/harshad-mehta-scam-how-big-bull-shook-the-indian-stock-market-695774/\\\\\\\"\u003eHarshad Mehta scam: How Big Bull shook the Indian stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively. \\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-11T09:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Monday. However, fuel rates had decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| What to do if restaurants and hotels continue to levy a service charge,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| What is Abenomics?,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Harshad Mehta scam: How Big Bull shook the Indian stock market,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Great Depression to COVID: Top 5 market crashes in American history,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai, fu","originalPublishedOn":"2022-07-11T09:00:00+05:30"}},{"node":{"id":"8sP1nW2F2nmd","slug":"english/fuel-price-july-8-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-july-8-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-696331/","title":"Fuel price July 8, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-08T10:07:30+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657255050088,\\\"strCount\\\":2862,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Friday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/harshad-mehta-scam-how-big-bull-shook-the-indian-stock-market-695774/\\\\\\\"\u003eHarshad Mehta scam: How Big Bull shook the Indian stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/harshad-mehtas-wife-jyoti-presents-his-side-of-story-on-new-website-says-family-victim-of-tax-terrorism-695709/\\\\\\\"\u003eHarshad Mehta's wife Jyoti brings Big Bull's side of story to light\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-to-survive-a-market-crash-694936/\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\u0026nbsp;\u0026nbsp;\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-08T10:07:29+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Friday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| Harshad Mehta scam: How Big Bull shook the Indian stock market,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Harshad Mehta's wife Jyoti brings Big Bull's side of story to light,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| How to survive a market crash,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Great Depression to COVID: Top 5 market crashes in American history,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai, fu","originalPublishedOn":"2022-07-08T10:07:29+05:30"}},{"node":{"id":"lhk4tfF5OmiP","slug":"english/fuel-price-july-7-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-july-7-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-695285/","title":"Fuel price July 7, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-07T09:25:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657160951066,\\\"strCount\\\":2857,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Thursday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-to-survive-a-market-crash-694936/\\\\\\\"\u003eHow To Survive A Market Crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/ed-summons-coindcx-coinswitch-kuber-to-probe-fema-violations-report-694815/\\\\\\\"\u003eED summons CoinDCX, Coinswitch Kuber to probe FEMA violations: report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/united-states-on-brink-of-recession-say-analysts-white-house-still-hopeful-693941/\\\\\\\"\u003eUnited States on brink of recession, say analysts; White House still hopeful\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\u0026nbsp;\u0026nbsp;\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Kerala","slug":"kerala","id":"Ybiv7NPerJua","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-07T09:25:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Thursday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| How To Survive A Market Crash,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Great Depression to COVID: Top 5 market crashes in American history,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| ED summons CoinDCX, Coinswitch Kuber to probe FEMA violations: report,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| United States on brink of recession, say analysts; White House still hopeful,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Kerala,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mum","originalPublishedOn":"2022-07-07T09:25:00+05:30"}},{"node":{"id":"TP3fwZAi1mhn","slug":"english/fuel-price-july-6-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-july-6-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-694602/","title":"Fuel price July 6, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-06T10:49:56+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657084796677,\\\"strCount\\\":2693,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Wednesday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/united-states-on-brink-of-recession-say-analysts-white-house-still-hopeful-693941/\\\\\\\"\u003eUnited States on brink of recession, say analysts; White House still hopeful\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/explained-why-are-tech-companies-laying-off-thousands-of-employees-693197/\\\\\\\"\u003eExplained: Why are tech companies laying off thousands of employees\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-bitcoin-price-and-inflation-are-co-related-385362/\\\\\\\"\u003eHow Bitcoin price and inflation are co-related\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively. \\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-06T10:49:55+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Wednesday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Also Read| United States on brink of recession, say analysts; White House still hopeful,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| Explained: Why are tech companies laying off thousands of employees,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| How Bitcoin price and inflation are co-related,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra","originalPublishedOn":"2022-07-06T10:49:55+05:30"}},{"node":{"id":"ck7ODsFgYzBs","slug":"english/fuel-price-july-5-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-july-5-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-693797/","title":"Fuel price July 5, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-05T09:08:04+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656992282655,\\\"strCount\\\":2905,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Tuesday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/poor-nations-pricey-mess-why-zimbabwe-hiked-interest-rate-by-200-688763/\\\\\\\"\u003ePoor nation's pricey mess: Why Zimbabwe hiked interest rate by 200%\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/impact-of-us-feds-biggest-rate-hike-since-1994-on-india-680094/\\\\\\\"\u003eImpact of US Feds' biggest rate hike since 1994 on India\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/week-ahead-crude-price-rupee-movement-to-weigh-on-sensex-nifty-693063/\\\\\\\"\u003eWeek ahead: Crude price, rupee movement to weigh on Sensex, Nifty\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/week-in-review-equity-benchmarks-rise-amid-positive-cues-from-global-markets-693034/\\\\\\\"\u003eWeek in review: Equity benchmarks rise amid positive cues from global markets\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\u0026nbsp;\u0026nbsp;\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-05T09:08:03+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Tuesday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Poor nation's pricey mess: Why Zimbabwe hiked interest rate by 200%,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| Impact of US Feds' biggest rate hike since 1994 on India,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Week ahead: Crude price, rupee movement to weigh on Sensex, Nifty,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Week in review: Equity benchmarks rise amid positive cues from global markets,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai","originalPublishedOn":"2022-07-05T09:08:03+05:30"}},{"node":{"id":"KBq3kqeNxROl","slug":"english/fuel-price-july-4-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-july-4-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-693077/","title":"Fuel price July 4, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-04T09:40:01+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656902590527,\\\"strCount\\\":2873,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Monday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/new-labour-codes-all-you-need-to-know-691787/\\\\\\\"\u003eNew labour codes: All you need to know\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/russia-approves-tax-exemptions-for-issuers-of-digital-assets-cryptocurrency-690632/\\\\\\\"\u003eRussia approves tax exemptions for issuers of digital assets, cryptocurrency\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/poor-nations-pricey-mess-why-zimbabwe-hiked-interest-rate-by-200-688763/\\\\\\\"\u003ePoor nation's pricey mess: Why Zimbabwe hiked interest rate by 200%\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/inflation-gun-violence-sinks-bidens-approval-rating-to-record-low-report-685905/\\\\\\\"\u003eInflation, gun violence sinks Biden's approval rating to record low: Report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/impact-of-us-feds-biggest-rate-hike-since-1994-on-india-680094/\\\\\\\"\u003eImpact of US Feds' biggest rate hike since 1994 on India\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively. \\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Kerala","slug":"kerala","id":"Ybiv7NPerJua","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-04T09:40:01+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Monday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Also Read| New labour codes: All you need to know,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Russia approves tax exemptions for issuers of digital assets, cryptocurrency,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| Poor nation's pricey mess: Why Zimbabwe hiked interest rate by 200%,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Inflation, gun violence sinks Biden's approval rating to record low: Report,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Impact of US Feds' biggest rate hike since 1994 on India,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Kerala,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mum","originalPublishedOn":"2022-07-04T09:40:00+05:30"}},{"node":{"id":"RnuUOL8ccU9E","slug":"english/lpg-cylinder-price-cut-19-kg-commercial-cylinder-becomes-less-expensive","slugV2":"business/lpg-cylinder-price-cut-19-kg-commercial-cylinder-becomes-less-expensive-691286/","title":"LPG cylinder price cut: 19-Kg commercial cylinder becomes less expensive","postType":1,"coverMedia":"/opoyi_9_PX9t__p.jpg","coverCaption":"The price of a 14.2-kg household cylinder has not decreased. (Photo credit: Representational/ PTI)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-01T12:05:09+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe price of a 19 Kg LPG cylinder in Delhi has been reduced by Rs 198\u003c/li\u003e\n \u003cli\u003eThe government levied an export tax on petrol, diesel, and jet fuel (ATF)\u003c/li\u003e\n \u003cli\u003eThe government increased gold import duty to 15% from 10.75%\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656657308937,\\\"strCount\\\":2942,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The cost of a 19-kg \u003ca href=\\\\\\\"https://opoyi.com/topics/lpg/\\\\\\\"\u003eLPG\u003c/a\u003e cylinder in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e has been reduced by Rs 198, state-owned retailers said in a statement.