Petrol price cut by 21 paise; total reduction reaches Rs 4.05 in 18 days
New Delhi, Nov 4: Petrol price has been cut by over Rs 4 per litre and diesel by Rs 2.33 in the last 18 days on softer international rates, a pace faster than the spike in prices witnessed in the two-month period beginning mid-August.
Petrol price Sunday was cut by 21 paise a litre and diesel by 17 paise, according to a price notification issued by state-owned fuel retailers.
In Delhi, petrol now costs Rs 78.78 per litre while diesel is priced at Rs 73.36, it said. Petrol in Mumbai costs Rs 82.28 and diesel Rs 76.88.
With this, the reduction in rates in last 18 days now totals Rs 4.05 per litre for petrol and Rs 2.33 for diesel. Rates have been on the decline since October 18.
Petrol price had touched a record high of Rs 84 per litre in Delhi and Rs 91.34 in Mumbai on October 4. Diesel on that day had peaked to Rs 75.45 a litre in Delhi and Rs 80.10 in Mumbai.
Prices had started to climb from August 16. Petrol in Delhi was priced at Rs 77.14 and in Mumbai at Rs 84.58 per litre on August 15. Diesel on that day was priced at Rs 68.72 per litre in Delhi and Rs 72.96 in Mumbai. Between August 16 and October 4, petrol price was hiked by Rs 6.86 per litre and diesel by Rs 6.73.
On that day, the government decided to cut excise duty on petrol and diesel by Rs 1.50 per litre each and asked state-owned fuel retailers to subsidise the price by another Re 1 a litre by reducing their margins.
Subsequent to this, the petrol price came down to Rs 81.50 per litre in Delhi and diesel to Rs 72.95 a litre on October 5. In Mumbai, rates fell to Rs 86.97 per litre for petrol and Rs 77.45 in case of diesel.
As the international oil prices continued to rise, price of petrol and diesel in Delhi increased to Rs 82.83 and Rs 75.69 on October 17. In Mumbai, rates touched Rs 88.29 a litre for petrol and Rs 79.35 for diesel.
But since then, international oil prices have been falling and rupee has also appreciated, resulting in decline in retail rates.
Industry sources said as per the assessment, the retail prices of petrol and diesel may reign easy in the next few days.
The retail selling price of petrol and diesel is dependent on the international prices of benchmark fuel and the rupee-US dollar exchange rate. This is because a large proportion of country's requirement is met through imports.
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Rally against "vote chori" to protect every citizen's right, says D K Shivakumar
New Delhi/ Bengaluru (PTI): Karnataka Deputy Chief Minister D K Shivakumar asserted that the Congress party's rally against alleged 'vote chori' (vote theft) in New Delhi is to protect every citizen's right to vote.
Accusing BJP government at the Centre of restricting vehicles with Congress workers from entering Delhi to participate in the party's mega rally, Shivakumar, who is also the Karnataka Congress chief, said that about 3,500-4,000 party leaders and workers have come from the state to participate in the rally.
Congress is holding a mega rally at Ramlila Maidan in Delhi on Sunday, against the alleged "vote chori" (vote theft).
"We (state Congress) have made accommodation for 1,500 people (party workers and leaders), more than 2,000 people have made their own arrangements. They have come by flight and train. About 3,500-4,000 people have come. About 1.42 crore signatures have been gathered from the state (as part of its signature campaign)," Shivakumar said.
Speaking to reporters in New Delhi, he said, there is a lot of enthusiasm among party workers and leaders, and they are committed to saving the Congress party in the state and the country, and protecting the citizens' right to vote.
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"As per the information that I have received this morning, the BJP and the central government are stopping vehicles (with Congress workers) from coming to Delhi, they are apparently not allowing vehicles to enter the city. I don't know why they are doing this. I don't know why the BJP and the central government are so worried. But no one can stop our voice," he added.
Further stating that Congress is fighting on behalf of the people of the country to protect their right to vote, the Deputy CM said, there is no politics in it. He said, all the leaders will be leaving for the protest venue from the Congress office in Delhi.
Reacting to a question on Union Home Minister Amit Shah reportedly terming Congress party's rally as an "act of frustration" due to electoral losses, and similar criticism from other BJP leaders, he said, he doesn't want to react to anyone from the saffron party.
"Let them say anything for their enjoyment. We, the Congressmen, won't think about electoral victories and losses. We think about the sacrifice made by our elders during the freedom struggle, to give democracy and a constitution to the country. Sonia Gandhi sacrificed power (PM post) and gave it to an economist like Manmohan Singh. Indira Gandhi and Rajiv Gandhi sacrificed their lives for this country," he said.
Jawaharlal Nehru and Mahatma Gandhi went to jail for the sake of this country, he further pointed out, adding that, "A hundred years ago, Gandhi took over the leadership of the freedom struggle; today in these difficult times, Mallikarjun Kharge has taken the responsibility as the Congress President."
Shivakumar, responding to a question, said, Chief Minister Siddaramaiah will also be attending the rally. "Both of us will go together (to the venue) from the Indira Gandhi Bhavan (in Delhi)."
He, however, did not wish to comment on any meeting with the Congress high command, including Soina Gandhi, on the issue of leadership change in Karnataka. Meanwhile, slogans calling Shivakumar the "next CM" were raised by his supporters as the Deputy CM left the Karnataka Bhavan.
