NEW DELHI: After a one-day hiatus, petrol and diesel prices Tuesday have been hiked again to new highs.
While charges weren't modified on Monday, a 10 paise in keeping with litre hike in petrol worth and a 9 paise a litre building up in diesel was effected Tuesday, according to a price notification of state-owned oil advertising companies.
Petrol in Delhi now costs Rs 82.16 in keeping with litre and diesel is priced at Rs 73.87 a litre.
In Mumbai, petrol priced touched an all-time top of Rs 89.54 in keeping with litre. It costs Rs 83.91 in Kolkata and Rs 85.31 in Chennai.
A litre of diesel in Mumbai costs Rs 78.42, Rs 75.53 in Kolkata and Rs 78 in Chennai, in step with the notification.
Delhi has the cheapest gasoline charges among all metros and maximum state capitals as a result of lower taxes. Mumbai has the easiest sales tax or worth added tax (VAT).
A combination of a dip in rupee worth towards the USA greenback and rise in crude oil prices has resulted in a spike in gasoline prices since mid-August. Petrol worth has since risen by Rs 5.02 in keeping with litre and diesel by Rs 5.15 -- essentially the most in any one-month length because the daily revision in gasoline prices was presented in June closing 12 months.
Rates range from city to city and from pump to pump relying on native taxes and transportation value.
The fatal cocktail of top oil prices and depreciating rupee has made imports more expensive and resulted in a surge in gasoline prices.
Price of Brent crude, benchmark for half the world's oil including India's, was hovering around USD 80 in keeping with barrel while rupee traded at 72.8112 to a US greenback Tuesday, nearing a report low of 72.9138 touched closing week.
India is 81 in keeping with cent import dependent to satisfy its oil needs.
While charges weren't modified on Monday, a 10 paise in keeping with litre hike in petrol worth and a 9 paise a litre building up in diesel was effected Tuesday, according to a price notification of state-owned oil advertising companies.
Petrol in Delhi now costs Rs 82.16 in keeping with litre and diesel is priced at Rs 73.87 a litre.
In Mumbai, petrol priced touched an all-time top of Rs 89.54 in keeping with litre. It costs Rs 83.91 in Kolkata and Rs 85.31 in Chennai.
A litre of diesel in Mumbai costs Rs 78.42, Rs 75.53 in Kolkata and Rs 78 in Chennai, in step with the notification.
Delhi has the cheapest gasoline charges among all metros and maximum state capitals as a result of lower taxes. Mumbai has the easiest sales tax or worth added tax (VAT).
A combination of a dip in rupee worth towards the USA greenback and rise in crude oil prices has resulted in a spike in gasoline prices since mid-August. Petrol worth has since risen by Rs 5.02 in keeping with litre and diesel by Rs 5.15 -- essentially the most in any one-month length because the daily revision in gasoline prices was presented in June closing 12 months.
Rates range from city to city and from pump to pump relying on native taxes and transportation value.
The fatal cocktail of top oil prices and depreciating rupee has made imports more expensive and resulted in a surge in gasoline prices.
Price of Brent crude, benchmark for half the world's oil including India's, was hovering around USD 80 in keeping with barrel while rupee traded at 72.8112 to a US greenback Tuesday, nearing a report low of 72.9138 touched closing week.
India is 81 in keeping with cent import dependent to satisfy its oil needs.
Petrol, diesel rates scale new highs on rising crude prices
![Petrol, diesel rates scale new highs on rising crude prices]()
Reviewed by Kailash
on
September 19, 2018
Rating:
