No Result
View All Result
Monday, July 28, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Dramas
  • Showbiz
    Honey Singh

    After their last hit, Honey Singh and Shehnaaz Gill to share screen again

    Dr. Salunkhe

    CID Season 2, Episode 63 marks Dr. Salunkhe’s comeback

    Saiyaara

    Will Son of Sardaar 2 and Dhadak 2 stop Saiyaara’s box office run?

    File Photo

    Alizeh Shah claims she is receiving death threats from fellow actress

    (Image: cinebuster.in)

    Who is Ruchi Gujjar and what did she do?

    Chal Mera Putt 4

    Trailer released for Chal Mera Putt 4 featuring Pakistani stars

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Dramas
  • Showbiz
    Honey Singh

    After their last hit, Honey Singh and Shehnaaz Gill to share screen again

    Dr. Salunkhe

    CID Season 2, Episode 63 marks Dr. Salunkhe’s comeback

    Saiyaara

    Will Son of Sardaar 2 and Dhadak 2 stop Saiyaara’s box office run?

    File Photo

    Alizeh Shah claims she is receiving death threats from fellow actress

    (Image: cinebuster.in)

    Who is Ruchi Gujjar and what did she do?

    Chal Mera Putt 4

    Trailer released for Chal Mera Putt 4 featuring Pakistani stars

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home World

India cuts petrol, diesel prices after buying discounted oil from Russia

Our Correspondent by Our Correspondent
May 24, 2022
modi

NEW DELHI: After buying discounted oil from Russia, the Indian government on Saturday announced a reduction in petrol and diesel prices and also announced a subsidy on gas cylinders, Indian media reported.

The price of petrol will come down by Rs. 9.5, while the diesel will be cheaper by Rs. 7 as Finance Minister Nirmala Sitharaman announced a sharp cut in central excise duty on fuel prices amid surging inflation, the reports said.

The central excise duty on petrol has been cut by Rs. 8 per litre and the same on diesel has been cut by Rs. 6 per litre, said Ms Sitharaman. The government says it will lose  1 lakh crore rupees by taking the cut on central excise duties.

The Minister urged states to implement a similar cut and pass on the benefit to the common man.

“I wish to exhort all state governments, especially the states where the reduction wasn’t done during the last round (November 2021), to also implement a similar cut and give relief to the common man,” appealed Ms Sitharaman.

Petrol price in Delhi will from Sunday cost Rs. 95.91 a litre as against Rs. 105.41 a litre currently, while diesel will cost Rs. 89.67 a litre as opposed to Rs. 96.67 a litre now.

Also, the government will give Rs.200 per cylinder subsidy to Ujjwala Yojana beneficiaries for 12 cylinders in a year to help ease some of the burden arising from cooking gas rates rising to record levels.

“This will help our mothers and sisters,” tweeted Ms Sitharaman.

The Finance Minister said the gas cylinder subsidy will have a “revenue implication of around Rs. 6,100 crore.”

Soon after the cuts were announced, Prime Minister Narendra Modi underlined that it is “always people first for us” and that it will further the “ease of living”.

Today’s decisions, especially the one relating to a significant drop in petrol and diesel prices will positively impact various sectors, provide relief to our citizens and further ‘Ease of Living, he added.

India is heavily dependent on imports to meet its oil needs and the domestic petrol and diesel prices are linked to international rates.

Sources have revealed that the Indian government enabled to give relief to the masses after buying oil from Russia at a discounted rate.

It is worth mentioning here that former Prime Minister of Pakistan Imran Khan has said many times that the Russian government agreed with him, during his landmark visit to Moscow just weeks ago his ouster, to provide oil and wheat to Pakistan at a 30% discount rate.

ShareTweetSendShare
Previous Post

Asif Zardari, PM Shehbaz discuss country’s political situation

Next Post

Karachi blast suspected terrorist’s accomplice arrested from Hyderabad

Related Stories

Baba Vanga
Top News

Will Baba Vanga’s shocking 2025 prediction about aliens come true?