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In \u003ca href=\\\\\\\"https://opoyi.com/topics/kolkata/\\\\\\\"\u003eKolkata\u003c/a\u003e, the price of an LPG cylinder has dropped by Rs 182. However, it has fallen by Rs 190.50 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e and Rs 187 in \u003ca href=\\\\\\\"https://opoyi.com/topics/chennai/\\\\\\\"\u003eChennai\u003c/a\u003e. The price of commercial cylinders has also been cut by \u003ca href=\\\\\\\"https://opoyi.com/topics/indian/\\\\\\\"\u003eIndian\u003c/a\u003e Oil. Domestic LPG cylinder customers have gotten no relief. The price of a 14.2-kg household cylinder has not decreased. It is still available at the same price as on May 19.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/sensex-dips-400-points-while-nifty-around-15650-in-early-trade-691267/\\\\\\\"\u003eSensex dips 400 points while Nifty around 15,650 in early trade\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"This follows a rate reduction in commercial cylinder costs last month. Previously, the price was reduced by Rs 135 with effect from June 1.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/crypto-tax-all-you-need-to-know-about-1-percent-tds-that-will-be-charged-from-july-690471/\\\\\\\"\u003eCrypto tax: All you need to know about 1% TDS that will be charged from July 1\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Last month, the price of a household LPG cylinder in Delhi was raised to Rs 1,003, the second straight rise in one month. Rising crude oil prices internationally forced state-owned fuel merchants to raise LPG prices.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/fuel-price-july-1-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-691059/\\\\\\\"\u003eFuel price July 1, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Meanwhile, the government levied an export tax on petrol, diesel, and jet fuel (ATF) supplied internationally by corporations like Reliance Industries Ltd, as well as a windfall tax on crude oil produced locally by ONGC and Vedanta Ltd.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-hindustan-unilever-upl-lupin-and-others-in-news-today-691133/\\\\\\\"\u003eTrending Stocks: Hindustan Unilever, UPL, Lupin and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to finance ministry announcements, the government levied a Rs 6 per litre tax on the export of petrol and ATF and a Rs 13 per litre tax on the export of diesel. It also imposed an extra tax of Rs 23,250 per tonne on locally produced crude oil.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/russia-approves-tax-exemptions-for-issuers-of-digital-assets-cryptocurrency-690632/\\\\\\\"\u003eRussia approves tax exemptions for issuers of digital assets, cryptocurrency\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"To address the current account deficit (CAD) and surging gold imports, the government increased gold import duty to 15% from 10.75%. Previously, the standard customs charge on gold was 7.5%; henceforth, it will be 12.5%. The effective gold customs duty will be 15%, plus a 2.5% agriculture infrastructure development cess (AIDC), according to PTI.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"LPG","slug":"lpg","id":"tWLHEaqXxmbz","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Goldprice","slug":"goldprice","id":"OctVx3EzZ2dS","isSection":0},{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"gold","slug":"gold","id":"wsF5Ohik63VD","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Kolkata","slug":"kolkata","id":"7ZYgoGLGBQnQ","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Chennai","slug":"chennai","id":"xIzQR2Q7rs9e","isSection":0},{"name":"indian","slug":"indian","id":"YTJpdaKq5t2z","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-01T12:05:08+05:30","publisher":0,"sourceFeed":null,"cleanText":"The cost of a 19-kg LPG cylinder in Delhi has been reduced by Rs 198, state-owned retailers said in a statement. In Kolkata, the price of an LPG cylinder has dropped by Rs 182. However, it has fallen by Rs 190.50 in Mumbai and Rs 187 in Chennai. The price of commercial cylinders has also been cut by Indian Oil. Domestic LPG cylinder customers have gotten no relief. The price of a 14.2-kg household cylinder has not decreased. It is still available at the same price as on May 19. Also Read| Sensex dips 400 points while Nifty around 15,650 in early trade,This follows a rate reduction in commercial cylinder costs last month. Previously, the price was reduced by Rs 135 with effect from June 1. Also Read| Crypto tax: All you need to know about 1% TDS that will be charged from July 1,Last month, the price of a household LPG cylinder in Delhi was raised to Rs 1,003, the second straight rise in one month. Rising crude oil prices internationally forced state-owned fuel merchants to raise LPG prices. Also Read| Fuel price July 1, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi,Meanwhile, the government levied an export tax on petrol, diesel, and jet fuel (ATF) supplied internationally by corporations like Reliance Industries Ltd, as well as a windfall tax on crude oil produced locally by ONGC and Vedanta Ltd. Also Read| Trending Stocks: Hindustan Unilever, UPL, Lupin and others in news today,According to finance ministry announcements, the government levied a Rs 6 per litre tax on the export of petrol and ATF and a Rs 13 per litre tax on the export of diesel. It also imposed an extra tax of Rs 23,250 per tonne on locally produced crude oil. Also Read| Russia approves tax exemptions for issuers of digital assets, cryptocurrency,To address the current account deficit (CAD) and surging gold imports, the government increased gold import duty to 15% from 10.75%. Previously, the standard customs charge on gold was 7.5%; henceforth, it will be 12.5%. The effective gold customs duty will be 15%, plus a 2.5% agriculture infrastructure development cess (AIDC), according to PTI.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"LPG,Delhi,Kolkata,Mumbai,Chennai,Indian,Reliance Industries Ltd","originalPublishedOn":"2022-07-01T12:05:08+05:30"}},{"node":{"id":"U37ECB6EEsJa","slug":"english/fuel-price-july-1-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-july-1-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-691059/","title":"Fuel price July 1, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-01T07:52:04+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656642124582,\\\"strCount\\\":2968,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Friday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/russia-approves-tax-exemptions-for-issuers-of-digital-assets-cryptocurrency-690632/\\\\\\\"\u003eRussia approves tax exemptions for issuers of digital assets, cryptocurrency\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/crypto-tax-all-you-need-to-know-about-1-percent-tds-that-will-be-charged-from-july-690471/\\\\\\\"\u003eCrypto tax: All you need to know about 1% TDS that will be charged from July 1\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/coca-cola-loses-bid-to-revoke-indian-soft-drink-trademarks-in-us-690429/\\\\\\\"\u003eCoca-Cola loses bid to revoke Indian soft drink trademarks in US\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/pallonji-mistry-all-you-need-to-know-about-the-phantom-of-bombay-house-689997/\\\\\\\"\u003ePallonji Mistry: All you need to know about the 'phantom of Bombay house'\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/poor-nations-pricey-mess-why-zimbabwe-hiked-interest-rate-by-200-688763/\\\\\\\"\u003ePoor nation's pricey mess: Why Zimbabwe hiked interest rate by 200%\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-01T07:52:04+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Friday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre in May. ,Also Read| Russia approves tax exemptions for issuers of digital assets, cryptocurrency,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Crypto tax: All you need to know about 1% TDS that will be charged from July 1,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| Coca-Cola loses bid to revoke Indian soft drink trademarks in US,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Pallonji Mistry: All you need to know about the 'phantom of Bombay house',Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Poor nation's pricey mess: Why Zimbabwe hiked interest rate by 200%,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai, fu","originalPublishedOn":"2022-07-01T07:52:04+05:30"}},{"node":{"id":"wywIL1VQxGTu","slug":"english/fuel-price-june-30-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-june-30-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-690191/","title":"Fuel price June 30, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-30T09:51:12+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656562871324,\\\"strCount\\\":2952,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Thursday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/pallonji-mistry-all-you-need-to-know-about-the-phantom-of-bombay-house-689997/\\\\\\\"\u003ePallonji Mistry: All you need to know about the 'phantom of Bombay house'\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/mukesh-ambanis-daughter-isha-to-be-named-chair-of-reliance-retail-report-690111/\\\\\\\"\u003eMukesh Ambani's daughter Isha to be named chair of Reliance Retail: Report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/bed-bath-beyond-ceo-mark-tritton-out-to-be-replaced-by-sue-gove-on-interim-basis-689970/\\\\\\\"\u003eBed Bath \u0026amp; Beyond CEO Mark Tritton out, to be replaced by Sue Gove on interim basis\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/poor-nations-pricey-mess-why-zimbabwe-hiked-interest-rate-by-200-688763/\\\\\\\"\u003ePoor nation's pricey mess: Why Zimbabwe hiked interest rate by 200%\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/impact-of-us-feds-biggest-rate-hike-since-1994-on-india-680094/\\\\\\\"\u003eImpact of US Feds' biggest rate hike since 1994 on India\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively. \\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Kerala","slug":"kerala","id":"Ybiv7NPerJua","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-30T09:51:11+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Thursday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Also