Petrol, Diesel Price Today, 17 Oct 2022: Fuel prices steady; Check rates in Delhi, Mumbai, other cities Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The price of petrol and diesel remained unchanged on 17 October 2022 (Monday), keeping costs steady for around four months now. The petrol rate and diesel rate in Delhi are at Rs 96.72 and Rs 89.62 per litre, respectively. In Mumbai, petrol is retailing at Rs 106.31 per litre and diesel at Rs 94.27 per litre. The last country-wide change in fuel prices came on 21 May this year, when Finance Minister Nirmala Sitharaman announced a cut in excise duty on petrol by Rs 8 per litre and Rs 6 per litre on diesel. Also read: USDINR: Fundamental, technical set-up remains bullish on higher top higher bottom formation; support at 81.95 Also read: MCX Gold December futures likely to rise to Rs 51600 per 10 gm on stronger demand amid festive season Petrol, diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, Gurugram Mumbai: Petrol price: Rs 106.31 per litre, Diesel price: 94.27 per litre Delhi: Petrol price: Rs 96.72 per litre, Diesel price: Rs 89.62 per litre Chennai: Petrol price: Rs 102.63 per litre, Diesel price: Rs 94.24 per litre Kolkata: Petrol price: Rs 106.03 per litre, Diesel price: Rs 92.76 per litre Bengaluru: Petrol: Rs 101.94 per litre, Diesel: Rs 87.89 per litre Lucknow: Petrol: Rs 96.57 per litre, Diesel: Rs 89.76 per litre Noida: Petrol: Rs 96.79 per litre, Diesel: Rs 89.96 per litre Gurugram: Petrol: Rs 97.18 per litre, Diesel: Rs 90.05 per litre Chandigarh: Petrol: Rs 96.20 per litre, Diesel: Rs 84.26 per litre Public sector OMCs including Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise the fuel prices daily in line with international benchmark prices and foreign exchange rates. Any changes in petrol and diesel prices are implemented from 6 am every day. Retail petrol and diesel prices differ from state to state because of local taxes like VAT or freight charges.
2. Warren Buffett talked about his business partner Charlie Munger in his letter. He said they both think alike but what it takes Warren Buffett a page to explain, Charlie Munger sums up in a sentence. Charlie Munger’s version, moreover, is always more clearly reasoned.
The lesson for investors: “I will add to Charlie’s list a rule of my own: Find a very smart high-grade partner – preferably slightly older than you – and then listen very carefully to what he says,” Warren Buffett said.
3. Warren Buffett emphasised that his long-time business partner Charlie Munger and he are business pickers, not stock pickers. He further said that efficient markets exist only in textbooks.
“We own publicly-traded stocks based on our expectations about their long-term business performance, not because we view them as vehicles for adroit purchases and sales. That point is crucial: Charlie and I are not stock-pickers; we are business pickers,” Warren Buffett said.