Nippon India Liquid Fund Direct-Growth
Axis Bluechip Fund Direct Plan-Growth
ICICI Prudential Bluechip Fund Direct-Growth
Mirae Asset Tax Saver Fund Direct-Growth
A steep rise in taxes has kept fuel prices high despite lower international rates with which domestic rates are expected to be aligned.
New Delhi: Petrol prices have risen by 1.6 a litre in a fortnight and by nearly Rs 11 per litre in three months. Petrol sold for Rs 82.03 a litre in Delhi and Rs 88.68 in Mumbai on Monday. Diesel prices have remained unaltered in August at Rs 73.56 a litre in Delhi and Rs 80.11 in Mumbai. A steep rise in taxes has kept fuel prices high despite lower international rates with which domestic rates are expected to be aligned. High prices, extended lockdowns and weak economic recovery have been weighing on fuel demand recovery.
(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
- Drop in petrol, diesel price gap to fuel customers’ shift towards petrol, CNG cars: ICRA
- Petrol sales up 36%, diesel 20% in June
- Petrol, diesel prices rise to 19-month high
- Total and Adani group to apply for petrol pump licence in India
- Net marketing margin on petrol and diesel turns negative
- Dharmendra Pradhan envisages home delivery of petrol, CNG