Read| Pallonji Mistry: All you need to know about the 'phantom of Bombay house',Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Mukesh Ambani's daughter Isha to be named chair of Reliance Retail: Report,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| Bed Bath \u0026 Beyond CEO Mark Tritton out, to be replaced by Sue Gove on interim basis,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Poor nation's pricey mess: Why Zimbabwe hiked interest rate by 200%,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Impact of US Feds' biggest rate hike since 1994 on India,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Kerala,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mum","originalPublishedOn":"2022-06-30T09:51:11+05:30"}},{"node":{"id":"RHjpdmKd50xt","slug":"english/fuel-price-june-29-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-june-29-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-688492/","title":"Fuel price June 29, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-29T07:30:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656467278739,\\\"strCount\\\":2843,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Wednesday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/week-ahead-global-cues-rupee-movement-to-weigh-on-sensex-nifty-687740/\\\\\\\"\u003eWeek ahead: Global cues, rupee movement to weigh on Sensex, Nifty\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/week-in-review-sensex-nifty-rise-amid-positive-cues-from-global-peers-687719/\\\\\\\"\u003eWeek in review: Sensex, Nifty rise amid positive cues from global peers\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/impact-of-us-feds-biggest-rate-hike-since-1994-on-india-680094/\\\\\\\"\u003eImpact of US Feds' biggest rate hike since 1994 on India\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/health/why-us-inflation-is-going-up-and-when-will-it-calm-down-438404/\\\\\\\"\u003eWhy US inflation is going up and when will it come down\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/explained-impact-of-mpc-meeting-on-stock-market-608957/\\\\\\\"\u003eExplained: Impact of MPC meeting on stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Kerala","slug":"kerala","id":"Ybiv7NPerJua","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-29T07:30:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Wednesday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Also Read| Week ahead: Global cues, rupee movement to weigh on Sensex, Nifty,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Week in review: Sensex, Nifty rise amid positive cues from global peers,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| Impact of US Feds' biggest rate hike since 1994 on India,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Why US inflation is going up and when will it come down,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Explained: Impact of MPC meeting on stock market,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Kerala,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mum","originalPublishedOn":"2022-06-29T07:30:00+05:30"}},{"node":{"id":"IfoA9zLbFnxP","slug":"english/fuel-price-june-27-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-june-27-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-687815/","title":"Fuel price June 27, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-27T09:48:06+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656303487086,\\\"strCount\\\":2938,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Monday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-13-things-to-know-before-market-opens-on-june-27-2022-687784/\\\\\\\"\u003eTrade Setup: Top 13 things to know before market opens on June 27, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-zomato-dr-reddys-axis-bank-and-others-in-news-today-687781/\\\\\\\"\u003eTrending Stocks: Zomato, Dr Reddy's, Axis Bank and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/stocks-that-should-be-on-your-watchlist-on-monday-june-27-2022-687778/\\\\\\\"\u003eStocks that should be on your watchlist on Monday, June 27, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/week-in-review-sensex-nifty-rise-amid-positive-cues-from-global-peers-687719/\\\\\\\"\u003eWeek in review: Sensex, Nifty rise amid positive cues from global peers\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/week-ahead-global-cues-rupee-movement-to-weigh-on-sensex-nifty-687740/\\\\\\\"\u003eWeek ahead: Global cues, rupee movement to weigh on Sensex, Nifty\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\u0026nbsp;\u0026nbsp;\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Kerala","slug":"kerala","id":"Ybiv7NPerJua","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-27T09:48:05+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Monday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Also Read| Trade Setup: Top 13 things to know before market opens on June 27, 2022,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Trending Stocks: Zomato, Dr Reddy's, Axis Bank and others in news today,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| Stocks that should be on your watchlist on Monday, June 27, 2022,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Week in review: Sensex, Nifty rise amid positive cues from global peers,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Week ahead: Global cues, rupee movement to weigh on Sensex, Nifty,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Kerala,Rajasthan,Maharashtra","originalPublishedOn":"2022-06-27T09:48:05+05:30"}},{"node":{"id":"3w50ujXeEC2u","slug":"english/fuel-price-june-24-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-june-24-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-685915/","title":"Fuel price June 24, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-24T10:01:53+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1656045112652,\\\"strCount\\\":2739,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel unchanged on Friday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/crypto-fear-and-greed-index-on-friday-june-24-2022-685900/\\\\\\\"\u003eCrypto Fear and Greed Index on Friday, June 24, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-thursday-685894/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500, Nasdaq and Russell ended in green on Thursday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-tata-motors-iifl-hero-motocorp-and-others-in-news-today-685813/\\\\\\\"\u003eTrending Stocks: Tata Motors, IIFL, Hero MotoCorp and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/stocks-that-should-be-on-your-watchlist-on-friday-june-24-2022-685814/\\\\\\\"\u003eStocks that should be on your watchlist on Friday, June 24, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\u0026nbsp;\u0026nbsp;\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-24T10:01:52+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel unchanged on Friday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Also Read| Crypto Fear and Greed Index on Friday, June 24, 2022,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in green on Thursday,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| Trending Stocks: Tata Motors, IIFL, Hero MotoCorp and others in news today,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Stocks that should be on your watchlist on Friday, June 24, 2022,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra","originalPublishedOn":"2022-06-24T10:01:52+05:30"}},{"node":{"id":"5dvIQlxR7Tft","slug":"english/sri-lanka-troops-open-fire-at-protesters-over-petrol-diesel-supply","slugV2":"world/sri-lanka-troops-open-fire-at-protesters-over-petrol-diesel-supply-682218/","title":"Sri Lanka troops open fire at protesters over petrol, diesel supply","postType":1,"coverMedia":"/opoyi_jMA8CtyhB.jpg","coverCaption":"Sri Lankans shout slogans. (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-19T14:20:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eA group of 20 to 30 people pelted stones and damaged an army truck\u003c/li\u003e\n \u003cli\u003eCivilians and three soldiers were wounded when the army opened fire\u003c/li\u003e\n \u003cli\u003eAs the pump ran out of petrol, several motorists began to protest\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655628327463,\\\"strCount\\\":2338,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Officials on Sunday said that Sri Lanka's military opened fire to contain rioting at a fuel station as unprecedented queues for petrol and diesel were seen across the crisis-hit country.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Saturday night as their guard point was pelted with stones, army spokesman Nilantha Premaratne said that the troops fired in Visuvamadu, 365 kilometres (228 miles) north of \u003ca href=\\\\\\\"https://opoyi.com/topics/colombo/\\\\\\\"\u003eColombo\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/with-no-new-supplies-sri-lanka-announces-day-off-as-fuel-runs-out-680886/\\\\\\\"\u003eWith no new supplies, Sri Lanka announces day off as fuel runs out\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"A group of 20 to 30 people pelted stones and damaged an army truck,\\\\\\\" Premaratne told AFP.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to police, civilians and three soldiers were wounded when the army opened fire for the first time to quell unrest linked to the worsening economic crisis.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"As the pump ran out of petrol, several motorists began to protest and the situation escalated into a clash with troops.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/why-a-stop-adani-protest-is-being-planned-in-sri-lanka-561183/\\\\\\\"\u003eWhy a 'Stop Adani' protest is being planned in Sri Lanka\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Presently, the island-nation is suffering its worst economic crisis since independence, with the country unable to find dollars to import essentials, including food, fuel and medicines.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Sri Lanka, with 22 million population, has been enduring acute shortages and long queues for scarce supplies while President Gotabaya Rajapaksa has for months resisted calls to step down over mismanagement.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/heres-why-bankrupt-sri-lanka-is-forced-to-save-fuel-for-cremations-335515/\\\\\\\"\u003eHere's why bankrupt Sri Lanka is forced to save fuel for cremations\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Sri Lanka has deployed armed police and troops to guard fuel stations.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A motorist was shot dead by police in April at the central town of Rambukkana when a clash erupted over the distribution of rationed petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also read:\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/why-sri-lanka-is-keen-on-welcoming-russian-oil-344486/\\\\\\\"\u003eWhy Sri Lanka is keen on welcoming Russian oil\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Four out of five people in Sri Lanka have started skipping meals as they cannot afford to eat, the \u003ca href=\\\\\\\"https://opoyi.com/topics/un/\\\\\\\"\u003eUN\u003c/a\u003e has said, warning of a looming \\\\\\\"dire humanitarian crisis\\\\\\\" with millions in need of aid.