INSUBCONTINENT EXCLUSIVE:
Fuel Prices: Oil-marketing companies have absorbed cut of Re 1 per litre on petrol and diesel.A day after central and 12 state governments
announced a reduction in fuel rates, prices reduced across the metros and state capitals on Friday
Petrol was priced at Rs 81.50 per litre in Delhi, Rs 83.35 per litre in Kolkata, Rs 86.97 per litre in Mumbai and Rs 84.70 per litre in
Chennai, according to Indian Oil Corporation (IOC)
Diesel was sold at Rs 72.95 per litre in Delhi, Rs 77.45 per litre in Mumbai, Rs 74.80 per litre in Kolkata and Rs 77.11 per litre in
Chennai.On Thursday, 12 states slashed the prices of petrol and diesel after the central government announced a Rs 1.5 per litre cut in
diesel prices are Uttarakhand, Maharashtra, Madhya Pradesh, Jharkhand, Chhattisgarh, Assam, Uttar Pradesh, Haryana, Jammu and Kashmir,
only on petrol, all other states did it on both fuels
Jharkhand, which had earlier announced a cut only on diesel, later applied to petrol as well, reported IANS.After the state announced the
basis by oil-marketing companies on the basis of the rupee-dollar rate and global crude oil prices
