Oil companies reassure consumers that supply chains are intact and fuel availability is steady nationwide, asking people to avoid panic buying despite rising global energy concerns.
Sri Lankans have no time for work. About 62 per cent of Sri Lankan workers are daily wage earners. Properties of some members of Parliament have been destroyed by mobs.
As per pump prices, petrol now costs Rs 101.81 per litre and diesel Rs 93.07 per litre in the national capital.
"West Bengal has high VAT on petrol and diesel as compared to other states. A reduction in VAT will save the state revenue from getting eroded as lakhs of vehicles coming from neighbouring states will get their tanks full with cheaper fuel"
The GST Council is scheduled to discuss a number of important issues that may include a proposal to bring petrol and diesel under the GST regime.
Across the country as well the petrol and diesel prices fell on Thursday but its retail levels varied depending on the level of local levies in respective states.
On Thursday, Petrol price was hiked 16 paise per litre, while diesel price was hiked by 14paise per litre. The fuel prices have increased up to Rs 8.66 for petrol and Rs 10.63 in diesel in 19 days.
Petroleum is the taxation milch cow for the central and the state governments and it is unlikely to be brought…
