Petrol price hiked by 48 paise/litre, diesel by 23 paise; ninth straight day of increase
New Delhi: Petrol price on Monday was hiked by 48 paise per liter and diesel by 23 paise a liter as oil companies for the ninth day in a row adjusted retail rates in line with costs since ending an 82-day hiatus in rate revision.
Petrol price in Delhi was hiked to Rs 76.26 per liter from Rs 75.78, while diesel rates were increased to Rs 74.26 a liter from Rs 74.03, according to a price notification of state oil marketing companies.
Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.
This is the ninth daily increase in rates in a row since oil companies on June 7 restarted revising prices in line with costs, after ending an 82-day hiatus.
In nine hikes, the petrol price has gone up by Rs 5 per liter and diesel by Rs 4.87 a liter.
The freeze in rates was imposed in mid-March soon after the government hiked excise duty on petrol and diesel to shore up additional finances.
Oil PSUs Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) instead of passing on the excise duty hikes to customers adjusted them against the fall in the retail rates that was warranted because of fall in international oil prices.
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Bengaluru: Commercial building fire brought under control, two rescued
Bengaluru (PTI): A fire broke out in a multi-storey commercial building here on Friday evening, following which two people who were trapped on the terrace were safely rescued, officials said.
The incident occurred at around 5.30 pm at a commercial building located on Coles Road, they said.
However, no casualties were reported, officials added.
According to officials, the blaze started on the terrace, where a pantry and storeroom are located. The situation led to panic as the building is located adjacent to a petrol bunk, raising fears of a possible explosion.
Two people trapped on the terrace due to the fire were rescued by a police team along with Fire and Emergency Services personnel, a senior police officer said.
Four fire tenders were pressed into service, and after nearly an hour of intense firefighting, the blaze was brought under control.
The cause of the fire is yet to be ascertained, police said, adding that further investigation is underway.