\\\"}}]}","relatedPosts":null,"location":{"name":"Colombo, Sri Lanka"},"createdBy":{"name":"Ajay Joseph","photo":null,"username":"ajay4396","id":"LFYsY6JozEMx","role":null},"topics":[{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"SriLanka","slug":"srilanka","id":"mjdE0zWttiL5","isSection":0},{"name":"Colombo","slug":"colombo","id":"4bevH8u07YVw","isSection":0},{"name":"Fuel","slug":"fuel","id":"RTU1oP481uu3","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"UnitedNations","slug":"unitednations","id":"3WFoPkYpAzdF","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Ajay Joseph","id":"LFYsY6JozEMx","username":"ajay4396","role":1,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-19T14:20:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Officials on Sunday said that Sri Lanka's military opened fire to contain rioting at a fuel station as unprecedented queues for petrol and diesel were seen across the crisis-hit country. On Saturday night as their guard point was pelted with stones, army spokesman Nilantha Premaratne said that the troops fired in Visuvamadu, 365 kilometres (228 miles) north of Colombo. Also read: With no new supplies, Sri Lanka announces day off as fuel runs out,A group of 20 to 30 people pelted stones and damaged an army truck, Premaratne told AFP. According to police, civilians and three soldiers were wounded when the army opened fire for the first time to quell unrest linked to the worsening economic crisis. As the pump ran out of petrol, several motorists began to protest and the situation escalated into a clash with troops. Also read: Why a 'Stop Adani' protest is being planned in Sri Lanka,Presently, the island-nation is suffering its worst economic crisis since independence, with the country unable to find dollars to import essentials, including food, fuel and medicines. Sri Lanka, with 22 million population, has been enduring acute shortages and long queues for scarce supplies while President Gotabaya Rajapaksa has for months resisted calls to step down over mismanagement. Also read: Here's why bankrupt Sri Lanka is forced to save fuel for cremations,Sri Lanka has deployed armed police and troops to guard fuel stations. A motorist was shot dead by police in April at the central town of Rambukkana when a clash erupted over the distribution of rationed petrol and diesel. Also read: Why Sri Lanka is keen on welcoming Russian oil,Four out of five people in Sri Lanka have started skipping meals as they cannot afford to eat, the UN has said, warning of a looming dire humanitarian crisis with millions in need of aid.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"6.9271","longitude":"79.8612","name":"Colombo, Sri Lanka","city":"Colombo"},"keywords":"Sri Lanka,Sri Lanka's,Nilantha Premaratne,Visuvamadu,Colombo,Premaratne,Gotabaya Rajapaksa,UN","originalPublishedOn":"2022-06-19T14:20:00+05:30"}},{"node":{"id":"xDZ0eCkqXtcd","slug":"english/fuel-price-june-17-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-june-17-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-680593/","title":"Fuel price June 17, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-17T10:27:15+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655441836035,\\\"strCount\\\":2812,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Friday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/impact-of-us-feds-biggest-rate-hike-since-1994-on-india-680094/\\\\\\\"\u003eImpact of US Feds' biggest rate hike since 1994 on India\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-enters-bear-market-what-does-it-mean-for-investors-141766/\\\\\\\"\u003eWall Street enters bear market: What does it mean for investors\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/india-inflation-down-by-075-what-it-means-for-consumers-256916/\\\\\\\"\u003eIndia inflation down by 0.75%: What it means for consumers\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/health/why-us-inflation-is-going-up-and-when-will-it-calm-down-438404/\\\\\\\"\u003eWhy US inflation is going up and when will it come down\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/5-reasons-why-indian-rupee-had-a-great-fall-221121/\\\\\\\"\u003e5 reasons why Indian rupee had a great fall\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\u0026nbsp;\u0026nbsp;\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-17T10:27:14+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Friday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Also Read| Impact of US Feds' biggest rate hike since 1994 on India,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Wall Street enters bear market: What does it mean for investors,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| India inflation down by 0.75%: What it means for consumers,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Why US inflation is going up and when will it come down,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| 5 reasons why Indian rupee had a great fall,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai, fu","originalPublishedOn":"2022-06-17T10:27:14+05:30"}},{"node":{"id":"tYNMQkmaJBH5","slug":"english/fuel-price-june-16-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-june-16-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-679746/","title":"Fuel price June 16, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-16T09:04:13+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655350453901,\\\"strCount\\\":2822,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Thursday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/india-inflation-down-by-075-what-it-means-for-consumers-256916/\\\\\\\"\u003eIndia inflation down by 0.75%: What it means for consumers\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-enters-bear-market-what-does-it-mean-for-investors-141766/\\\\\\\"\u003eWall Street enters bear market: What does it mean for investors\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/bill-gates-says-cryptocurrency-nft-based-on-greater-fool-theory-232488/\\\\\\\"\u003eBill Gates says cryptocurrency, NFT based on \\\\\\\"greater fool theory\\\\\\\"\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/health/why-us-inflation-is-going-up-and-when-will-it-calm-down-438404/\\\\\\\"\u003eWhy US inflation is going up and when will it come down\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/5-reasons-why-indian-rupee-had-a-great-fall-221121/\\\\\\\"\u003e5 reasons why Indian rupee had a great fall\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Kerala","slug":"kerala","id":"Ybiv7NPerJua","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-16T09:04:12+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Thursday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Also Read| India inflation down by 0.75%: What it means for consumers,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Wall Street enters bear market: What does it mean for investors,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| Bill Gates says cryptocurrency, NFT based on greater fool theory,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Why US inflation is going up and when will it come down,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| 5 reasons why Indian rupee had a great fall,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Kerala,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mum","originalPublishedOn":"2022-06-16T09:04:12+05:30"}},{"node":{"id":"2XiZ3EedWP1g","slug":"english/fuel-price-june-15-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-june-15-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-127496/","title":"Fuel price June 15, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-15T12:47:58+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655277479162,\\\"strCount\\\":2870,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Wednesday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/bill-gates-says-cryptocurrency-nft-based-on-greater-fool-theory-232488/\\\\\\\"\u003eBill Gates says cryptocurrency, NFT based on \\\\\\\"greater fool theory\\\\\\\"\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/5-reasons-why-indian-rupee-had-a-great-fall-221121/\\\\\\\"\u003e5 reasons why Indian rupee had a great fall\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rbi-mpc-meet-10-highlights-from-shaktikanta-das-speech-255474/\\\\\\\"\u003eRBI MPC meet: 10 highlights from Shaktikanta Das' speech\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/retail-inflation-falls-to-704-in-may-from-8-year-high-of-779-in-april-312802/\\\\\\\"\u003eRetail inflation falls to 7.04% in May from 8-year high of 7.79% in April\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/week-ahead-inflation-data-rupee-movement-to-weigh-on-sensex-nifty-610541/\\\\\\\"\u003eWeek ahead: Inflation data, rupee movement to weigh on Sensex, Nifty\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\u0026nbsp;\u0026nbsp;\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"IndiaNews","slug":"indianews","id":"hmzqkpDB7jEj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-15T12:47:57+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Wednesday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Also Read| Bill Gates says cryptocurrency, NFT based on greater fool theory,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| 5 reasons why Indian rupee had a great fall,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| RBI MPC meet: 10 highlights from Shaktikanta Das' speech,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Retail inflation falls to 7.04% in May from 8-year high of 7.79% in April,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Week ahead: Inflation data, rupee movement to weigh on Sensex, Nifty,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai, fu","originalPublishedOn":"2022-06-15T12:47:57+05:30"}},{"node":{"id":"dpahpiKuNLWQ","slug":"english/fuel-price-june-14-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-june-14-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-262329/","title":"Fuel price June 14, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-14T09:20:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655173075375,\\\"strCount\\\":2938,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Tuesday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-june-14-2022-207533/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on June 14, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/retail-inflation-falls-to-704-in-may-from-8-year-high-of-779-in-april-312802/\\\\\\\"\u003eRetail inflation falls to 7.04% in May from 8-year high of 7.79% in April\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rbl-bank-shares-hit-record-low-after-appointment-of-new-ceo-153320/\\\\\\\"\u003eRBL Bank shares hit record low after appointment of new CEO\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/week-ahead-inflation-data-rupee-movement-to-weigh-on-sensex-nifty-610541/\\\\\\\"\u003eWeek