Diesel worth on Saturday breached the Rs 100 per litre mark in Rajasthan after one more improve in gasoline charges, which additionally led to Karnataka turning into the seventh state to file Rs 100 a litre petrol. Petrol worth was hiked by 27 paise per litre and diesel by 23 paise, based on a worth notification of state-owned gasoline retailers.
The hike — 23rd since Could 4 — pushed gasoline costs throughout the nation to new historic highs. In Delhi, petrol hit an all-time excessive of Rs 96.12 a litre, whereas diesel is now priced at Rs 86.98 per litre.
Gas costs differ from state to state relying on the incidence of native taxes resembling VAT and freight prices. And due to this petrol retails at over Rs 100 per litre mark in six states and union territories — Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana and Ladakh.
Karnataka bought added to that checklist with many locations within the state together with Bidar, Bellary, Koppal, Davanagere, Shimoga and Chakmangalur recording over Rs 100 per litre petrol. Petrol within the state capital Bengaluru is priced at Rs 99.39 per litre and a litre of diesel comes for Rs 92.27.
Sri Ganganagar district of Rajasthan close to the India-Pakistan border was the primary place within the nation to see petrol hit Rs 100 a litre mark in mid-February and on Saturday it additionally earned the excellence of diesel crossing that psychological mark. Petrol within the metropolis is bought at Rs 107.22 a litre – the very best fee within the nation, and diesel comes for Rs 100.05. Premium or additive laced petrol within the city sells for Rs 110.50 a litre and similar grade diesel at Rs 103.72. Rajasthan levies the very best VAT on petrol and diesel within the nation, adopted by Madhya Pradesh, Maharashtra, Andhra Pradesh and Telangana.
Mumbai on Could 29 grew to become the primary metro within the nation the place petrol was being bought at over Rs 100 a litre. Petrol now prices Rs 102.30 a litre within the metropolis and diesel comes for Rs 94.39.
After Leh, Srinagar too is witnessing close to Rs 100 a litre petrol (Rs 99.27). Hyderabad too is in the identical league with petrol costing Rs 99.96.
Petrol sells for Rs 101.73 a litre in Leh and diesel prices Rs 93.66.
The hike on Saturday was the 23rd improve in costs since Could 4, when state-owned oil corporations ended an 18-day hiatus in fee revision they noticed throughout meeting elections in states like West Bengal.
In 23 will increase, petrol worth has risen by Rs 5.72 per litre and diesel by Rs 6.25 a litre.
Oil corporations revise charges of petrol and diesel each day primarily based on the common worth of benchmark gasoline within the worldwide market within the previous 15 days, and international alternate charges.
Worldwide oil costs have firmed in current weeks in anticipation of demand restoration following the rollout of vaccination programme by numerous nations.