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Friday, July 9, 2021

Petrol, diesel prices hiked for seventh time this month. Check latest rates in your city today - Mint

In the seventh hike of this month, petrol got costlier by 35 paise in the national capital, while diesel rose by 26 paise, according to price notification by the oil retailers.

Taking a heavy toll on the consumers' wallets, petrol now costs 100.91 in Delhi, whereas diesel is retailing at 89.88. In India's financial capital Mumbai, petrol is being sold at 106.93 per litre, whereas diesel has reached 97.46 per litre.

Jammu, the winter capital of J&K, saw the auto fuel breach the psychological mark of 100 today. Other areas in the UT, including Srinagar, had already breached it earlier.

A litre of petrol is currently being sold for 100.21 in the city and diesel costs 90.44.

The fuel is also retailing above 100 in all metro cities.

Bhopal had in May become the first city to breach the 100-mark in petrol prices. It was followed by Jaipur, Mumbai, Hyderabad and Bengaluru.

Patna and Thiruvananthapuram saw petrol go past 100 in the last week of June whereas Chennai and Bhubaneshwar joined the list in the first week of July. The price climbed over 100 per litre in Kolkata and Delhi on Wednesday.

Petrol now costs over 100 in 18 states and UTs -- Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Jammu and Kashmir, Odisha, Ladakh, Bihar, Kerala, Tamil Nadu, Punjab, Sikkim, Delhi, West Bengal and Nagaland.

Diesel, the most used fuel in the country, has also crossed the psychological mark in some places of Rajasthan, Odisha and Madhya Pradesh.

The central and state taxes make up for 60% of the retail selling price of petrol and over 54% of diesel. Centre levies 32.90 per litre of excise duty on petrol and 31.80 a litre on diesel.

The difference in prices in states occurs on account of local taxes like VAT or freight charges.

Rajasthan levies the highest VAT on petrol and diesel in the country, followed by Madhya Pradesh, Maharashtra, Andhra Pradesh and Telangana.

Here are the latest rates in your city:

Delhi: Petrol prices – 100.91 per litre; diesel prices – 89.88 per litre

Mumbai: Petrol prices – 106.93 per litre; diesel prices – 97.46 per litre

Kolkata: Petrol prices – 101.01 per litre; diesel prices – 92.97 per litre

Chennai: Petrol prices – 101.67 per litre; diesel prices – 94.39 per litre

Bengaluru: Petrol prices – 104.29 per litre; diesel prices – 95.26 per litre

Hyderabad: Petrol prices – 104.86 per litre; diesel prices – 97.96 per litre

Thiruvananthapuram: Petrol prices – 102.89 per litre; diesel prices – 96.47 per litre

Jaipur: Petrol prices – 107.74 per litre; diesel prices – 99.02 per litre

Patna: Petrol prices – 103.18 per litre; diesel prices – 95.46 per litre

Chandigarh: Petrol prices – 97.04 per litre; diesel prices – 89.51 per litre

Bhopal: Petrol prices – 109.24 per litre; diesel prices – 98.67 per litre

Bhubaneswar: Petrol prices – 101.37 per litre; diesel prices – 97.67 per litre

Srinagar: Petrol prices – 103.77 per litre; diesel prices – 93.49 per litre

This was the 39th hike in fuel prices since 4 May, when oil companies revised the rates after observing an 18-day hiatus during assembly elections in five states and a UT.

Since then, the price of petrol has risen by 10.51 per litre and diesel by 9.09 a litre.

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Petrol, diesel prices hiked for seventh time this month. Check latest rates in your city today - Mint
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