Fuel prices are some of the most easily affected commodity, every time a global situation arises. Be it a trade deal, an imposition or war, fuel prices fluctuate like a lightbulb about to get a short-circuit. Hence, amid the global coronavirus outbreak, which has been declared a pandemic by WHO, fuel prices around the world have dropped down.

The fuel prices tumbled from a ₹70.18 on Friday to ₹70.04 on Saturday, a 14 paise decrease which came after the government imposed a ₹3 hike on excise duty of fuel.

What's the update?


The Coronavirus outbreak has rocked the stock market and a huge impact has been felt on global economy. The Brent crude prices on March 9, Monday, slid down to $32 and then recovered to around $35.96 per barrel on March 11, Wednesday. Meaning that the oil prices in global market slid down by 31% as Saudi Arabia slashed the oil prices and announced a big increase in productions.

This lead to a decrease in oil prices in India, as well as the national capital where petrol prices went down 15 paisa, from a ₹70.18 on Friday to ₹70.04 Saturday; while diesel prices went down from ₹63.85 to ₹63.73, observing a decrease of 12 paisa.

According to several reports this sharp fall in oil prices was observed because of a weak economic growth that has been an impact of the global Coronavirus outbreak.

Knock Knock

Since India imports 85 per cent of its oil requirement, it will gain significantly from the sharp fall in oil prices. This slump translates to a lower oil import bill and a decrease of inflation for the country which itself is suffering from a weak economy. Since the impacts of the Coronavirus outbreak will be felt for a long time in the global economy which can end up further decreasing oil prices for India.

The New Art has made Lucknow even more vibrant, with their artworks on metro station walls

"It has been a great journey so far and this is just the beginning."

If you've crossed or been anywhere near the Transport Nagar or K.D. Singh Babu Stadium metro stations here in Lucknow, we're sure that your eyes must've caught the vibrant artworks donning the walls here. These colossal and vividly hand-painted murals have definitely breathed a new lease of life in these two vicinities and all the credit goes to The New Art.

An art-startup based in Delhi, The New Art are a team of artists and designers who curate realistic murals which are truly a sight to behold and within a short period of time, they've whipped up over 300 artworks all over India. All of these art pieces done by them, are originally designed by the team, from scratch.

Keep reading... Show less

With these 15 Dos & Don'ts , prepare yourself better to beat the Coronavirus!

Let's just keep our fingers crossed for a better future ahead; till then follow these measures!

An outbreak of coronavirus disease (COVID-19) has been plaguing citizens globally and with each passing day, the mortality rates have been on a fluctuating ride. Since COVID-19 has promptly risen up as a pandemic disease, people have been fretting to keep it at bay and this universal chaos, has led to the promulgation of wrong and ambiguous informations as well.

Keep reading... Show less

Keep yourself safe by following these precautionary steps to ward off Coronavirus

Do not ignore the symptoms and stay updated at all times!

The COVID-19 or Novel Coronavirus is a disease that has taken the entire world by storm. The international epidemic has made its way into India and it is highly crucial to keep a tab on the situation around and how you can keep yourself safe amidst all the chaos.

In these days and times, it is easy to get swamped away by loads of fake reports that don't paint the right picture. So, we've compiled everything here for you folks- all you need to know about the virus and how you and your loved ones can stay safe.

Keep reading... Show less

Blue sky & a stunning view; South Delhi to soon get a plethora of open air restros

A meal with a view of the posh South Delhi vistas! What more could we ask for?

South Delhi is gearing up to provide residents of Delhi with a whole new experience and introduce new open air cafes on the lines of those in Europe and US. Soon, foodies will be able to bask in the sun or count the stars while enjoying a sumptuous meal and a stunning view, at any one of the upcoming open-air food outlets here at South Delhi.

Keep reading... Show less

Relish a meal with your buddies HERE in Delhi for the sake of the Gram!

Located at Ansal Plaza, Gram is a casual dining place which has been grabbing eyeballs lately!

If you're an ardent 'social media' foodie who is always on the lookout for new additions to the epicurean feat here in Delhi and feeds their camera before themselves, then we have news for you. Located at Ansal Plaza, Gram is a casual dining place which has been grabbing eyeballs and curious palates for the same.

Keep reading... Show less

Subscribe to our newsletter


Most Read