Petrol, diesel prices rise after two-day pause | Check revised rates
Business | February 23, 2021 10:19 ISTThe petrol and diesel prices have increased 25 times in 2021 with the two auto fuels increasing by over Rs 7 each per litre.
The petrol and diesel prices have increased 25 times in 2021 with the two auto fuels increasing by over Rs 7 each per litre.
Congress will raise the issue of increased prices of petrol and diesel in the upcoming Parliament session, said Congress leader Mallikarjun Kharge on Feb 22.
The local crime branch received information that a gang from Maharashtra's Osmanabad district was involved in this.
After Rajasthan, petrol price crossed Rs 100 per litre mark in Madhya Pradesh's Anuppur district on February 18. Premium petrol which attracts higher taxes, had crossed Rs 100 mark in states like Rajasthan, Madhya Pradesh and Maharashtra.
The new retail price of petrol will be Rs 85.86 from its current price of Rs 91.26, while the new retail price of diesel will be Rs 79.13 from its present rate of Rs 86.23 in the state capital, Sangma said after a review meeting he held with his cabinet colleagues and senior government officials.
Petrol price in Delhi inched closer to Rs 90 per litre as the fuel price is seeing a continuous surge.
Petrol prices with additives has crossed broken the psychological Rs 100 per litre mark in different parts of the country as oil marketing companies continue with their daily price hike for auto fuels in wake of heated up global oil market.
Petrol and diesel prices have gone up in the country, for the seventh day on February 15. Petrol price stood at Rs 88.99/litre (increase by Rs 0.26), while Diesel price are at Rs 79.35/litre (increase by Rs 0.29) in the national capital. Meanwhile, Congress workers observed a six-hour-long statewide bandh and staged 'rail roko' agitation in protest against the rise in fuel prices today. Today, the petrol and diesel prices in Bhubaneswar are at Rs 89.69 per litre and Rs 86.47 per litre respectively.
Petrol and diesel prices have gone up in Madhya Pradesh and stood at Rs 96.69 and Rs 87.20 per litre respectively on February 14.As compared to yesterday, the price of petrol has become costlier by 0.32 paise while diesel price increased by 0.4 paise.
Dharmendra Pradhan said that petrol and diesel prices are governed by an international price mechanism.
Petrol and diesel prices on Tuesday climbed to fresh highs in the country as rates were hiked after a three-day hiatus.
Petrol and diesel prices in Delhi touched new all-time highs on Thursday with oil marketing companies (OMCs) raising pump prices by 35 paise a litre.
The government on Monday imposed agriculture and infrastructure development cess at the rate of Rs 2.5 per litre on petrol and Rs 4 per litre on diesel to mobilise additional resources required for massive investment required in these two key segments of the economy that hold the key to bringing back the country on the path of growth.
The Rajasthan government has reduces VAT on diesel and petrol by 2 per cent each. After the reduction, 36 per cent VAT applicable on petrol and 26 per cent on diesel.
Last year the government had set a target of reaching 10 per cent ethanol-blending by 2022 (10 per cent of ethanol mixed with 90 per cent of petrol) - and 20 per cent by 2030.
Across the country, the fuel prices increased sharply but its rise at retail level varied state-to-state depending on the quantum of taxes in each state.
Petrol price on Tuesday edged past Rs 86 a litre mark in the national capital and diesel soared above Rs 76 after rates witnessed maximum increase in the last one year.
Petrol and diesel prices on Saturday surged again in India and Bhopal witnessed hike in the rates of fuels with ₹93.59 per litre and Rs 83.85 per litre respectively.
Fuel prices touched a new high on Wednesday after oil marketing companies decided to break the momentary pause in the wake of a sudden spike in the global oil prices.
Oil marketing companies continued to hold back any change in retail price of petrol and diesel continuing with their wait and watch stance that has kept the prices of two auto fuels static for past 12 days.
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