ahead: Inflation data, rupee movement to weigh on Sensex, Nifty\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/week-in-review-sensex-nifty-fall-as-investors-fear-inflationary-forecast-613713/\\\\\\\"\u003eWeek in review: Sensex, Nifty fall as investors fear inflationary forecast\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"IndiaNews","slug":"indianews","id":"hmzqkpDB7jEj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-14T09:20:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Tuesday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Also Read | Trade Setup: Top 15 things to know before market opens on June 14, 2022,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Retail inflation falls to 7.04% in May from 8-year high of 7.79% in April,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| RBL Bank shares hit record low after appointment of new CEO,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Week ahead: Inflation data, rupee movement to weigh on Sensex, Nifty,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Week in review: Sensex, Nifty fall as investors fear inflationary forecast,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai, fu","originalPublishedOn":"2022-06-14T09:20:00+05:30"}},{"node":{"id":"DPB2HpZCHiSJ","slug":"english/fuel-price-june-13-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-june-13-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-262346/","title":"Fuel price June 13, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-13T09:17:10+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1655092029509,\\\"strCount\\\":2862,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Monday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-13-things-to-know-before-market-opens-on-june-13-2022-309365/\\\\\\\"\u003eTrade Setup: Top 13 things to know before market opens on June 13, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/oil-companies-to-compensate-ethanol-producers-for-higher-energy-costs-242501/\\\\\\\"\u003eOil companies to compensate ethanol producers for higher energy costs\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/explained-the-impact-of-bond-yield-on-markets-and-investors-641122/\\\\\\\"\u003eExplained: The impact of bond yields on markets and investors\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/health/why-us-inflation-is-going-up-and-when-will-it-calm-down-438404/\\\\\\\"\u003eWhy US inflation is going up and when will it come down\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/5-reasons-why-indian-rupee-had-a-great-fall-221121/\\\\\\\"\u003e5 reasons why Indian rupee had a great fall\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\u0026nbsp;\u0026nbsp;\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Kerala","slug":"kerala","id":"Ybiv7NPerJua","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"IndiaNews","slug":"indianews","id":"hmzqkpDB7jEj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-13T09:17:10+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Monday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Also Read | Trade Setup: Top 13 things to know before market opens on June 13, 2022,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Oil companies to compensate ethanol producers for higher energy costs,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| Explained: The impact of bond yields on markets and investors,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Why US inflation is going up and when will it come down,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| 5 reasons why Indian rupee had a great fall,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Kerala,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mum","originalPublishedOn":"2022-06-13T09:17:10+05:30"}},{"node":{"id":"cn3IGqIqwPem","slug":"english/oil-companies-to-compensate-ethanol-producers-for-higher-energy-costs","slugV2":"business/oil-companies-to-compensate-ethanol-producers-for-higher-energy-costs-242501/","title":"Oil companies to compensate ethanol producers for higher energy costs","postType":1,"coverMedia":"/opoyi_9hjEyieCO.jpg","coverCaption":"India is the world’s third-biggest importer and consumer of oil (Photo Credits: Representational Image/ Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-10T19:43:06+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFuel companies will compensate ethanol producers for high energy costs\u003c/li\u003e\n \u003cli\u003eIndia has accelerated efforts to double ethanol blending with gasoline\u003c/li\u003e\n \u003cli\u003eThree public fuel retailers have announced the ‘relief scheme’\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654870385943,\\\"strCount\\\":2938,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"State-owned \u003ca href=\\\\\\\"https://opoyi.com/business/fuel-price-june-10-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-387414/\\\\\\\"\u003efuel\u003c/a\u003e companies have agreed to provide monetary relief to \u003ca href=\\\\\\\"https://opoyi.com/business/indias-sugar-exports-touch-46-billion-in-2021-22-grows-291-since-2012-14-198658/\\\\\\\"\u003esugar mills\u003c/a\u003e and other ethanol producers to compensate for high energy costs to boost biofuel production, according to a letter written by the companies to manufacturers, reported Reuters.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/5-reasons-why-indian-rupee-had-a-great-fall-221121/\\\\\\\"\u003e5 reasons why Indian rupee had a great fall\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/india/\\\\\\\"\u003eIndia\u003c/a\u003e is the world’s third-biggest importer and consumer of oil. It has accelerated efforts to double ethanol blending with gasoline to 20% from the current 10% across the country from 2025- 26. This holds significance as every dollar increase in the price of crude oil raises India’s import bill by Rs 10,700 crore on an annual basis. India spent $101.4 billion on crude oil imports in 2019-20 and $111.9 billion in 2018-19.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/hungary-for-oil-why-european-union-only-cut-off-90-of-russian-fuel-imports-137259/\\\\\\\"\u003eHungary for oil: Why EU only cut off 90% of Russian fuel imports\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The government fixes the ethanol purchase prices for fuel retailers Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation, every financial year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to a Reuters report, the fuel retailers have announced that they will pay extra to ethanol manufacturers to compensate for high energy and power costs.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/why-serbia-cant-turn-down-russian-oil-123761/\\\\\\\"\u003eWhy Serbia can't turn down Russian oil\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The three public fuel retailers have announced the ‘relief scheme’ from June 1 to November 20.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The companies will pay an additional Rs 1,604 ($20.62) per kilolitre for ethanol produced from sugar cane juice, Rs 1,493 for B-heavy molasses and Rs 1,179 for ethanol produced from C-heavy molasses, the letter written by companies showed.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/explained-the-impact-of-bond-yield-on-markets-and-investors-641122/\\\\\\\"\u003eExplained: The impact of bond yields on markets and investors\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The B-heavy molasses juice has some sucrose content left in it for sugar production, whereas C-heavy molasses is a cane by-product without any sugar content left in it.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"For one kilolitre of ethanol produced from damaged foodgrains and rice, the compensation is fixed at Rs 2,337 and Rs 1,437, the letter showed.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/rising-airfares-in-a-post-covid-india-why-451780/\\\\\\\"\u003eRising airfares in a post-COVID India: Why?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Prime Minister Narendra Modi has pledged to achieve net-zero carbon emission by 2070 and is encouraging industries to shift to cleaner energy options such as renewable and biofuels to reduce carbon footprint.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"Fuel","slug":"fuel","id":"RTU1oP481uu3","isSection":0},{"name":"GreenEnergy","slug":"greenenergy","id":"yfy5R5slH0tJ","isSection":0},{"name":"CarbonEmission","slug":"carbonemission","id":"zb7Vr2msd7Nz","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Economy","slug":"economy","id":"5VhOB45vqxj9","isSection":0},{"name":"Sugar","slug":"sugar","id":"gGj34psralkI","isSection":0},{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1},{"name":"NarendraModi","slug":"narendramodi","id":"2Mx5OKBUbZfx","isSection":0},{"name":"IndiaNews","slug":"indianews","id":"hmzqkpDB7jEj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-10T19:43:04+05:30","publisher":0,"sourceFeed":null,"cleanText":"State-owned fuel companies have agreed to provide monetary relief to sugar mills and other ethanol producers to compensate for high energy costs to boost biofuel production, according to a letter written by the companies to manufacturers, reported Reuters. Also Read | 5 reasons why Indian rupee had a great fall,India is the world’s third-biggest importer and consumer of oil. It has accelerated efforts to double ethanol blending with gasoline to 20% from the current 10% across the country from 2025- 26. This holds significance as every dollar increase in the price of crude oil raises India’s import bill by Rs 10,700 crore on an annual basis. India spent $101.4 billion on crude oil imports in 2019-20 and $111.9 billion in 2018-19. Also Read | Hungary for oil: Why EU only cut off 90% of Russian fuel imports,The government fixes the ethanol purchase prices for fuel retailers Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation, every financial year. According to a Reuters report, the fuel retailers have announced that they will pay extra to ethanol manufacturers to compensate for high energy and power costs. Also Read | Why Serbia can't turn down Russian oil,The three public fuel retailers have announced the ‘relief scheme’ from June 1 to November 20. The companies will pay an additional Rs 1,604 ($20.62) per kilolitre for ethanol produced from sugar cane juice, Rs 1,493 for B-heavy molasses and Rs 1,179 for ethanol produced from C-heavy molasses, the letter written by companies showed. Also Read | Explained: The impact of bond yields on markets and investors,The B-heavy molasses juice has some sucrose content left in it for sugar production, whereas C-heavy molasses is a cane by-product without any sugar content left in it. For one kilolitre of ethanol produced from damaged foodgrains and rice, the compensation is fixed at Rs 2,337 and Rs 1,437, the letter showed. Also Read | Rising airfares in a post-COVID India: Why?,Prime Minister Narendra Modi has pledged to achieve net-zero carbon emission by 2070 and is encouraging industries to shift to cleaner energy options such as renewable and biofuels to reduce carbon footprint.