Petrol and diesel prices on Tuesday, November 16, remained stable. This was the 13th consecutive day that the prices of the auto fuels were not hiked, after a record run until the eve of Diwali.
Earlier on November 4, the government had slashed excise duty on petrol and diesel to bring rates slightly down from the record-high levels.
The total incidence of taxes on petrol has come down to 50 per cent and that on diesel to 40 per cent following a reduction in excise duty by the central government, and by a slightly higher proportion in states that have also cut local sales tax or VAT on the fuel.
In the national capital, petrol is currently sold for Rs 103.97; while diesel rate stood at Rs 86.67, according to Indian Oil Corporation.
In Mumbai, petrol is retailed at Rs 109.98 per litre; while diesel is being sold at Rs 94.14 per litre.
In Kolkata, the price of petrol is presently Rs 104.67 per litre, while diesel is Rs 89.79 per litre.
A litre of petrol was sold in Chennai for the same price of Rs 101.40.
In Bengaluru, petrol is available at ₹100.58 per litre and diesel at ₹85.01 and in Hyderabad, one litre of petrol is now available at ₹108.20 and diesel cost ₹94.62 for one litre of diesel.
Also Read: Delhi Pollution: No improvement in air quality
The difference in the price of petrol and diesel in the states varies due to the tax and the cost of transportation imposed by the central and state government.
How to check petrol and diesel price in your city:
Indian Oil, Bharat Petroleum, and Hindustan Petroleum revise fuel rates daily, taking into account crude and rupee-dollar rates in international markets. Daily price changes for Petrol & Diesel are effected at 6 am every day.
To get the indicative prices of Petrol/Diesel in your city/town for the day, kindly SMS “RSP Dealer Code of Petrol Pump” to 92249 92249. For example, SMS “RSP 102072” to 92249 92249 for petrol and diesel prices in Delhi.
(For more updates stay tuned with DNP India)
