Petrol Prices Lowered Nearly 2% In May, Diesel Rates Down 0.3%
- With effect from 6 am on Friday, the price of petrol was at Rs 71.73 per litre in Delhi; Rs 73.79 per litre in Kolkata, Rs 77.34 per litre in Mumbai, and Rs 74.46 per litre in Chennai, according to Indian Oil notifications. On April 30, the prices of petrol had stood at Rs 73.13 per litre, Rs 75.15 per litre, Rs 78.7 per litre and Rs 75.9 per litre in the metros respectively. (Also read: How to check today's petrol and diesel rates in your city)
- The diesel price on Friday was at Rs 66.51 per litre in Delhi; Rs 68.27 per litre in Kolkata, Rs 69.69 per litre in Mumbai, and Rs 70.31 per litre in Chennai, as against Rs 66.71 per litre, Rs 68.45 per litre, Rs 69.83 per litre and Rs 70.44 per litre respectively on April 30.
- Petrol prices were hiked on a total nine occasions and lowered 13 times in May 2019, the Indian Oil data shows.
- Domestic fuel prices - which vary from state to state - are currently reviewed on a daily basis by state-run oil marketing companies such as Indian Oil. Any revisions are implemented at the fuel pumps with effect from 6 am.
- Domestic petrol and diesel prices are determined broadly by the global crude oil and the rupee-dollar forex rates.
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Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
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Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
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Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
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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.
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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.
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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.
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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.
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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.
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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.
