Petrol-diesel prices down 9 paise on lower crude cost, stronger rupee
New Delhi, June 2: Lower global crude oil cost, along with a strengthened rupee, pulled the prices of key transportation fuel -- petrol and diesel -- down by around nine paise in the four metro cities.
On Saturday, Brent crude oil prices slipped to around $76 per barrel from $77 a barrel as global supply concerns eased. A decline in global crude oil prices in turn lessen the cost of refined products like gasoline or petrol.
As per the country's pricing mechanism, the domestic petrol prices are dependent on the international fuel price on a 15-day average.
Besides, the Indian rupee has strengthened
On a weekly basis, it appreciated by 72 paise to close at 67.06 against the US dollar from its previous week's close of 67.78 per greenback.
Consequently, in the national capital, petrol was sold at Rs 78.20 per litre, down from Rs 78.29 on Friday, data on the Indian Oil Corp's website showed.
In Mumbai and Chennai, petrol prices were at Rs 86.01 and Rs 81.19 a litre, respectively, down nine paise from Friday's levels.
In Kolkata, petrol price fell by eight paise to Rs 80.84 per litre.
Prices of the key transportation fuels have been cut marginally on a daily basis, under the dynamic pricing system since May 30, as global crude oil prices began to ease.
In tandem with petrol prices, diesel prices also witnessed a decline. In Delhi, Kolkata, Mumbai and Chennai, the fuel was sold at Rs 69.11, Rs 71.66, Rs 73.58 and Rs 72.97 per litre -- all prices down nine paise from Friday's levels.
The recent surge in prices of key transportation fuel was attributed to a rise in crude oil cost, which rose till last week, and the high excise duties levied on the fuel in the country.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Rape accused's mother murdered by victim's brother in MP's Shivpuri
Shivpuri (PTI): The 60-year-old mother of a rape accused was killed allegedly by the victim's brother in Madhya Pradesh's Shivpuri district, a police official said on Saturday.
The incident took place on Friday, Rannod police station house officer (SHO) Arvind Chauhan said.
"An anganwadi worker returning from a hospital was offered a lift by one Inder Gurjar, who took her to a secluded spot and raped her. She called up her brothers to narrate the ordeal. One brother of the victim along with two associates went to Gurjar's house and assaulted him. When Gurjar's mother Sirkunwarbai (60) intervened, she was attacked with a sharp weapon. She died on the spot," he said.
Based on a complaint filed by the deceased woman's daughter-in-law, three persons were booked for murder. One of them was held on Saturday, the official added.
A separate case has also been registered against Gurjar for rape, he said.
Police personnel have been deployed in the area in view of tension following the incident, the official added.
