Petrol and diesel prices in India are rising at an alarming charge. The pattern adopted on Sunday as effectively, with the prices of petrol and diesel in Delhi rising by 24 paise and 27 paise per litre, respectively. Petrol and diesel prices have been hiked by 29 paise and 34 paise per litre, respectively, on Friday. Â
With the value hike, one-litre petrol now prices Rs 92.58 whereas one-litre diesel is retailing at Rs 83.22 in Delhi. However, in many locations throughout the nation, the value of petrol has crossed the Rs 100 mark. These cities are Sriganganagar, Indore, Bhopal, Rewa, Anuppur.Â
The main motive behind costly petrol in these cities is the rise in native taxes resembling value-added tax (VAT) and freight costs. In India, Rajasthan and Madhya Pradesh impose probably the most state tax on petrol and diesel.Â
Meanwhile, petrol prices are nearing the Rs 100 mark in Mumbai as effectively. On Sunday, petrol is retailing at Rs 98.88 per litre whereas diesel is promoting at Rs 90.40 in the monetary capital of India.Â
In Chennai, petrol is priced at Rs 94.31 per litre and diesel is promoting at Rs 88.07 per litre. The prices of petrol and diesel in Kolkata are Rs 92.67 and Rs 88.06 per litre, respectively.Â
Since May 4, that is the fifth enhance in the prices of petrol and diesel. It is vital to notice that petrol and diesel prices are revised every day in line with benchmark worldwide value and overseas alternate rates.Â