After reducing the petrol prices, the Maharashtra government will cut the diesel prices by Rs 1.56 per litre, Chief Minister Devendra Fadnavis said in a tweet.
► Tripura government has also slashed the prices of fuel.
Mr Jaitley said that since states taxes on petrol and diesel was on ad valorem basis, they will only have to forego additional revenue which came after oil prices had started rising.
Following Centre's move, Maharashtra government has also announced a Rs 2.5 reduction on the petrol. He added that the last time that the Centre asked states to provide relief to the common man "only BJP or NDA allies-led states" did that.
Union finance minister Arun Jaitley said that cut in fuel prices was a good economics as it will increase the purchasing power of consumer without hitting the fiscal deficit target.
Twitter Brings Its 'Data Saver' Feature to Android and iOS Twitter's Data Saver option has been available in the Twitter for Windows application and its mobile website for some time. Twitter Lite has an install size of 3MB, which saves data and space and loads quickly on unreliable or patchy networks.
Now Telltale’s "skeleton crew" has been laid off, too Today more news has come out in regards to the continuation of Clementine's story, as well as the state of the company. It did, however, keep on a skeleton staff of 25 people that were said to be staying on for the "foreseeable" future.
The price of petrol in Delhi on Friday (Oct 5) was Rs 81.50 per litre while in Mumbai it was Rs 86.97. But growing public anger over surging fuel prices has caught the attention of the government.
Out of this, the oil marketing companies will absorb one rupee per litre and Excise duty on petrol, diesel to be cut by one rupee 50 paise. "The government has cut down borrowing this year by Rs 70,000 crore".
The shares of Indian oil marketing companies sank after the announcement, with Indian Oil Stocks down by 18.24 percent, HPCL stocks tumbled by 22 percent and BPCL stocks declined by 19 percent. After you announced Rs 5/litre, implement it instead of giving just Rs 4.37/litre...
Jaitley said the move followed Brent crude oil touching four-year high of Dollars 86 a barrel Wednesday and interest rates in United States reaching seven-year high. The total price cut in these states is now Rs 5 per litre. "Thus petrol & diesel wd be Rs. 5 cheaper in the State of Gujarat". But with a weakening rupee, it will likely have fewer options in the form of import-related tax cuts. Delhi charges a Value-Added Tax of 27 per cent on petrol and 17.24 per cent on diesel.
Jaitley said the impact of the excise duty cut on the Centre's revenues would be about Rs 21,000 crore in a full year and Rs 10,500 crore in the remainder of the current financial year.
Senate Minority Leader Chuck Schumer said those issues raised serious doubts about Kavanaugh and his qualifications. She said would announce later in the day whether she would support him in the final ballot.
An Institute for Supply Management survey published this week showed robust employment gains in the services sector in September. The dollar.DXY was little changed against a basket of currencies, while stocks on Wall Street were trading lower.
Michael Sorrentino apologized to the court during brief remarks and said he has overcome substance abuse. Mike Sorrentino flashed his abs and boasted about hookups on all six seasons of " Jersey Shore ".
For us, each match is very important to show us and for them to take responsibility, take confidence and take rhythm. One such player is Jack Wilshere, whose Arsenal career was cruelly decimated by injury.
Kong-Rey began as a tropical depression on Saturday and after growing in strength, officially became a typhoon on Sunday at 8 p.m. The typhoon will pass close to Okinawa in Japan on Thursday night but it could change course and head for the Korean Peninsula.
Braves starter Anibal Sanchez (0-1) gave up three runs on five hits over 4 2/3 innings with a walk and three strikeouts. I just try to keep my mind on the hitters that I'm going to face against Dodgers", Sanchez said before Thursday's game.
Leslie could become a weak hurricane based on the latest forecast, but it will not threaten land as a tropical system. Forecasters say the storm is heading north at 3 miles per hour (6 kph) and is expected continue through Friday night.
As it moves northeast, Rosa will also dump 2 to 4 inches of rain on much of Arizona, with up to 6 inches in the mountains. Heavy rain is expected Monday and Tuesday across Arizona, Southern California, southern and eastern Nevada, and Utah.
Nobel Peace Prize awarded to Denis Mukwege and Nadia Murad
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Astronomers find first moon beyond our solar system
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Five law enforcement officers shot in SC , reports say
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Britain’s PM Theresa May dances onto stage
Asked what she thought of Johnson's speech, May told Sky News that Johnson had put in a characteristically good performance. And she warned she was ready to take further action against utility firms which punish loyal customers with higher prices.
Science confirms hugs really do make you feel better
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Khabib Nurmagomedov Vs. Edson Barboza Ahead Of UFC 229
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