Now, diesel to cross 100 bucks a litre

The highest prices of petrol and diesel in the country are Rs. 106.94 and Rs. 99.80 per litre, respectively, in the Sri Ganganagar district of Rajasthan.

Petrol has been selling at a price of more than Rs. 100 per litre in six states and union territories in India including Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana and Ladakh. Now, it is the turn of diesel to cross the Rs. 100 per litre mark.

In Rajasthan, the price of a litre of diesel has touched Rs. 99.80 after oil companies raised fuel prices on Friday. While the price of petrol was hiked by 29 paise per litre, that of diesel was increased by 28 paise. Since May 4, 2021, oil companies have hiked fuel prices 22 times. The price of petrol has increased by Rs. 5.45 per litre and diesel by Rs 6.02 per litre. The highest prices of petrol and diesel in the country are Rs. 106.94 and Rs. 99.80 per litre, respectively, in the Sri Ganganagar district of Rajasthan.

Over the last seven years, the Government of India has hiked taxes on petrol by two times and on diesel by almost eight times. Among the states, Rajasthan levies the maximum VAT on fuel with Madhya Pradesh, Maharashtra, Andhra Pradesh and Telangana following.

On May 29, Mumbai became the first metro city in India to sell petrol at a price of more than Rs 100 per litre.

Source: Times of India