Good news for Indian common man that give them a big moment to cheer that oil marketing companies are likely to hit with Rs 4/ l remarkable cut at the petrol prices from Jul 1.
According to source, the cut in petrol rates will come as a big respite for the consumer just because of downing phase in global prices of crude oil, the companies base the domestic prices every fortnight. Read more
Almost one week after the UPA Government announced the Rs 7.50 per liter hike in petrol price, petrol will now cost Rs2 per liter cheaper. New Petrol price will be affective from the midnight today.
Meanwhile, state-based oil companies will cut petrol price by Rs 1.68 per litre, excluding taxes. After including 20 per cent VAT on petrol, the reduced in Delhi comes to Rs 2 per litre. Read more
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