After being stable for a day, petrol and diesel prices have been hiked again on Friday. While petrol has become costlier by 28-29 paise, diesel has been increased by 34-35 paise across the country. The auto fuel prices have been raised for eighth time this month.
In Delhi, the petrol price was hiked by 29 paise while diesel by 29 paise, according to a price notification by state-owned fuel retailers. The hike took petrol rates in the national capital to ₹92.34 while diesel stood at ₹82.95 on Wednesday.
The rates continued to soar above ₹100 in some Madhya Pradesh cities and parts of Rajasthan. In Rajasthan’s Sri Ganganagar, petrol is costing people ₹103.27 while diesel ₹95.70.
MP’s Bhopal had on Wednesday earned the distinction of being the first state capital in the country to see petrol cross ₹100 mark. Petrol in the city now costs ₹100.38 a litre and diesel is retailing at 91.31.
Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise the fuel prices on a daily basis in line with benchmark international price and foreign exchange rates.
The price of auto fuel in India depends on international crude oil prices, rupee-dollar exchange rate. The central government and states levy various taxes — excise duty and Value Added Tax (VAT) on petrol and diesel. Central and state taxes make up for 60% of the retail selling price of petrol and over 54% of diesel.Dealer’s commission and freight charges are also added in the fuel price.
Here are the prices in your city
Mumbai: Petrol prices – ₹98.65 per litre; diesel prices – ₹90.11 per litre
Kolkata: Petrol prices – ₹92.44 per litre; diesel prices – ₹85.79 per litre
Chennai: Petrol prices – ₹94.19 per litre; diesel prices – ₹87.90 per litre
Bengaluru: Petrol prices – ₹95.41 per litre; diesel prices – ₹87.94 per litre
Hyderabad: Petrol prices – ₹95.97 per litre; diesel prices – ₹90.43 per litre
Thiruvananthapuram: Petrol prices – ₹94.14 per litre; diesel prices – ₹89.01 per litre
Jaipur: Petrol prices – ₹99.02 per litre; diesel prices – ₹91.80 per litre
Patna: Petrol prices – ₹94.69 per litre; diesel prices – ₹88.31 per litre
Chandigarh: Petrol prices – ₹88.82 per litre; diesel prices – ₹82.62 per litre
Noida: petrol prices– ₹90.27 per litre; diesel prices – ₹83.41 per litre