The Real Kashmir  News
No Result
View All Result
  • Home
  • News
    • Kashmir
    • Jammu
    • National
    • International
  • Opinion
  • Politics
  • Pride of Kashmir
  • Aqeedat
  • Kashmir Terror Archives
  • Fact Check
  • More
    • Geo Politics
    • National Security
    • Covid19 Updates
    • Sports
    • Social
    • Health
    • Environment
    • Culture and Tourism
  • Login
  • Home
  • News
    • Kashmir
    • Jammu
    • National
    • International
  • Opinion
  • Politics
  • Pride of Kashmir
  • Aqeedat
  • Kashmir Terror Archives
  • Fact Check
  • More
    • Geo Politics
    • National Security
    • Covid19 Updates
    • Sports
    • Social
    • Health
    • Environment
    • Culture and Tourism
No Result
View All Result
The Real Kashmir  News
No Result
View All Result
Home National

Petrol, Diesel price hiked again; petrol price nears Rs 99 in Mumbai

News Desk by News Desk
May 16, 2021
A A
0
Petrol, Diesel price hiked again; petrol price nears Rs 99 in Mumbai
0
SHARES
2
VIEWS
Share on Facebook

Petrol, diesel price hiked again; petrol price nears Rs 99 in Mumbai

RELATED POSTS

Easy ‘darshan’ for Amarnath Yatra pilgrims without any problem is priority of Modi govt: Amit Shah

WPI inflation at record high of 15.08% in April on price rise across all items

PM Modi to launch 5G Test Bed project today

New Delhi, May 16: Petrol price on Sunday was increased by 24 paise per litre and diesel by 27 paise, pushing rates across the country to record highs and that of petrol in Mumbai to near Rs 99 a litre.

The increase led to rates in Delhi climbing to Rs 92.58 per litre and diesel to Rs 83.22, according to a price notification of state-owned fuel retailers.

Rates had already crossed Rs 100-mark in several cities in Rajasthan, Madhya Pradesh and Maharashtra and with the latest increase, price in Mumbai too was inching towards that level.

A litre of petrol in Mumbai now comes for Rs 98.88 and diesel is priced at Rs 90.40 per litre.

Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. Rajasthan levies the highest value-added tax (VAT) on petrol in the country, followed by Madhya Pradesh and Maharashtra.

This is the ninth increase in prices since May 4 when the state-owned oil firms ended an 18-hiatus in rate revision they observed during assembly elections in states like West Bengal.

Sri Ganganagar district of Rajasthan had the costliest petrol and diesel in the country at Rs 103.52 per litre and Rs 95.99 a litre, respectively.

In nine increases, petrol price has risen by Rs 2.19 per litre and diesel by Rs 2.49.

Since March last year when the government raised excise duty on fuel to an all-time high, petrol price has increased by a record Rs 22.99 per litre (after accounting for a handful of occasions when rates fell) and diesel by Rs 20.93.

Oil companies, which have in recent months resorted to unexplained freeze in rate revision, had hit a pause button after cutting prices marginally on April 15. This coincided with electioneering hitting a peak to elect new governments in five states including West Bengal.

No sooner had voting ended, oil companies indicated an impending increase in retail prices in view of firming trend in international oil markets.

Central and state taxes make up for 60 per cent of the retail selling price of petrol and over 54 per cent of diesel. The union government levies Rs 32.90 per litre of excise duty on petrol and Rs 31.80 on diesel.

ShareTweetSendShareShareSend
Previous Post

PM Modi for door-to-door COVID testing in rural India

Next Post

Already had input about IED planted in Shopian: IGP

Related Posts

Excise duty cut on petrol, diesel sensitive decision, will give common man relief: Amit Shah
National

Easy ‘darshan’ for Amarnath Yatra pilgrims without any problem is priority of Modi govt: Amit Shah

May 17, 2022
WPI inflation at record high of 15.08% in April on price rise across all items
National

WPI inflation at record high of 15.08% in April on price rise across all items

May 17, 2022
PM meets UAE delegations, says investment proposals in J&K have reached Rs 38,000 cr
National

PM Modi to launch 5G Test Bed project today

May 17, 2022
China Building Infrastructure On India Border : Army
National

China Building Infrastructure On India Border : Army

May 17, 2022
Amit Shah to release District Good Governance Index for 20 districts of J-K tomorrow
National

Home Minister Amit Shah reviews J-K situation at high-level meeting

May 17, 2022
CBI books Karti Chidambaram for facilitating visa of Chinese nationals for illegal gratification
National

CBI books Karti Chidambaram for facilitating visa of Chinese nationals for illegal gratification

May 17, 2022
Next Post
The Real Kashmir News

Already had input about IED planted in Shopian: IGP

33 More Covid-19 Deaths In J&K, Toll 3122

33 More Covid-19 Deaths In J&K, Toll 3122

Please login to join discussion
ADVERTISEMENT

About

THE REAL KASHMIR news was founded in Srinagar, with a vision to promote positive news from the Kashmir valley. Covering first hand, all categories of news from different corners of Jammu and Kashmir as well as relevant national and international news stories. The real Kashmir is dedicated to providing unbiased stories that ‘NEED TO BE TOLD’….

News By Topic

  • Aqeedat
  • Bollywood
  • Business
  • Covid19 Updates
  • Culture and Tourism
  • Editors Pick
  • Environment
  • Fact Check
  • Geo Politics
  • Health
  • International
  • Jammu
  • Kashmir
  • Kashmir Terror Archives
  • Ladakh
  • National
  • National Security
  • Opinion
  • Photo of the Day
  • Politics
  • Pride of Kashmir
  • Science
  • Social
  • Sports
  • Technology
  • Travel
  • Urdu Tajzia

Company Info

  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy

© 2021 - The Real Kashmir News - Product of Zaberwan Multimedia Pvt. Ltd.

No Result
View All Result
  • Home
  • News
    • Kashmir
    • Jammu
    • National
    • International
  • Opinion
  • Politics
  • Pride of Kashmir
  • Aqeedat
  • Kashmir Terror Archives
  • Fact Check
  • More
    • Geo Politics
    • National Security
    • Covid19 Updates
    • Sports
    • Social
    • Health
    • Environment
    • Culture and Tourism

© 2021 - The Real Kashmir News - Product of Zaberwan Multimedia Pvt. Ltd.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Don`t copy text!