Petrol, Diesel Prices Cut Again Across Metros. Check Rates Here
Petrol and diesel prices, which are revised every day, were slashed across the country's four metro cities with effect from 6 am on Monday, according to the website of the largest fuel retailer, Indian Oil Corporation (IOC). Delhi's petrol rates were cut for the fifth consecutive day on Monday while for the rest of the metro cities, it was the fourth day of relief in petrol prices. Diesel rates were cut for the fifth consecutive day across the four metro cities. Â
A litre of petrol was being sold for Rs 76.30 in New Delhi, for Rs 79.15 in Kolkata, for Rs 83.75 in Mumbai and for Rs 79.25 in Chennai, according to iocl.com. Diesel was being sold in Delhi at the rate of Rs 67.89 per litre, in Kolkata at Rs 70.56 per litre, in Mumbai at Rs 72.07 per litre, and in Chennai at Rs 71.70 per litre.
(Petrol rates, diesel rates in top metro cities on Monday.)
On Sunday, one litre of petrol was sold in Delhi for Rs 76.37, in Kolkata for Rs 79.20, in Mumbai for Rs 83.82, and in Chennai for Rs 79.33. One litre of diesel was sold in Delhi for Rs 67.98, in Kolkata for Rs 70.63, in Mumbai for Rs 72.17, and in Chennai for Rs 71.79.
In global markets, oil prices were held back by concerns over U.S.-China trade tensions and increased supply. US crude was last off 16 cents at $68.1 a barrel after posting its third straight weekly loss. Brent eased 17 cents to $72.90, according to a report by news agency Reuters.
Petrol and diesel prices are decided on the basis of global crude oil prices and rate of the rupee against the US dollar.
Technical experts suggested that crude oil prices could continue to fall. "The fall from 75 to current levels has five waves (clear in daily chart) and price has reversed from upper trendline of the rising channel which suggested us to call the top in crude. From here crude price could continue to fall towards 57 levels or lower which is 38.2 per cent retracement level. This view will cancel out on a close above 80," HDFC Securities said in a note.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
