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Petrol Diesel Today Price :
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Diesel-Petrol Price Today: तेल कंपनियों ने आज शनिवार को एक बार फिर से पेट्रोल डीजल की कीमतों (Diesel-Petrol Price) में भारी बढ़ोतरी की है. पहले से ही देश के कई शहरों में पेट्रोल की कीमतें 100 रुपये के पार हैं, ऐसे में अब डीजल के रेट भी शतà ....

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As prices skyrocket, some states cut taxes on petrol and diesel


As prices skyrocket, some states cut taxes on petrol and diesel
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(REUTERS)
The current petrol price break-up in Delhi shows that 60% of the retail price is excise duty and value-added tax (VAT)
Reserve Bank of India governor Shaktikanta Das has called for reduced indirect taxes on petrol and diesel to contain the fuel prices at a reasonable level
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Amid rising fuel prices and subsequent uproar, five states have decided to cut down taxes on petrol, diesel and other motor spirits to provide relief to customers.
These are the states that have reduced taxes
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Politics of Inflammatory Oil Price Rise


 
Why do oil prices always go up but hardly ever come down? It is a riddle that both puzzles and irks most people. And this has been especially so since oil companies have been allowed to fix prices on a daily basis since June 2017 to reflect global price trends. And the current spike has been particularly severe as petrol and diesel prices have unremittingly soared by around 29% in less than a year. In Delhi, the capital city, retail prices of petrol and diesel went up from a low of `69.6 and `62.3 per litre in mid-April 2020 to touch a high of `89.9 and `80.3 by mid-February 2021. ­Normally, retail oil prices fluctuate up and down every few weeks or in one or two months. But this time, the upswing has been lengthy as the price of oil imports has steadily shot up from $19.9 per barrel in April 2020 to a high of $54.8 in January 2021, claim the oil companies. ....

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Fuel Prices At Fresh Highs; Petrol Price Rises To Rs 87.6, Diesel At Rs 77.73 In Delhi

Petrol and diesel prices were hiked by 30 paise per litre and 25 paise per litre, respectively in Delhi, according to price notification of state-owned fuel retailers. ....

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Petrol prices in India touch a new high yet again


Petrol prices in India touch a new high yet again
Updated Jan 18, 2021 | 11:06 IST
Given the sky-rocketing fuel prices in India, there have been increasing demands for a reduction in taxes on transportation fuels.
Petrol prices in India touch a new high yet again 
Petrol prices touched yet another record high on Monday, thanks to Indian oil marketing companies increasing fuel prices yet again. Today, the OMCs in the country hiked fuel prices in India by 25 paise per litre each, i.e. both petrol and diesel are now both expensive by 25 paise/litre. In the national capital, this increase means petrol is now retailing at ₹84.95 per litre, while diesel is being sold at ₹75.13 per litre. This is a record high fuel price in the Delhi NCR region. This increase is a direct consequence of the increase in global fuel prices, which was further buoyed by the initiation of the coronavirus vaccination drives across the globe.  ....

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