This despite benchmark global rate for petrol going up from $78.84 per barrel, which was used for raising the price to Rs 74.63 a litre on April 24, to $82.98 now, according to sources privy to fuel pricing methodology.
Speaking to THT Online, NOC spokesperson Birendra Goit said, "NOC has increased Rs 2 per litre in petrol, diesel, kerosene each within 15-kilometre distance in Kathmandu Valley from its depot". Since September 2013, petrol prices are at their highest level and diesel prices are also at their all-time high in Delhi. According to experts the three oil marketing companies - Indian Oil Corp, Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd- together suffered losses of around Rs 1,500-1,700 crore due to the steep rise in prices. Brent crude futures were trading at $78.17 per barrel on Wednesday. "The recent trend of consistent depreciation in Indian rupee against U.S. dollar, if continued, may further elongate the period or require sharp hikes to bring retail fuel prices at market-determined level" said Bhatia. Although the rupee recovered a little on Wednesday, it is still not far from 68 against the dollar. The petrol and diesel prices in city had remained stable for 20 days till May 14.
Abhishek Bansal, Chairman, ABans Group, a commodity trading company, said that oil is the most basic commodity and any gradual effect of rising prices may have adverse effect on many other commodities and industries. The oil companies' decision to change the prices came after the polling on May 12 in that State.
IOC Chairman Sanjiv Singh earlier told to IANS that the dynamic pricing was suspended temporarily despite a rise in worldwide rates to avoid panic among consumers.
Often, when I confess my disdain for Deadpool to others, they act as if I just confessed some bad , unforgivable crime. Karan Soni, however, gets to display much of his manic humour that he brought from the first movie.
Guy Sebastian, Dami Im and Isaiah have given it their best at Eurovision since 2015, and this year it's Jessica Mauboy's turn. With seven victories, Ireland is the most successful country at the contest, but finished in last place at the final in 2013.
The OnePlus and the OnePlus 5T were an astonishing set of devices of a year ago , from the hype-mongering Chinese manufacturer. The phone packs a Snapdragon 636 chip, 4GB or 6GB of RAM , 32GB or 64GB of storage , and support for microSD cards.
But as powerful as Hubble is, seeing something as small as a plume on a moon more than 380-million miles away is hard . Instruments on the Europa Clipper will have to be sensitive enough to capture the particles from the water plume.
If Nintendo continues its crusade to push out third-party chargers and accessories, there might not really be much of a choice. Lazzyman also correctly predicted that Nintendo would ditch the Virtual Console in favor of releasing NES games.
After a trip to the infield care center, Byron confirmed he was okay but admitted it was the hardest hit he had taken as a driver. He knows that everything can spin the other way in a hurry, and that it's time for him to make the most of his chance out front.
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The closest center field wall in baseball is at the Red Sox' Fenway Park, where the 17-foot high wall is 390 feet from home plate. The teams have met in the American League Championship Series three times, with the Yankees emerging as winners on two occasions.
Lachlan Murdoch to be 'New Fox' CEO
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Wayne Rooney may be asked to stay at Everton
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Pence calls on Mueller to wrap up' Russian Federation probe
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Priyanka Chopra's Met Gala outfit has an Indian connection
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Sun to turn into planetary nebula when it dies: Astronomers
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Woman Turns $18 Into $1.2M On Kentucky Derby Bet
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