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"India,Indian Oil Corporation,Bharat Petroleum Corporation,Hindustan Petroleum Corporation,Narendra Modi,Indian fuel retailers, oil companies, ethanol, ethanol producers,Biofuel, Ethanol production","originalPublishedOn":"2022-06-10T19:43:04+05:30"}},{"node":{"id":"KFmRW9zpyApT","slug":"english/fuel-price-june-10-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-june-10-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-387414/","title":"Fuel price June 10, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-10T10:12:41+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654836160275,\\\"strCount\\\":2726,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Friday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/online-cosmetics-retailer-purplle-turns-unicorn-after-33-million-fundraise-430339/\\\\\\\"\u003eOnline cosmetics retailer Purplle turns unicorn after $33 million fundraise\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/lic-shares-hit-new-low-of-rs-720-investors-lose-rs-14-lakh-crore-570211/\\\\\\\"\u003eLIC shares hit new low of Rs 720, investors lose Rs 1.4 lakh crore\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/india-may-cut-gst-on-lithium-ion-batteries-to-boost-electric-mobility-125491/\\\\\\\"\u003eIndia may cut GST on Lithium-ion batteries to boost electric mobility\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rbi-mpc-meet-10-highlights-from-shaktikanta-das-speech-255474/\\\\\\\"\u003eRBI MPC meet: 10 highlights from Shaktikanta Das' speech\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"IndiaNews","slug":"indianews","id":"hmzqkpDB7jEj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-10T10:12:40+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Friday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Online cosmetics retailer Purplle turns unicorn after $33 million fundraise,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| LIC shares hit new low of Rs 720, investors lose Rs 1.4 lakh crore,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| India may cut GST on Lithium-ion batteries to boost electric mobility,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| RBI MPC meet: 10 highlights from Shaktikanta Das' speech,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai, fu","originalPublishedOn":"2022-06-10T10:12:40+05:30"}},{"node":{"id":"FmPysJyPjH1d","slug":"english/fuel-price-june-9-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-june-9-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-298214/","title":"Fuel price June 9, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-09T10:45:02+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654751701418,\\\"strCount\\\":2713,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Thursday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/explained-impact-of-rbis-repo-rate-hike-on-deposits-loans-131825/\\\\\\\"\u003eExplained: Impact of RBI's repo rate hike on deposits, loans\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rbi-mpc-meet-key-points-from-governor-shaktikanta-das-press-conference-477003/\\\\\\\"\u003eRBI MPC meet: Key points from Governor Shaktikanta Das' press conference\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rbi-mpc-meet-10-highlights-from-shaktikanta-das-speech-255474/\\\\\\\"\u003eRBI MPC meet: 10 highlights from Shaktikanta Das' speech\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rbi-mpc-meet-central-bank-proposes-linking-credit-cards-to-upi-payments-233600/\\\\\\\"\u003eRBI MPC meet: Central bank proposes linking credit cards to UPI payments\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Kerala","slug":"kerala","id":"Ybiv7NPerJua","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"IndiaNews","slug":"indianews","id":"hmzqkpDB7jEj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-09T10:45:01+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Thursday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Explained: Impact of RBI's repo rate hike on deposits, loans,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| RBI MPC meet: Key points from Governor Shaktikanta Das' press conference,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| RBI MPC meet: 10 highlights from Shaktikanta Das' speech,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| RBI MPC meet: Central bank proposes linking credit cards to UPI payments,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Kerala,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mum","originalPublishedOn":"2022-06-09T10:45:01+05:30"}},{"node":{"id":"WWSrcOa70Ave","slug":"english/fuel-price-june-8-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-june-8-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-621571/","title":"Fuel price June 8, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-08T08:51:31+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654658491460,\\\"strCount\\\":2655,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Wednesday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rbi-mpc-meeting-heres-an-overview-of-the-last-8-meetings-306488/\\\\\\\"\u003eRBI MPC meeting: Here's an overview of the last 8 meetings\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/fresh-repo-rate-hikes-on-cards-say-experts-ahead-of-rbis-mpc-meeting-outcome-414650/\\\\\\\"\u003eFresh repo rate hikes on cards, say experts ahead of RBI's MPC meeting outcome\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/explained-impact-of-mpc-meeting-on-stock-market-608957/\\\\\\\"\u003eExplained: Impact of MPC meeting on stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/how-us-fed-rate-hike-impacts-the-indian-rupee-332980/\\\\\\\"\u003eHow US Fed rate hike impacts the Indian rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"IndiaNews","slug":"indianews","id":"hmzqkpDB7jEj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-08T08:51:30+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Wednesday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| RBI MPC meeting: Here's an overview of the last 8 meetings,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| Fresh repo rate hikes on cards, say experts ahead of RBI's MPC meeting outcome,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Explained: Impact of MPC meeting on stock market,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| How US Fed rate hike impacts the Indian rupee,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai, fu","originalPublishedOn":"2022-06-08T08:51:30+05:30"}},{"node":{"id":"WsxHw1mciOEQ","slug":"english/fuel-price-june-7-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-june-7-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-619280/","title":"Fuel price June 7, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-07T10:09:51+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654576790003,\\\"strCount\\\":2885,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Tuesday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/liquidity-tightening-expected-with-rbi-rate-hike-on-june-631186/\\\\\\\"\u003eLiquidity tightening expected with RBI rate hike on June 8\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/week-ahead-rbi-policy-global-indications-to-weigh-on-sensex-nifty-285140/\\\\\\\"\u003eWeek ahead: RBI policy, global indications to weigh on Sensex, Nifty\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/week-in-review-sensex-nifty-rise-as-investors-weigh-economic-data-533710/\\\\\\\"\u003eWeek in review: Sensex, Nifty rise as investors weigh economic data\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/explained-impact-of-mpc-meeting-on-stock-market-608957/\\\\\\\"\u003eExplained: Impact of MPC meeting on stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/theres-a-buffer-why-imfs-gita-gopinath-thinks-risk-of-a-recession-is-low-228497/\\\\\\\"\u003e'There's a buffer': Why IMF's Gita Gopinath thinks risk of a recession is low\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"GitaGopinath","slug":"gitagopinath","id":"nH0psBVAlI77","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"IndiaNews","slug":"indianews","id":"hmzqkpDB7jEj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-07T10:09:50+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Tuesday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Also Read| Liquidity tightening expected with RBI rate hike on June 8,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Week ahead: RBI policy, global indications to weigh on Sensex, Nifty,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| Week in review: Sensex, Nifty rise as investors weigh economic data,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Explained: Impact of MPC meeting on stock market,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| 'There's a buffer': Why IMF's Gita Gopinath thinks risk of a recession is low,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Gita Gopinath,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price","originalPublishedOn":"2022-06-07T10:09:50+05:30"}},{"node":{"id":"HyZapkKMtzeY","slug":"english/fuel-price-june-6-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-june-6-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-343165/","title":"Fuel price June 6, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-06T10:19:05+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654490945773,\\\"strCount\\\":2831,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Monday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-june-6-2022-239732/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on June 6, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/explained-impact-of-mpc-meeting-on-stock-market-608957/\\\\\\\"\u003eExplained: Impact of MPC meeting on stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/upi-transactions-cross-rs-10-lakh-crore-milestone-in-may-159043/\\\\\\\"\u003eUPI transactions cross Rs 10 lakh crore milestone in May\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/how-us-fed-rate-hike-impacts-the-indian-rupee-332980/\\\\\\\"\u003eHow US Fed rate hike impacts the Indian rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/explained-changes-in-repo-rates-and-their-impact-on-stock-market-340419/\\\\\\\"\u003eExplained: Changes in repo rates and their impact on stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\u0026nbsp;\u0026nbsp;\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"IndiaNews","slug":"indianews","id":"hmzqkpDB7jEj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-06T10:19:05+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Monday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Also Read| Trade Setup: Top 15 things to know before market opens on June 6, 2022,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Explained: Impact of MPC meeting on stock market,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| UPI transactions cross Rs 10 lakh crore milestone in May,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| How US Fed rate hike impacts