After gasoline, diesel at almost 100 rupees in Rajasthan

After gasoline, diesel at almost 100 rupees in Rajasthan

NEW DELHI: After gasoline, diesel is now at nearly Rs 100 per liter in Rajasthan, as oil companies raised fuel prices again on Friday.
The price of gasoline rose by 29 paise per liter and diesel by 28 paise, according to a price notice from state fuel retailers.
The increase, on the 22nd from May 4, pushed fuel prices across the country to record highs.
Gasoline is retailed for over Rs 100 per liter in six states and union territories: Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana and Ladakh.
In Delhi, gasoline hit an all-time high of Rs 95.85 per liter, while diesel is now priced at Rs 86.75 per liter.
Fuel prices differ from state to state based on the incidence of local taxes, such as VAT and transportation costs.
The Sri Ganganagar district of Rajasthan, near the India-Pakistan border, has the most expensive fuel in the country: gasoline is priced at Rs 106.94 per liter and diesel at Rs 99.80. This small town was the first in the country to see the price of gasoline hit 100 rupees per liter in mid-February.
Premium or additive gasoline in the city sells for Rs 110.22 per liter and diesel of the same grade for Rs 103.47.
Rajasthan applies the highest VAT on gasoline and diesel in the country, followed by Madhya Pradesh, Maharashtra, Andhra Pradesh and Telangana.
Mumbai became the country’s first metro on May 29 where gasoline sold for more than 100 rupees a liter. Gasoline now costs Rs 102.04 a liter in the city and diesel costs Rs 94.15.
Friday’s hike was the 22nd price hike since May 4, when state oil companies ended an 18-day hiatus in reviewing rates they observed during assembly elections in states like West Bengal.
In 22 increases, the price of gasoline has risen by Rs 5.45 per liter and diesel by Rs 6.02 per liter.
Oil companies review gasoline and diesel rates on a daily basis based on the average price of reference fuel in the international market in the previous 15 days and exchange rates.



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