Fuel charges in India: Petrol and diesel costs at this time on January 29. (Representative picture)
On January 29, the worth of petrol in Mumbai remained above the Rs 100 mark
Petrol, Diesel Prices Today On January 29, 2024: Each day at 6 am, the costs of petrol and diesel are disclosed, regardless of whether or not they’re experiencing fluctuations or remaining fixed. This every day occasion is a results of oil advertising and marketing firms (OMCs) adjusting costs in response to modifications in worldwide crude oil costs and overseas alternate charges.
Petrol Diesel Price News Today
Delhi Petrol Price Today
As of January 29, the price of petrol in Delhi is Rs 96.72 per litre.
Delhi Diesel Price Today
As of January 29, the price of diesel is priced at Rs 89.62 per litre.
Mumbai Petrol & Diesel Price
On January 29, the worth of petrol in Mumbai remained above the Rs 100 mark, standing at Rs 106.31 per litre, whereas diesel was obtainable at Rs 94.27 per litre.
Check metropolis-clever petrol and diesel costs on January 29;
| City | Petrol Price (Rs/litre) | Diesel Price (Rs/litre) |
| Chennai | 102.63 | 94.24 |
| Kolkata | 106.03 | 92.76 |
| Noida | 96.65 | 89.82 |
| Lucknow | 96.47 | 89.66 |
| Bengaluru | 101.94 | 87.89 |
| Hyderabad | 109.66 | 97.82 |
| Jaipur | 108.48 | 93.72 |
| Trivandrum | 109.42 | 98.24 |
| Bhubaneswar | 103.18 | 94.75 |
In India, the pricing of petrol and diesel is influenced by components akin to freight costs, worth-added tax (VAT), and native taxes, resulting in various charges from state to state.
The gasoline charges have remained unchanged since May 2022, when the central authorities and several other states lower gasoline taxes.
OMCs change gasoline retail costs every single day at 6 am by the worth of crude oil all through the world. Through excise tax, base pricing, and worth caps, the federal government controls gasoline costs.
Factors Affecting Petrol And Diesel Prices In IndiaÂ
Crude oil worth:Â Crude oil is the principle uncooked materials used to supply petrol and diesel, so its worth has a direct influence on the ultimate price of those fuels.
The alternate 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: The central and state governments levy a number of taxes on petrol and diesel. These taxes can range from state to state, and so they can have a big influence on the ultimate worth of petrol and diesel.
The price of refining: The price 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 range relying on a number of components, akin to 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 may well result in greater costs.