July 28, 2025
Image: AFP
World

Two more Israeli soldiers killed in Gaza

July 28, 2025
Cobra is one of the most venomous snakes in the world.
World

Toddler kills cobra with teeth in India’s Bihar

July 27, 2025
The ship’s interception comes as Israel faces mounting international criticism over the worsening humanitarian situation in Gaza
(Image: aa.com.tr)
World

Israel seizes Gaza-bound aid ship ‘Handala’

July 27, 2025
Shweta Singh
Top News

What shocking revelations did Shweta Singh’s suicide note contain?

July 27, 2025
Gaza Heartbreaking
Top News

Devastating hunger: US senator calls Gaza crisis heartbreaking, urges more aid

July 27, 2025
Online
Top News

Italian aid Ship ‘Handala’ nears Gaza waters

July 26, 2025
Online
World

UK faces mounting pressure to recognize Palestinian State following France’s bold move

July 26, 2025
Image: The News
World

8 killed as terrorists attack Iran’s judicial complex in Zahedan

July 26, 2025
Image: Business Stardard
World

Saudi Arabia allows foreigners to buy property in the kingdom

July 26, 2025
Next Post

Karachi blast suspected terrorist’s accomplice arrested from Hyderabad

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

Honey Singh
Fashion & Music

After their last hit, Honey Singh and Shehnaaz Gill to share screen again

by MM News Staff
July 28, 2025
Firing
Crime

Returned from Kuwait, son guns down parents and wife

by MM News Staff
July 28, 2025
file photo
Top News

NDMA issues alert for heavy rains, urban flooding in northern areas

by APP
July 28, 2025
Baba Vanga
Top News

Will Baba Vanga’s shocking 2025 prediction about aliens come true?

by MM News Staff
July 28, 2025
file photo
Business & Stock

UAE Dirham to PKR rates today- July 28, 2025

by MM News Staff
July 28, 2025

Opinion

nadeem moulvi
From Sects to Sunnah
July 15, 2025
- Nadeem Moulvi
Munir-Ahmed
Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World
June 29, 2025
- Munir Ahmed
munir ahmed oped
A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances
June 28, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

file photo
Top News

NDMA issues alert for heavy rains, urban flooding in northern areas

by APP
July 28, 2025

A fresh spell of intense monsoon rains is forecast to hit northern Pakistan from...

Rescue personnel evacuate villagers by boat from a flooded village following heavy rains in the Taunsa district of Punjab on July 16, 2025. — AFP

Thousands displaced, crops destroyed as floods wreak havoc in Punjab

July 27, 2025
File photo

KP issues travel advisory amid monsoon showers

July 26, 2025
Image: file photo

Weather updates for Islamabad, other parts of country

July 26, 2025
See all

Prices

representative image
Business & Stock

Gold prices in Pakistan today- Monday 28 July 2025

by MM News Staff
July 28, 2025

The following are the latest gold prices in Pakistan on Monday, 28 July 2025....

Karachi residents pay the highest price for flour in Pakistan

July 27, 2025
representative image

Gold prices in Pakistan today- Sunday 27 July 2025

July 28, 2025
representative image

Gold prices in Pakistan today- Saturday 26 July 2026

July 26, 2025
See all

Transport News

Chakwal
Crime

Tragic bus crash in Chakwal: 6 dead, 24 injured near Dhok Sial

by MM News Staff
July 27, 2025

A bus fell into a ravine near Dhok Sial on the motorway in Chakwal,...

Charged Parking

Has the Sindh government put an end to parking fee extortion?

July 25, 2025

E-Taxi scheme launch date unveiled in Punjab

July 24, 2025
(File Photo)

Air Arabia Abu Dhabi expands operations in Pakistan with new Faisalabad, Multan flights

July 24, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.