Fresh hike in fuel prices

Fresh hike in fuel prices

In tandem with petrol prices, cost of diesel also scaled new highs. The rising prices of petrol and diesel every day have burnt a hole in the pockets of consumers.

Karnataka is the fourth state after Rajasthan, West Bengal and Andhra Pradesh to have reduced state taxes on petrol and diesel.

Fuel prices continue to rise in the country, with Petrol hitting Rs 82.06/litre in New Delhi, a Rs 0.15/litre increase from Sunday.

India imports about 80% of its crude oil, and the falling Indian rupee will make the imports costlier and lead to a rise in fuel prices.

Joe Mixon totals 87 yards in Bengals' Week 2 win
There certainly is potential, even though the Bengals have spent the past two games treading the line between winning and losing. Up 21-0, Cincinnati already had almost as many yards of total offense (151) as the Bills finished with Sunday (153).

Since oil prices have started rising, following USA sanctions on Iraq and the slide of the rupee against the dollar, there have been calls to reduce tax.

The price of Brent crude oil is now over $78 per barrel. As a result, the prices of both fuels has declined by Rs 2.5 per litre.

In a relief to citizens, Karnataka Chief Minister HD Kumaraswamy on Monday announced a reduction in fuel prices in the state. The price break-up of petrol in Delhi as on September 10 includes excise duty of Rs. 19.48, dealer commission of Rs. 3.64, and value-added tax of Rs. 7.16 (including VAT on dealer commission). As per reports, petrol was being sold at over Rs 90 in some parts of Maharashtra.

On Tuesday, West Bengal chief minister Mamata Banerjee announced a cut in state tax for petrol and diesel, bringing down their prices by Re 1. "Though the state is faced with a deficit budget, we have made a decision to reduce the tax and ease the burden on people", The Indian Express quoted him as saying.

Related Articles

  • Moon faces toughest challenge yet in 3rd summit with Kim

    Moon faces toughest challenge yet in 3rd summit with Kim

    Security Council will meet on Monday over the implementation of sanctions on North Korea at the request of Washington. But Mr Kim recently requested another meeting with Mr Trump, who hailed his "very warm" letter.
    Residents allowed to return to homes after gas explosions

    Residents allowed to return to homes after gas explosions

    Hundreds of people were evacuated on Thursday evening, with gas and electricity services cut to try and prevent further incidents. Columbia Gas Transmission was owned by NiSource until 2015, when the company was spun off into Columbia Pipeline Group.
    Palestinian teen dies from wounds in Gaza unrest READ MORE

    Palestinian teen dies from wounds in Gaza unrest READ MORE

    Palestinian president Mahmoud Abbas pictured at a meeting of the Palestine Liberation Organization Executive Committee. Israel's tactics against the protests have drawn worldwide condemnation. "He posed no threat".
  • Typhoon death toll in Philippines jumps to 28

    Typhoon death toll in Philippines jumps to 28

    Rescue efforts continued Sunday in the Philippines, which weathered the brunt of Mangkhut's strength the day before. Mangkhut's next target is likely to be western Guangdong, where the storm is expected to slow but remain unsafe .
    'Big Misunderstanding': Credibility at Stake in Texas Shooting Involving Off-Duty Officer

    'Big Misunderstanding': Credibility at Stake in Texas Shooting Involving Off-Duty Officer

    Jean is a bad guy because he had some marijuana in his apartment, but it could help add some explanation to this insane case". She has told investigators that she mistook Jean's apartment for her own, which is one floor below Jean's .

    Professor details sexual assault allegation against US Supreme Court pick

    Though Hoerchner and many of Hill's allies wanted to bar Thomas from the High Court to ward off any threat to the Roe v. Ford said she told no one about the alleged attack until 2012, when she was in couples counseling with her husband.
  • We have our first look at Joaquin Phoenix's unique 'Joker'

    We have our first look at Joaquin Phoenix's unique 'Joker'

    Emma Tillinger Koskoff is producing the WB/Village Roadshow movie, which Richard Baratta is exec producing. At one point, Alec Baldwin was set to join the cast, but dropped out last minute.
    Mop up in Hong Kong after Super Typhoon Mangkhut

    Mop up in Hong Kong after Super Typhoon Mangkhut

    More than 550 flights at airports in Hong Kong, Shenzhen and Guangzhou were also canceled, according to Flightaware.com. Mangkhut arrived in China after making landfall Saturday morning on Luzon, the largest island in the Philippines .
    US  climate summit ends with California promising satellite carbon monitoring

    US climate summit ends with California promising satellite carbon monitoring

    Salesforce recently opened a 61-story office tower in San Francisco that it says relies on clean energy to operate. It was organized by California Gov. "Cities, states, investors, and businesses are all in", Gore said.
  • Ups And 7 Downs From WWE Hell In A Cell 2018

    Ups And 7 Downs From WWE Hell In A Cell 2018

    Special guest referee Mick Foley was maced by Paul Heyman, leading for a replacement ref to call the match and rule a no contest. Samoa Joe will challenge WWE Champion AJ Styles in a rematch from SummerSlam , and that feud has become deeply personal.
    Packers' Matthews speaks on roughing the passer calls

    Packers' Matthews speaks on roughing the passer calls

    Rodgers then hit Davante Adams for a 3-yard pass to give kicker Mason Crosby a chance from 52 yards out with three seconds left. The last attempt from 35 was set up with the ball placed between the hash marks, but Carlson still missed.
    Saints rally to come back against Browns, win first game of 2018

    Saints rally to come back against Browns, win first game of 2018

    With the opportunities given by the defense , the Browns only got three points from the two first half turnovers. Few NFL players in history have had worse days than the one Cleveland Browns kicker Zane Gonzalez just had.