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Fuel price rise: After petrol, diesel crosses Rs 100-mark – Times of India


NEW DELHI: With fuel prices rising for the 23rd time since May 4, petrol and diesel rates across many states have risen to historic highs.
After petrol, diesel prices crossed Rs 100-mark in a city in Rajasthan as oil marketing companies (OMCs) raised fuel prices yet gain on Saturday.
Sri Ganganagar, a small city in northernmost part of Rajasthan has become the first city in the country where retail prices of both petrol and diesel have now breached the Rs 100-mark.
The city already had the distinction of having the highest pump price of petrol across the country at Rs 107.23 a litre. With diesel prices increasing by another 25 paisa per litre, it is now priced at Rs 100.06 a litre.

States crossing the Rs 100-mark
Premium fuels have already been above the Rs 100-mark in several cities for past few months.
Prices of petrol and diesel rose by 22-32 paise per litre across the country on Saturday.
At present, petrol prices are relling above the Rs 100-mark in almost six states and union territories, namely, Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telengana and Ladakh.

In the past couple of weeks, OMCs have consistently revised prices upwards leading to rise in retail prices of fuel.
Rates across major states
Fuel prices differ from state to state depending on the incidence of local taxes like VAT and freight charges.
Following the latest increase, price of petrol rose by 27 paise per litre and that of diesel jumped by 23 paise per litre to touch Rs 96.12 and Rs 86.98 per litre, respectively in Delhi.
In Mumbai, where petrol prices crossed Rs 100-mark for the first time ever on May 29, the fuel price reached new high of Rs 102.36 per litre on Saturday. Diesel prices also increased in the city to reach Rs 94.45 a litre, the highest among metros.
Central taxes on petrol have doubled in the last seven years, while on diesel they increased almost eight fold.
Rajasthan levies the highest VAT on petrol and diesel in the country, followed by Madhya Pradesh, Maharashtra, Andhra Pradesh and Telangana.
(With inputs from agencies)





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