गृहपृष्ठ ∕ Business ∕ Petro price hike to be withdrawn from midnight today Business Petro price hike to be withdrawn from midnight today KathmanduPati October 01, 2023 File Photo KATHMANDU – The Nepal Oil Corporation (NOC) has said its decision of increasing the price of petroleum products would be taken back from midnight today. NOC stated through a notice today that the decision to hike the price of petroleum products has been withdrawn to be effective from today in accordance with the directive of the government. A meeting of the Council of Ministers held today had instructed the NOC to immediately withdraw its decision of increasing the price of petroleum products, taking into consideration the imminent festivals and the interest of the general public. NOC spokesman Manoj Kumar Thakur said the decision to hike the price has been retracted and it would be adjusted from the money to be received from the price stabilization fund and the Government of Nepal. NOC on Saturday hiked the price of petrol and diesel by rupees six per litre, of kerosene by two rupees per litre and aviation fuel (both domestic and international) by eight rupees per litre. Similarly, the price of LP Gas was increased by Rs 215 per cylinder. The price of LPG had reached 2,110 per cylinder after the hike in price. Write your comments RELATED NEWS Today’s need is to unite communists: Prachanda NEB decides to conduct Grade 12 exams on scheduled date Brazilian football star Carlos in Nepal Gold price sets new record, being traded at Rs 197,900… 700 tourists arrive in Sagarmatha region in a single day Foreign Minister Rana chairs ESCAP 81st session Top Headlines Relevance of Prithivi Narayan Shah in Contemporary Nepal1 Scrutinizing Relevance of Prithivi Narayan Shah´s Thoughts and Strategy2 Photo exhibition at Nepal Army Headquarters3 NA team sets out on Gorakha-Kathmandu march to promote ‘unification route’4 Ncell is the FIRST Nepali Telecom Company to receive ISO 27001 and ISO 27701 certifications for information security and data privacy5 PM Oli, Sri Lankan’s former President meet6 PM Oli extends New Year greetings7 Gold price ups Rs 2,000 per tola8 TRENDING Once on the Margins, Women Diplomats Are Now Making Their Mark in Nepal’s Foreign Service Sector National Poet Madhav Prasad Ghimire no more Impact of Social Media on Nepalese Society Army Day : Five facts about Nepal’s ‘blue helmets’ in UN-peacekeeping missions Why Are Boys Unexpressive? Forbes-listed billionaire Binod Chaudhary tests positive for coronavirus Police make a woman public in connection to Gongabu murder case This time’s Teej, social distancing please!
