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HomeCommoditiesBig News: Petrol-Diesel price increases, know the burden on your pocket

Big News: Petrol-Diesel price increases, know the burden on your pocket

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Petrol Price Today: Government oil marketing companies have increased the prices of petrol and diesel from Monday 18-1-2021. After the price remained stable for three consecutive days, the prices of Diesel have been increased by 24 to 27 paise and Petrol prices have been increased by 23 to 25 paise.

Petrol Price Today:

Government oil marketing companies have increased the prices of petrol and diesel from Monday 18-1-2021. After the price remained stable for three consecutive days, the prices of Diesel have been increased by 24 to 27 paise and Petrol prices have been increased by 23 to 25 paise. After the increase in prices, petrol is available in Delhi at Rs 84.95 and diesel at Rs 75.13 per liter.

City Name Petrol Diesel

Delhi (Delhi) 84.95 75.13
Mumbai (Mumbai) 91.56 81.87
Chennai (Chennai) 87.63 80.43
Kolkata (Kolkata) 86.39 78.72
(Prices are in Rs per liter)




Prices change every morning Prices change every morning

The price of petrol and diesel changes at 6 am daily. The new rates are applicable from 6 o’clock in the morning. After adding excise duty, dealer commission and other things to the price of petrol diesel, its price almost doubles. Petrol and diesel prices change every day, depending on what the prices of crude are in the international market along with foreign exchange rates.

Check your city rate like this

You can find out the price of petrol diesel through SMS. Petrol diesel prices are updated daily at 6 am. According to the website of IndianOil, you have to type your city code with RSP and send SMS to the number 9224992249. Each city code is different. You can see this from the IOCL website. At the same time, you can know the price of petrol diesel in your city by sending a message to BPCL Customer RSP 9223112222 and HPCL Customer HPPrice by sending 9222201122 message.

Government earned good from petrol Government earned good from petrol

Excise duty collection: Though almost every type of tax collection has decreased due to corona virus epidemic, but excise duty collection (excise duty collection) has registered a strong increase of 48 percent during the current financial year. The reason for this is the record increase in Excise Duty rate on diesel and petrol. According to data from the Comptroller and Auditor General (CGA), PTI reported, Excise duty collection during April-November 2020 increased from Rs 1,32,899 crore to Rs 1,96,342 crore in the same period of 2019. .

Diesel is the most consumed fuel in India Diesel is the most consumed fuel in India

This increase in excise duty collection occurred during the eight-month period of the current financial year despite a decrease of over one crore tonnes in diesel sales. Diesel is the most consumed fuel in India. According to data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum, during April to November 2020, diesel sales fell to 49.4 million tonnes from 5.54 million tonnes a year earlier. During this time, the consumption of petrol also decreased from 2.04 million tonnes a year ago to 1.74 crore tonnes.

Also Read: PPF Account Holders: How to make a closed account of PPF operational, this process is very easy

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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