Petrol and Diesel Rate Today, 23 April- Fuel prices largely steady; Check rates in Delhi, Mumbai, other cities
时间:2024-06-26 12:55:26 阅读(143)
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol and diesel prices were constant on Sunday, 23 April across New Delhi, Kolkata, Mumbai, and Bengaluru. Petrol rates and diesel rates have been steady over the last ten months. However, individual cities see fluctuations in their price.
The prices of petrol and diesel change state by state, depending upon various criteria such as Value Added Tax (VAT), freight charges, local taxes, etc. The last country-wide change in fuel rates was on 21 May last year, when Finance Minister Nirmala Sitharaman slashed excise duty on petrol by Rs 8 per litre and Rs 6 per litre on diesel. Since the cut of excise duty by the central government in May 2022, some states have also reduced VAT prices on fuels, while some have imposed cess on petrol and diesel.
Public sector Oil Marketing Companies (OMCs) including Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise their prices daily in line with international benchmark prices and forex rates. Any changes in petrol and diesel costs are implemented from 6 am every day. Oil Minister Hardeep Singh Puri recently asked OMCs to cut the retail prices of petrol and diesel if the crude oil prices in the international market come down and also if OMCs under recovery come down. OMCs incurred a loss of Rs 21,200 crore on account of selling petrol and diesel below the cost price.
猜你喜欢
- Taiwan share market, South Korea’s Kospi ends in red on Monday, 19 Dec; check top gainers, losers here
- Sugar stocks jump up to 8% on fears of poor monsoon, low supply; Shree Renuka, Dhampur Sugar, EID Parry gain
- Tariff cut may boost India’s phone exports to $39 bn by 2027- ICEA
- Nifty, Sensex end with marginal gains as dollar falls, Bank Nifty hits new record high; Fed minutes eyed
- Symbiosis International (Deemed University) invites applications for UG programmes
- Stocks to watch- Zomato, HUDCO, Exide Industries, Lupin, Paytm, Kotak Mahindra Bank, Azad Engineering
- Nifty’s short-term trend is negative, 18,000 crucial support level; buy these two stocks to pocket gains
- Taiwan share market, South Korea’s Kospi concludes in green on Thursday, 22 Dec; Know top gainers, losers here
- Tax hike on petroleum- Crude oil production tax raised; diesel, jet fuel export tax cut by this much per litre