The fuel prices in India remain unchanged for more than two months now. In May, the central government cut down the excise duty which made the prices of both petrol and diesel drop by a marginal rate. The Union finance minister Nirmala Sitharaman announced on May 21 that the government has taken the decision to reduce the excise duty on petrol and diesel by Rs 8 and Rs 6 per litre, respectively. Although fuel prices were slashed, it continues to burn a hole in the common man’s pocket.
Read More: Tata Motors and Indian Bank partner to roll out car loan offers
On Thursday, July 28, the petrol in the national city, Delhi continues to retail at Rs 96.72 per litre whereas diesel price is Rs 89.62 per litre in the state. While the prices are below 100 in Delhi, even after the marginal reduction, the price of petrol in Mumbai remains at Rs 111.35 per litre and diesel at Rs 97.28 per litre. In Kolkata, the petrol price remains at Rs 106.03 per litre and the diesel price at Rs 92.76 per litre. Whereas, in Chennai, the petrol and diesel rates are Rs 102.63 and Rs 94.24 per litre, respectively.
Fuel prices depend upon several factors and the prices are revised regularly in India by public sector Oil Marketing Companies (OMCs) such as Hindustan Petroleum Corporation Ltd (HPCL), Indian Oil Corporation Ltd (IOCL), and Bharat Petroleum Corporation Ltd (BPCL). The petrol and diesel rates are influenced by international crude oil prices, foreign exchange rates, state taxes, VAT (Value Added Tax), and freight charges, among others.
Check Fuel Rates in Major Cities like Delhi, Mumbai, Chennai and Others:
Delhi
Petrol: Rs 96.72 per litre
Diesel: Rs 89.62 per litre
Mumbai
Petrol: Rs 111.35 per litre
Diesel: Rs 97.28 per litre
Kolkata
Petrol: Rs 106.03 per litre
Diesel: Rs 92.76 per litre
Chennai
Petrol: Rs 102.63 per litre
Diesel: Rs 94.24 per litre
Bhopal
Petrol: Rs 108.65 per litre
Diesel: Rs 93.90 per litre
Hyderabad
Petrol: Rs 109.66 per litre
Diesel: Rs 97.82 per litre
Bengaluru
Petrol: Rs 101.94 per litre
Diesel: Rs 87.89 per litre
Guwahati
Petrol: Rs 96.01 per litre
Diesel: Rs 83.94 per litre
Lucknow
Petrol: Rs 96.57 per litre
Diesel: Rs 89.76 per litre
Gandhinagar
Petrol: Rs 96.63 per litre
Diesel: Rs 92.38 per litre
Thiruvananthapuram
Petrol: Rs 107.71 per litre
Diesel: Rs 96.52 per litre.