the Indian rupee,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Explained: Changes in repo rates and their impact on stock market,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai, fu","originalPublishedOn":"2022-06-06T10:19:05+05:30"}},{"node":{"id":"QpMVyjyYiI4L","slug":"english/fuel-price-june-3-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-june-3-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-505313/","title":"Fuel price June 3, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-03T11:21:41+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654235500707,\\\"strCount\\\":2849,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Friday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/explained-impact-of-mpc-meeting-on-stock-market-608957/\\\\\\\"\u003eExplained: Impact of MPC meeting on stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/upi-transactions-cross-rs-10-lakh-crore-milestone-in-may-159043/\\\\\\\"\u003eUPI transactions cross Rs 10 lakh crore milestone in May\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/india-q4-gdp-eight-core-industries-grow-84-in-april-hitting-six-months-high-249544/\\\\\\\"\u003eIndia Q4 GDP: Eight core industries grow 8.4% in April hitting six months high\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/gdp-manufacturing-sector-falls-02-owing-to-high-input-prices-159854/\\\\\\\"\u003eIndia Q4 GDP: Manufacturing sector falls 0.2% owing to high input prices\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/indias-10-year-bond-yield-rises-to-three-week-high-481973/\\\\\\\"\u003eIndia's 10-year bond yield rises to three-week high\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively\\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"IndiaNews","slug":"indianews","id":"hmzqkpDB7jEj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-03T11:21:40+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Friday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Also Read| Explained: Impact of MPC meeting on stock market,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| UPI transactions cross Rs 10 lakh crore milestone in May,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| India Q4 GDP: Eight core industries grow 8.4% in April hitting six months high,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| India Q4 GDP: Manufacturing sector falls 0.2% owing to high input prices,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| India's 10-year bond yield rises to three-week high,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai, fu","originalPublishedOn":"2022-06-03T11:21:40+05:30"}},{"node":{"id":"GfqItjXq4qD8","slug":"english/fuel-price-june-2-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-june-2-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-312849/","title":"Fuel price June 2, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-02T10:03:12+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654144390502,\\\"strCount\\\":2887,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Thursday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-reliance-delta-corp-hero-motocorp-and-others-in-news-today-534184/\\\\\\\"\u003eTrending Stocks: Reliance, Delta Corp, Hero MotoCorp and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/india-q4-gdp-eight-core-industries-grow-84-in-april-hitting-six-months-high-249544/\\\\\\\"\u003eIndia Q4 GDP: Eight core industries grow 8.4% in April hitting six months high\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/gdp-manufacturing-sector-falls-02-owing-to-high-input-prices-159854/\\\\\\\"\u003eIndia Q4 GDP: Manufacturing sector falls 0.2% owing to high input prices\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/indias-10-year-bond-yield-rises-to-three-week-high-481973/\\\\\\\"\u003eIndia's 10-year bond yield rises to three-week high\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/how-us-fed-rate-hike-impacts-the-indian-rupee-332980/\\\\\\\"\u003eHow US Fed rate hike impacts the Indian rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively. \\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"IndiaNews","slug":"indianews","id":"hmzqkpDB7jEj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-02T10:03:11+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Thursday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Also Read| Trending Stocks: Reliance, Delta Corp, Hero MotoCorp and others in news today,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| India Q4 GDP: Eight core industries grow 8.4% in April hitting six months high,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| India Q4 GDP: Manufacturing sector falls 0.2% owing to high input prices,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| India's 10-year bond yield rises to three-week high,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| How US Fed rate hike impacts the Indian rupee,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai, fu","originalPublishedOn":"2022-06-02T10:03:11+05:30"}},{"node":{"id":"MY8948aNTRja","slug":"english/fuel-price-june-1-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-june-1-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-435668/","title":"Fuel price June 1, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-06-01T09:12:50+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1654054969985,\\\"strCount\\\":2790,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Wednesday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-power-grid-hfcl-bharat-dynamics-and-others-in-news-today-181241/\\\\\\\"\u003eTrending Stocks: Power Grid, HFCL, Bharat Dynamics and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/indias-10-year-bond-yield-rises-to-three-week-high-481973/\\\\\\\"\u003eIndia's 10-year bond yield rises to three-week high\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/indias-real-gdp-growth-stands-at-87-in-fy2022-168444/\\\\\\\"\u003eIndia's real GDP growth stands at 8.7% in FY2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/explained-how-bitcoin-price-and-inflation-are-co-related\\\\\\\"\u003eHow Bitcoin price and inflation are co-related\u003c/a\u003e\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/how-us-fed-rate-hike-impacts-the-indian-rupee-332980/\\\\\\\"\u003eHow US Fed rate hike impacts the Indian rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively. \\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"IndiaNews","slug":"indianews","id":"hmzqkpDB7jEj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-06-01T09:12:49+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Wednesday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last month. ,Also Read| Trending Stocks: Power Grid, HFCL, Bharat Dynamics and others in news today,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| India's 10-year bond yield rises to three-week high,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| India's real GDP growth stands at 8.7% in FY2022,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| How Bitcoin price and inflation are co-related,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| How US Fed rate hike impacts the Indian rupee,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai","originalPublishedOn":"2022-06-01T09:12:49+05:30"}},{"node":{"id":"eqEG2DO0ufit","slug":"english/fuel-price-may-31-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-may-31-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-281673/","title":"Fuel price May 31, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-31T09:31:59+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1653969719029,\\\"strCount\\\":2829,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Tuesday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-may-31-2022-536431/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on May 31, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/lic-q4-results-net-profit-declines-18-firm-declares-dividend-of-rs-15-613422/\\\\\\\"\u003eLIC Q4 Results: Net profit declines 18%, firm declares dividend of Rs 1.5\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/dogecoin-prices-surge-on-elon-musks-spacex-tweet-189975/\\\\\\\"\u003eDogecoin prices surge on Elon Musk's SpaceX tweet\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/english/who-designed-bitcoin-logo\\\\\\\"\u003eBitcoin logo: Who designed it, know its history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/week-ahead-global-cues-quarterly-results-to-weigh-on-sensex-nifty-122414/\\\\\\\"\u003eWeek ahead: Global cues, quarterly results to weigh on Sensex, Nifty\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\\\\n\\\\n\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"IndiaNews","slug":"indianews","id":"hmzqkpDB7jEj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-31T09:31:58+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Tuesday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre. ,Also Read| Trade Setup: Top 15 things to know before market opens on May 31, 2022,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| LIC Q4 Results: Net profit declines 18%, firm declares dividend of Rs 1.5,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| Dogecoin prices surge on Elon Musk's SpaceX tweet,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Bitcoin logo: Who designed it, know its history,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Week ahead: Global cues, quarterly results to weigh on Sensex, Nifty,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai, fu","originalPublishedOn":"2022-05-31T09:31:58+05:30"}},{"node":{"id":"zpQkMCgZFn8n","slug":"english/fuel-price-may-30-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-may-30-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-673529/","title":"Fuel price May 30, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-30T10:45:04+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1653887703943,\\\"strCount\\\":2839,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel unchanged on Monday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last week.