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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Metro ridership in Haryana sees over 13 pc rise in 2025-26
Chandigarh (PTI): Haryana's urban transit system witnessed a strong growth in 2025-26, with metro ridership registering a robust 13.55 per cent increase, the state government said in a statement on Thursday.
The progress was reviewed in the 64th board meeting of Haryana Mass Rapid Transport Corporation (HMRTC) chaired by Chief Secretary Anurag Rastogi.
Between April 2025 and February 2026, the metro network recorded over 1.74 crore passengers, compared to 1.53 crore in the corresponding period the previous year.
July recorded the highest monthly growth at 22.93 per cent, while all months showed consistent positive trends.
Financial performance has also remained strong, with fare revenue rising 12.64 per cent till January 2026, the statement said.
Non-fare revenue surged by 108 per cent, driven by effective monetisation of station spaces, advertisements and commercial activities, resulting in an operating surplus for Rapid Metro.
Further initiatives, including the auction of station naming rights and additional advertisement sites, are expected to strengthen HMRTC's financial position, the statement said.
Appreciating the performance, Rastogi stated that the consistent rise in ridership and revenue reflects the success of Haryana's integrated transport strategy, rising commuter confidence and a clear shift towards public transport.
HMRTC Managing Director Chander Shekhar Khare said that, alongside operational gains, the state is making steady progress on an ambitious pipeline of metro and regional transit projects.
Metro connectivity from Gurugram Sector 56 to Panchgaon is under active consideration, with Haryana State Industrial and Infrastructure Development Corporation Limited studying the Detailed Project Report (DPR) and layout plan, and finalising a depot location in Sector 36A near Sihi village, he said.
The Gurugram-Faridabad Namo Bharat corridor has achieved a key milestone, with alignment and station locations finalised and approved by the Haryana government. The National Capital Region Transport Corporation is preparing the DPR, he added.
Similarly, the Delhi-Kundli metro extension is proposed to be placed before the Haryana Cabinet for approval.
The 136.3-kilometre Delhi-Panipat-Karnal RRTS Corridor has also progressed, with the revised DPR submitted for financial concurrence ahead of Haryana Cabinet consideration.
Within Gurugram, DPR preparation has been approved for key intra-city corridors, including the 17.09-kilometre Bhondsi-Subhash Chowk-Rajeev Chowk-Sohna Chowk Railway Station corridor, enhancing connectivity along Sohna Road, Khare said.
