Petrol and diesel prices remained unchanged on September 15 across the country, state-run oil companies notified. Petrol price in Delhi was unchanged at Rs 101.19 per litre, while diesel was at Rs 88.62 per litre. In Mumbai, a litre of petrol will cost Rs 107.26 and diesel Rs 96.19. Currently, fuel prices are highest in Mumbai among all metro cities. In Kolkata, a litre of petrol and diesel prices will cost Rs 101.62 and Rs 91.71 respectively.
Petrol price have already breached Rs 100-mark in major cities. On August 13, the Tamil Nadu government had announced a reduction in the petrol cess by Rs 3 during the state-level budget session. This was done to bring down the skyrocketing prices. The move will cost the state treasury close to Rs 1,160 crore.
Petrol prices have been hiked 41 times in the current fiscal.
Petrol prices in Chennai will cost Rs 98.96, while diesel prices will cost Rs 93.26. In Bengaluru, a litre of petrol will cost Rs 104.70 and diesel Rs94.04. In Hyderabad, a litre of petrol and diesel will cost Rs 105.26 and Rs 96.69 respectively.
In Vijayawada, petrol price costs Rs 107.07, while diesel price is being retailed at Rs 98.04 respectively. Currently, Vijayawada has the highest fuel prices among all South Indian cities. Petrol and diesel prices in Visakhapatnam were being retailed at Rs 106.22 and Rs 97.19.
Petrol prices have already crossed the Rs 100-mark in more than 20 states and union territories – Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Jammu & Kashmir, Odisha, Manipur, Ladakh, Bihar, Punjab and others. Petrol and diesel prices get revised in India every day at 6 am.
|City||Petrol (Rs/Litre)||Diesel (Rs/Litre)|
(Follow Money9 for latest Personal finance stories and Market Updates)
These nudges may seem insignificant at start, but once applied may prove powerful enough to achieve the impossible
Govt must procure just as much as it needs to meet requirements of consumers entitled to rationed grains plus a buffer for contingencies like Covid-19
One of the key issues with MSPs is that they distort production decisions as many farmers grow wheat because of the assured returns on its cultivation
Small savings banks & their participation will most certainly lead to greater competition in the space — and this competition may lead to consequences