Report Wire

News at Another Perspective

Petrol and diesel costs unchanged for tenth straight day; right here’s what you pay in your metropolis immediately

2 min read

Petrol and diesel costs remained unchanged for the tenth consecutive day and continued to stay at their document highs throughout the nation on Tuesday, March 9, 2021. So far in March, there has not been any revision in auto gasoline costs. The costs had been final modified on Saturday, February 27, 2021, when petrol was hiked by 24 paise per litre and diesel value was raised by 15 paise within the nationwide capital.
The value of petrol in Delhi stands at Rs 91.17 per litre whereas diesel is on the market for Rs 81.47. In Mumbai, petrol is retailing at Rs 97.57, whereas diesel prices Rs 88.60, knowledge out there on Indian Oil Corporation’s web site confirmed.
Petrol had final month breached the Rs 100-mark in two locations in Rajasthan and Madhya Pradesh, which levy the very best VAT on the gasoline within the nation. In these two cities, the important thing auto gasoline remained regular at Rs 101.84 in Rajasthan’s Sri Ganganagar, whereas diesel was out there at Rs 93.77 per litre. In Madhya Pradesh’s Anuppur, petrol prices Rs 101.59 per litre and diesel is promoting for Rs 91.97.
During the primary two months of this 12 months, petrol has gone up by Rs 4.87 per litre whereas diesel charges have elevated by Rs 4.99 throughout this era.

Fuel costs differ from state to state as taxes get levied on them by each central in addition to state governments together with the freight prices. The central and state taxes make up for 60 per cent of the retail promoting value of petrol and over 54 per cent of diesel.
The central authorities levies Rs 32.90 per litre of excise obligation on petrol and Rs 31.80 a litre on diesel.
On Friday, Finance Minister Nirmala Sitharaman had acknowledged that customers have a case for petrol and diesel costs to be introduced down however mentioned a discount in taxes to make that occur must be a joint name of the central and state governments.
Fuel costs usually get revised every day in keeping with benchmark worldwide value and international change charges.

Globally, Oil costs rose on Tuesday on expectations of a restoration within the international financial system after US Senate approval of a $1.9 trillion stimulus invoice and on a probable drawdown in crude oil stock within the United States. But a stronger greenback and receding fears of oil provide disruption from Saudi Arabia after an assault on its oil amenities capped value positive factors, Reuters mentioned in a report earlier immediately.

Brent crude futures for May rose by 32 cents (0.5 per cent) to $68.56 a barrel by 0125 GMT, whereas US West Texas Intermediate (WTI) crude for April rose 19 cents (0.3 per cent) to $65.24, the report mentioned.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Tuesday, March 9, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
Sri Ganganagar
101.84
93.77
Anuppur
101.59
91.97
New Delhi
91.17
81.47
Mumbai
97.57
88.60
Kolkata
91.35
84.35
Chennai
93.11
86.45
Bengaluru
94.22
86.37
Hyderabad
94.79
88.86
Patna
93.48
86.73
Jaipur
97.72
89.98
Lucknow
89.31
81.85
Thiruvananthapuram
93.05
87.53
Source: Indian Oil Corporation