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Thursday, July 26, 2012 9:02:08 AM (IST)  

Bangalore: Petrol, Diesel Prices Reduced Across State

Bangalore: Petrol, Diesel Prices Reduced Across State

Bangalore, Jul 26 (DHNS): The state-owned oil companies have reduced petrol and diesel prices in Karnataka by Rs 1.50 and 75 paise respectively.

The cut, effective from Wednesday, comes just two days after the upward revision of petrol prices by the oil companies. As per the revised rates, petrol will now cost Rs 75.91 in Bangalore, and diesel will cost Rs 44.98. Prices of LPG, however, remain unchanged.

In Mangalore, petrol will now cost Rs 74.77 (from Rs 76.16), diesel Rs 44.38 (from Rs 45.14) and gas Rs 42.65 (from Rs 42.97). In Udupi, petrol price stands at Rs 74.91 (from Rs 76.31), diesel at Rs 44.47 (from Rs 45.22) and gas at Rs 42.65 (from Rs 42.97).

The revision comes in the wake of oil firms recalibrating rates to reflect changes in local levies.

The exercise also resulted in petrol and diesel prices being reduced in 10 other states, including Goa, Gujarat and Odisha. Besides, LPG prices were reduced in 12 states, including Gujarat, Tamil Nadu, West Bengal and Odisha.

While price of petrol is unchanged in Delhi, Kolkata would see an increase of Rs 2.52 a litre, pushing the price up to Rs 76.13 a litre. Petrol in Mumbai will cost Rs 75.14 (Rs 74.23 earlier).

In Chennai, rates have been cut by Rs 0.97 per litre to Rs 72.19. The changes in prices of petrol are over and above the 70 paise per litre hike that was effected from July 24.

G Ramesh, Divisional Manager, Indian Oil Corporation told Deccan Herald that the state levies were restructured, benefitting consumers in Karnataka.

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Comments on this article
Raj, Bangalore
Friday, July 27, 2012

This step has been initiated by Sadananda gowda, not shettar. Last time when price hiked, that time he was under pressure to reduce tax in karnataka. So, He has spoken and took needful measures. Oil companies were charging more (Rs.1.50 ) in karnatake. That has been corrected now. Thats all.

Rosario Fernandes, Kallianpur/Goa/usa
Friday, July 27, 2012

What the hell these people fooling arround with petrol price.? This is like kanda/Batata/Onion prices jumping up & down daily which is connected with the index of allowances of Factory workers.?
Can't these apply these election gimmicks on something else.?

Sudheer, Suratkal
Thursday, July 26, 2012

Please read the news carefully. It is not state government has reduced taxes. It is state-owned oil firms recalibrated rates to reflect changes in local levies. Karnataka state still enjoys highest tax rate on petrol. Congratualtions..

faiz, udupi
Thursday, July 26, 2012

Election gimic.

nagesh nayak, bangalore
Thursday, July 26, 2012


PLEASE READ THE STATEMENT OF MAMATA & REPLY "Banerjee said, “We have not increased the prices. I was in Delhi and didn’t know anything about it. Sitting in the AC chambers they are putting unnecessary pressure on common people”.

Terming the Central government’s decision as “blackmailing the people”, Banerjee asked, “Subsidy was lifted in 2003 and then why it is being implemented now? When you (central government) had not implemented the policy for nine years, then you should have reviewed it before taking a decision. What is the use of having such a government (at the centre) which perpetrates such frauds on the people?”


Rahul, Mangalore
Thursday, July 26, 2012

Ohh..... what an big achievement of our state govt. so called BJP...

vinay, Mangalore
Thursday, July 26, 2012

Dear Jossey, Why did you not ask the same question to the Congress ruled states like Maharastra and Delhi. As per the list, Karnataka (in petrol price) is better than these two congress ruled states.

Jossey Saldanha, Mangalore/Mapusa/Mumbai
Thursday, July 26, 2012

What was the achievement of BJP for Jai Ho.
Can some one from BJP explain why petrol is so cheap in GOA which is also a BJP ruled state?

Thursday, July 26, 2012

When Petrol price raises, that time only people are worried.But when it is reduced nobody knows how to welcome it. Any how GOOD NEWS till what period?

Ramesh, mangalore
Thursday, July 26, 2012

The dip in prices is effective in 11 states for those who dont know

paddu, mangalore
Thursday, July 26, 2012

Jai ho BJP....

Thursday, July 26, 2012

HATS OFF TO........... :) JAI HO

Abdulla Amin, Udupi / Dubai
Thursday, July 26, 2012

Can Rakesh Shetty and Nagesh Nayak, the staunch supporters of the great BJP take up the issue of eco-friendly, cheap CNG (Compressed Natural Gas) for cars in Karnataka instead of barking at the wrong trees in these columns (except those relating to deserving donations) in capital letters?

Sanjeev Kamath, Udupi / Bahrain
Thursday, July 26, 2012

Thank you Shettar and Co. for the few paise reduction. We can buy a couple of toffees for our kids in a month. What is distressingly appalling is that progressive Karnataka does not have even a single CNG station in the entire state. Compressed Natural Gas is the greenest (eco-friendly) fuel and is cheap at less than Rs 2/- per kilometer. Look at this!! Gujarat high court on Wednesday directed the state government to pass necessary laws to make it compulsory for all four-wheelers registered in Gujarat to convert to natural gas within one year. Why is Karnataka under BJP is so backward? Can Rakesh Shetty and Nagesh Nayak take up this issue constructively with their Shettar and BJP?

George A. Borromeo, Angelore, Mangalore
Thursday, July 26, 2012

Good move! Seems to be Political turmoil has died down in Karnataka., Canada
Thursday, July 26, 2012

Fixing the mistakes - initial increase was a mistate !

Rakesh shetty, mangalore
Thursday, July 26, 2012



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