As on Wednesday petrol price in Trivandrum was at Rs 82.61 while diesel was priced at Rs 75.19, as per the Indian oil website. For many, it was a welcome relief after 16 straight days of hikes in petrol and diesel prices. In Delhi, VAT on petrol is Rs 15.84 and Rs 9.68 a litre on diesel. Rates had yesterday touched an all time high of ₹ 78.43 per litre, according to a price revision notification of state-owned oil firms.
Rising fuel prices are highly likely to be discussed at the Reserve Bank's rate-setting panel, Monetary Policy Committee's (MPC) three-day meet beginning on June 4.
After 16 days of relentless price hikes, petrol price was on Wednesday cut by about 60 paise a litre and diesel by 56 paise on the back of softening worldwide oil rates and strengthening Indian rupee. This was rectified to 1 paisa a litre. However, within a span of a few hours, those changes were deleted and instead a measly reduction of 1 paise a litre in both the auto fuels was announced.
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The men, who had previously asked for the code needed to gain access to the store's restroom, said they were waiting for a friend. Training will be provided to almost 175,000 employees nationwide and added to the onboarding process for new hires.
He further pointed out that less production of oil in the Organization of the Petroleum Exporting Countries (OPEC) and hike in crude oil price in the worldwide market are some of the factors affecting the fuel price. Meanwhile, diesel is priced at Rs. 69.34 in Delhi, Rs. 73.82 in Mumbai, Rs 71.88 in Kolkata and Rs.73.21 in Chennai.
Kerala charges roughly 32.2% tax on petrol and 25.58% on diesel, among the highest in the country.