Fuel charges in India: Petrol and diesel costs right now on October 29. (Representative picture)
As of October 29, in Delhi, the worth of petrol stands at Rs 96.72 per liter, whereas diesel is priced at Rs 89.62 per liter.
Petrol, Diesel Prices Today On October 29: The costs of petrol and diesel are revealed day by day at 6 am, no matter whether or not they have undergone modifications or remained fixed. However, these costs differ throughout states on account of elements like worth-added tax (VAT), freight expenses, and native taxes.
Mumbai Petrol & Diesel Price
In Mumbai, petrol worth on October 29 continued to retail above Rs 100 mark at Rs 106.31 for a litre, whereas diesel was being bought at Rs 94.27 per litre.
Delhi Petrol Price
As of October 29, in Delhi, the worth of petrol stands at Rs 96.72 per liter, whereas diesel is priced at Rs 89.62 per liter.
Check metropolis-sensible Petrol and Diesel costs on October 29;
| City | Petrol Price (Rs/litre) | Diesel Price (Rs/litre) |
| Chennai | 102.74 | 94.24 |
| Kolkata | 106.03 | 92.76 |
| Noida | 96.59 | 89.93 |
| Lucknow | 96.57 | 89.76 |
| Bengaluru | 101.94 | 87.89 |
| Hyderabad | 109.66 | 97.82 |
| Jaipur | 108.48 | 93.72 |
| Trivandrum | 109.42 | 98.27 |
| Bhubaneswar | 103.04 | 94.76 |
In India, petrol and diesel costs are selected the idea of a number of elements resembling freight expenses, worth-added tax (VAT) and native taxes. This results in the charges being completely different from state to state.
The gas charges stay unchanged since May 2022, when the central authorities and several other states had lower gas taxes.
Oil Marketing Companies (OMCs) change gas retail costs day by day at 6 am in accordance with the worth of crude oil all through the world. Through excise tax, base pricing, and worth caps, authorities controls gas costs.
Factors Affecting Petrol And Diesel Prices In IndiaÂ
Crude oil worth:Â Crude oil is the primary uncooked materials used to provide petrol and diesel, so its worth has a direct affect on the ultimate value of those fuels.
Exchange price between the Indian rupee and the US greenback:Â India imports most of its crude oil, so the alternate price between the Indian rupee and the US greenback additionally impacts the worth of petrol and diesel.
Tax:Â The central and state governments levy various taxes on petrol and diesel. These taxes can differ from state to state, they usually can have a major affect on the ultimate worth of petrol and diesel.
The value of refining:Â The value of refining crude oil into petrol and diesel additionally impacts the ultimate worth of those fuels. The refining course of will be costly, and the price of refining can differ relying on various elements, resembling the kind of crude oil used and the effectivity of the refinery.
The demand for petrol and diesel:Â The demand for petrol and diesel may also have an effect on their costs. If demand for these fuels will increase, it will probably result in larger costs.
