HomeCURRENT AFFAIRSBUSINESSPetrol and diesel prices unchanged for 29th consecutive day

Petrol and diesel prices unchanged for 29th consecutive day

Petrol and diesel prices remained unchanged for the 29th consecutive day on Wednesday, 01 December. The Centre had on the eve of Diwali, announced excise duty cut on fuels resulting in a sharp decrease in petrol and diesel prices across the country.

The government had cut the price of petrol by Rs 5 and that of diesel by Rs 10. Following this decision, several states, mostly ruled by National Democratic Alliance (NDA) and allies have also cut the Value Added Tax (VAT) on petrol and diesel prices.

Following this decision, several states, mostly ruled by National Democratic Alliance (NDA) and allies have also cut the Value Added Tax (VAT) on petrol and diesel prices.

Opposition-ruled Punjab and Rajasthan also followed the cue to announce the biggest reduction in petrol prices. Petrol price in Punjab was further reduced by as much as Rs 16.02 per litre and diesel by Rs 19.61 a litre as a result of the combined impact of the excise duty and VAT cut, according to price lists shared by state-owned fuel retailers. VAT on petrol price was cut by Rs 11.02 while that in diesel was cut by Rs 6.77 in the state. In Ladakh, diesel saw the most reduction as rates have come down by Rs 9.52 per litre. This is because of a cut in VAT on top of Rs 10 a litre fall in excise duty.

Petrol Price in Indian Metro Cities

New Delhi ‘ 103.97
Kolkata ‘ 104.67
Mumbai ‘ 109.98
Chennai ‘ 101.40
Gurgaon ‘ 95.90
Noida ‘ 95.37
Bangalore ‘ 100.58
Bhubaneswar ‘ 101.61
Chandigarh ‘ 94.23
Hyderabad ‘ 108.20
Jaipur ‘ 107.15
Lucknow ‘ 95.28
Patna ‘ 106.52
Trivandrum ‘ 106.65

Diesel Price in Indian Metro Cities

New Delhi ‘ 86.67
Kolkata ‘ 89.79
Mumbai ‘ 94.14
Chennai ‘ 91.43
Gurgaon ‘ 87.11
Noida ‘ 86.88
Bangalore ‘ 85.01
Bhubaneswar ‘ 91.43
Chandigarh ‘ 80.90
Hyderabad ‘ 94.62
Jaipur ‘ 90.78
Lucknow ‘ 86.80
Patna ‘ 91.67
Trivandrum ‘ 93.75

Also Read: Amit Shah to visit Rajasthan on 4 December

The difference in the price of fuel in the states are 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 fuel 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 fuel prices in Delhi.

(For more updates stay tuned with DNP India)

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