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/week-in-review-sensex-nifty-rise-as-global-sentiment-improves-522636/\\\\\\\"\u003eWeek in review: Sensex, Nifty rise as global sentiment improves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/swift-may-not-exist-in-five-years-says-mastercard-ceo-605575/\\\\\\\"\u003eSWIFT may not exist in five years, says Mastercard CEO\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/how-us-fed-rate-hike-impacts-the-indian-rupee-332980/\\\\\\\"\u003eHow US Fed rate hike impacts the Indian rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/recovery-getting-entrenched-and-broadening-despite-risks-rbi-annual-report-449787/\\\\\\\"\u003eRecovery getting entrenched and broadening despite risks: RBI annual report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/all-you-need-to-know-about-terra-luna-revival-plan-238520/\\\\\\\"\u003eAll you need to know about Terra-Luna revival plan\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\u0026nbsp;\u0026nbsp;\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"IndiaNews","slug":"indianews","id":"hmzqkpDB7jEj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-30T10:45:03+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel unchanged on Monday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre last week. ,Also Read| Week in review: Sensex, Nifty rise as global sentiment improves,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| SWIFT may not exist in five years, says Mastercard CEO,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| How US Fed rate hike impacts the Indian rupee,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| Recovery getting entrenched and broadening despite risks: RBI annual report,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| All you need to know about Terra-Luna revival plan,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai, fu","originalPublishedOn":"2022-05-30T10:45:03+05:30"}},{"node":{"id":"zUNWoNgiiM1v","slug":"english/fuel-price-may-27-2022-petrol-rs-9672-diesel-rs-8962-in-delhi","slugV2":"business/fuel-price-may-27-2022-petrol-rs-9672-diesel-rs-8962-in-delhi-676565/","title":"Fuel price May 27, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi","postType":1,"coverMedia":"/opoyi_wPr28VdMHeA.jpg","coverCaption":"Petrol and diesel prices in some states have fallen sharply after taxes levied on fuel were slashed by the Centre and some states. (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-05-27T10:11:35+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFinance Minister announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre\u003c/li\u003e\n \u003cli\u003eOne litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28\u003c/li\u003e\n \u003cli\u003eSome state governments also reduced VAT on petrol and diesel following the Central Government's decision\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1653626495061,\\\"strCount\\\":2858,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The oil marketing companies (OMC) left the prices of \u003ca href=\\\\\\\"https://opoyi.com/topics/petrol/\\\\\\\"\u003epetrol\u003c/a\u003e and diesel steady on Friday. However, fuel rates have decreased significantly after Finance Minister \u003ca href=\\\\\\\"https://opoyi.com/topics/nirmalasitharaman/\\\\\\\"\u003eNirmala Sitharaman\u003c/a\u003e announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre on Saturday.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-13-things-to-know-before-market-opens-on-may-27-2022-203443/\\\\\\\"\u003eTrade Setup: Top 13 things to know before market opens on May 27, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Petrol will cost Rs 96.72 a litre in \u003ca href=\\\\\\\"https://opoyi.com/topics/delhi/\\\\\\\"\u003eDelhi\u003c/a\u003e today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in \u003ca href=\\\\\\\"https://opoyi.com/topics/mumbai/\\\\\\\"\u003eMumbai\u003c/a\u003e, while diesel costs Rs 97.28.\u0026nbsp;\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/alibaba-hit-by-covid-reports-60-decline-in-full-year-profits-159222/\\\\\\\"\u003eAlibaba hit by Covid reports 60% decline in full-year profits\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/fuelprices/\\\\\\\"\u003eFuel prices\u003c/a\u003e are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-india-can-fight-ransomware-attacks-260225/\\\\\\\"\u003eHow India can fight ransomware attacks\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/theres-a-buffer-why-imfs-gita-gopinath-thinks-risk-of-a-recession-is-low-228497/\\\\\\\"\u003e'There's a buffer': Why IMF's Gita Gopinath thinks risk of a recession is low\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/why-airbnb-is-closing-its-domestic-business-in-china-418837/\\\\\\\"\u003eWhy Airbnb is closing its domestic business in China\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/kerala/\\\\\\\"\u003eKerala\u003c/a\u003e government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The \u003ca href=\\\\\\\"https://opoyi.com/topics/rajasthan/\\\\\\\"\u003eRajasthan\u003c/a\u003e government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/maharashtra/\\\\\\\"\u003eMaharashtra\u003c/a\u003e government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.\u0026nbsp;\u0026nbsp;\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Petrol","slug":"petrol","id":"8ByD5ER8gAjR","isSection":0},{"name":"FuelPrices","slug":"fuelprices","id":"Hl9bear61lRv","isSection":0},{"name":"Diesel","slug":"diesel","id":"LYmWvF3MskgB","isSection":0},{"name":"Delhi","slug":"delhi","id":"rzYqAK9lbk5U","isSection":0},{"name":"Rajasthan","slug":"rajasthan","id":"lhJQ0FYJwNh5","isSection":0},{"name":"Maharashtra","slug":"maharashtra","id":"sl9F6RThSKEr","isSection":0},{"name":"NirmalaSitharaman","slug":"nirmalasitharaman","id":"lrmXa26Ltafh","isSection":0},{"name":"IOCL","slug":"iocl","id":"EFcnd2JMLSOr","isSection":0},{"name":"Mumbai","slug":"mumbai","id":"1AypZlXpkqv3","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"IndiaNews","slug":"indianews","id":"hmzqkpDB7jEj","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-05-27T10:11:34+05:30","publisher":0,"sourceFeed":null,"cleanText":"The oil marketing companies (OMC) left the prices of petrol and diesel steady on Friday. However, fuel rates have decreased significantly after Finance Minister Nirmala Sitharaman announced a reduction in excise tax on petrol by 8 rupees per litre and diesel by 6 rupees per litre on Saturday. ,Also Read| Trade Setup: Top 13 things to know before market opens on May 27, 2022,Petrol will cost Rs 96.72 a litre in Delhi today, as compared to Rs 105.41 a litre, while diesel will cost Rs 89.62 a litre, as compared to Rs 96.67. After the drop in excise tax and VAT, one litre of petrol costs Rs 111.35 in Mumbai, while diesel costs Rs 97.28. ,Also Read| Alibaba hit by Covid reports 60% decline in full-year profits,Fuel prices are revised daily by public sector OMCs such as Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) in accordance with benchmark global pricing and foreign exchange rates. ,Also Read| How India can fight ransomware attacks,Any adjustments in petrol and diesel prices take effect at 6 a.m. every day. Due to local taxes such as VAT and freight costs, retail petrol and diesel prices vary from state to state. Also Read| 'There's a buffer': Why IMF's Gita Gopinath thinks risk of a recession is low,Following the Central Government's decision to reduce excise duty, some state governments reduced VAT on petrol and diesel. Also Read| Why Airbnb is closing its domestic business in China,The Kerala government announced a tax reduction on petrol and diesel prices of Rs 2.41 and Rs 1.36 per litre, respectively. The Rajasthan government decreased VAT on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, while the Maharashtra government slashed VAT on petrol by Rs 2.08 per litre and diesel by Rs 1.44 per litre. The Odisha government also cut petrol and diesel taxes by Rs 2.23 and Rs 1.36 per litre, respectively.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"VAT,Nirmala Sitharaman,Petrol,Delhi,Mumbai,Bharat Petroleum Corporation Ltd,Indian Oil Corporation Ltd,IOCL,Hindustan Petroleum Corporation Ltd,the Central Government's,Rajasthan,Maharashtra,petrol price today, diesel price today, fuel price in mumbai, fu","originalPublishedOn":"2022-05-27T10:11:34+05:30"}}]},"widgets":[]},"topicList":[{"id":"LYmWvF3MskgB","slug":"diesel","name":"Diesel","isSection":0},{"id":"Hl9bear61lRv","slug":"fuelprices","name":"FuelPrices","isSection":0},{"id":"rzYqAK9lbk5U","slug":"delhi","name":"Delhi","isSection":0},{"id":"1AypZlXpkqv3","slug":"mumbai","name":"Mumbai","isSection":0},{"id":"1hd39Bl2AdAV","slug":"business","name":"Business","isSection":1},{"id":"EFcnd2JMLSOr","slug":"iocl","name":"IOCL","isSection":0},{"id":"hmzqkpDB7jEj","slug":"indianews","name":"IndiaNews","isSection":0},{"id":"KNNV2Z3JOnP8","slug":"mizoram","name":"Mizoram","isSection":0},{"id":"ADTxPQSxc9yK","slug":"haryana","name":"Haryana","isSection":0},{"id":"xIzQR2Q7rs9e","slug":"chennai","name":"Chennai","isSection":0},{"id":"ON5vDQHB4C7g","slug":"gujarat","name":"Gujarat","isSection":0},{"id":"Bq4MmUPrXF8p","slug":"india","name":"India","isSection":1},{"id":"lrmXa26Ltafh","slug":"nirmalasitharaman","name":"NirmalaSitharaman","isSection":0},{"id":"lhJQ0FYJwNh5","slug":"rajasthan","name":"Rajasthan","isSection":0},{"id":"sl9F6RThSKEr","slug":"maharashtra","name":"Maharashtra","isSection":0},{"id":"gRmaH4uEjBnO","slug":"odisha","name":"Odisha","isSection":0},{"id":"TX0XR8BClWRB","slug":"bihar","name":"Bihar","isSection":0},{"id":"0tRaYRxDzWyj","slug":"karnataka","name":"Karnataka","isSection":0},{"id":"7ZYgoGLGBQnQ","slug":"kolkata","name":"Kolkata","isSection":0},{"id":"tPr1ldDDc50F","slug":"nagaland","name":"Nagaland","isSection":0},{"id":"vdfCkTLQAVNK","slug":"finance","name":"Finance","isSection":0},{"id":"oKTGsO2sn0Mt","slug":"puducherry","name":"Puducherry","isSection":0},{"id":"8uXnuT5oyF06","slug":"arvindkejriwal","name":"ArvindKejriwal","isSection":0},{"id":"xRL8TJfHE9Kv","slug":"kashmir","name":"Kashmir","isSection":0},{"id":"CDdTHmgoFn2O","slug":"crudeoil","name":"CrudeOil","isSection":0},{"id":"CIOjGVeJeoLc","slug":"jammu","name":"jammu","isSection":0},{"id":"kjYHU1tJiMu1","slug":"centre","name":"centre","isSection":0},{"id":"RTU1oP481uu3","slug":"fuel","name":"Fuel","isSection":0},{"id":"ZdjTIzNom80K","slug":"russia","name":"Russia","isSection":0},{"id":"cS6iHvD7QlhW","slug":"jaipur","name":"Jaipur","isSection":0},{"id":"Ybiv7NPerJua","slug":"kerala","name":"Kerala","isSection":0},{"id":"iEhRQcab92b8","slug":"world","name":"World","isSection":1},{"id":"QzdhnKXHT05r","slug":"asia","name":"Asia","isSection":0},{"id":"Lgr3hTOPJ0yv","slug":"unitedstates","name":"UnitedStates","isSection":0},{"id":"tWLHEaqXxmbz","slug":"lpg","name":"LPG","isSection":0},{"id":"Dq03BAdFix29","slug":"ukraine","name":"Ukraine","isSection":0},{"id":"MhfKMlGWFTBF","slug":"sensex","name":"Sensex","isSection":0},{"id":"5VhOB45vqxj9","slug":"economy","name":"Economy","isSection":0},{"id":"2JvkXElbbqnQ","slug":"nifty","name":"Nifty","isSection":0},{"id":"jVArPfo2eN7z","slug":"noida","name":"Noida","isSection":0},{"id":"PkCsd9oT2rCN","slug":"sharemarket","name":"ShareMarket","isSection":0},{"id":"sf5ka2cjChLE","slug":"gurugram","name":"Gurugram","isSection":0},{"id":"dV662lz0IyvS","slug":"oil","name":"OIL","isSection":0},{"id":"0JelBm6rMusZ","slug":"us","name":"US","isSection":0},{"id":"YTJpdaKq5t2z","slug":"indian","name":"indian","isSection":0},{"id":"vHCI0WQLTd1o","slug":"stockmarket","name":"StockMarket","isSection":0},{"id":"74WQDLQfPQDQ","slug":"nse","name":"NSE","isSection":0},{"id":"v2KXw3fOql0S","slug":"europe","name":"Europe","isSection":0},{"id":"mmhRjdCmZCj0","slug":"rbi","name":"RBI","isSection":0},{"id":"DYAVR3DcUuWW","slug":"petropricehike","name":"PetroPriceHike","isSection":0}],"slug":"petrol","lang":"en","sectionArray":[1,2],"messages":{"Disclaimer":{"DISCLAIMER":"Disclaimer","OPINION_DISCLAIMER":"The views expressed in this article are the personal opinions of the author. 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