Petrol – Diesel Price Hike: India sees 34th Rise in Fuel Prices

On Sunday, gasoline and diesel prices were raised once further, with Kolkata poised to surpass the century milestone.

On Sunday, diesel prices in some parts of Madhya Pradesh reached Rs 100 per litre, while Sikkim had become the latest state to hit Rs 100 per litre petrol prices following yet another increase in fuel prices. As per a price announcement from government fuel merchants, the price of petrol has increased by 35 paise per litre and the price of diesel has climbed by 18 paise per litre.

The hike, the 34th in gasoline and the 33rd in diesel in two months, drove prices to new highs across the nation. Petrol currently costs Rs 99.51 per litre in Delhi, while diesel costs Rs 89.36 per litre. State taxes such as value-added tax (VAT) and fares affect fuel prices, which vary by state.

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As a result, fuel prices in Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Jammu and Kashmir, Odisha, Tamil Nadu, Kerala, Bihar, Punjab, and Ladakh have exceeded Rs 100 per litre.

Fuel prices have exceeded Rs 100 per litre in Mumbai, Chennai, Bengaluru, Hyderabad, and Pune, and have passed the mark of Rs 99 in Delhi and Kolkata.

Diesel prices have breached Rs 100 per litre in Sri Ganganagar and Hanumangarh in Rajasthan, including in several parts of Odisha. And even those levels were seen in Madhya Pradesh on Sunday in Rewa, Shahdol, and Balaghat.

Gasoline prices are up by Rs 9.11 per litre in 34 rises. In 33 price increases, diesel costs have jumped by Rs 8.63 per gallon.