Petrol and diesel prices today: Check fuel rates in your city on March 21 - Hindustan Times
close_game
close_game

Petrol and diesel prices today: Check fuel rates in your city on March 21

By | Written by Shobhit Gupta
Mar 21, 2023 10:35 AM IST

Petrol and diesel prices: India plans to extend restrictions on the export of diesel and gasoline after the current fiscal year ends this month.

The petrol and diesel rates remained unchanged on Tuesday. Fuel prices in India are revised daily at 6 am after being decided by Oil Marketing Companies (OMCs). These companies revise the fuel prices based on the most recent market trends. The Central government regulates fuel prices through excise duty, base prices and cap prices.

The Central government regulates fuel prices through excise duty, base prices and cap prices.(Representative image/ istock)
The Central government regulates fuel prices through excise duty, base prices and cap prices.(Representative image/ istock)

Here are the fuel prices for top Indian cities on Tuesday:

Hindustan Times - your fastest source for breaking news! Read now.

CITYPETROL (Rs/LITRE)DIESEL (Rs/LITRE)
DELHI96.7289.62
MUMBAI106.3194.27
KOLKATA106.0392.76
CHENNAI102.6394.24
BENGALURU101.9487.89

Meanwhile, India plans to extend restrictions on the export of diesel and gasoline after the current fiscal year ends this month to ensure the availability of refined fuels for the domestic market, people aware with the development told Reuters. A new notification is expected this week or early next week, the source added.

The recent nationwide adjustment was made in May 2022 by Finance Minister Nirmala Sitharaman, who decreased the excise duty on petrol and diesel by 8 per litre and 6 per litre, respectively.

The price at which the petrol or diesel dealers or distributors buy from oil marketing companies+excise duty+dealer's commission+ value added tax levied by the state government= Petrol price.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
  • ABOUT THE AUTHOR
    author-default-90x90

    Follow the latest breaking news and developments from India and around the world with Hindustan Times' newsdesk. From politics and policies to the economy and the environment, from local issues to national events and global affairs, we've got you covered.

SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Thursday, March 28, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On