Petrol, diesel prices cut by 20 paise
The Hindu
This is the first reduction in petrol rate in over a month, and the fourth in case of diesel in less than a week
Petrol and diesel prices were cut by 20 paise per litre each on August 22, the first reduction in petrol rate in over a month, and the fourth in case of diesel in less than a week. Petrol price in Delhi was cut to ₹101.64 a litre and diesel to ₹89.07 per litre, according to a price notification of State-run oil companies. The reduction came as international oil prices tumbled to their lowest level since May, after the U.S. Federal Reserve signalled it was set to start tapering asset purchases within months, hurting commodities and lifting the dollar.
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