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The prices of Petrol and diesel has remained unchanged On Thursday February 2, across the country. The fuel prices remained stable for more than seven months. State-owned oil companies, keen to make up for the losses they suffered in the previous quarters.
Despite a decline in the price of crude oil on the global market, Indian Oil Companies have not announced any modification in the price of the two main motor fuels. Following the presentation of the Union Budget 2023 in Parliament on Wednesday, February 1, the price of Petrol and diesel remained unchanged. There has been a price freeze since the Center decreased the excise duty on Petrol and diesel on May 21, 2022.
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The Union Budget for 2023-24 announced investment of Rs 30,000 crore to state-owned fuel retailers to make up for the massive losses they ran because of holding petrol and diesel prices despite rise in cost in a bid to help the government contain inflation.
- Petrol Price In Jammu And Kashmir Today : The price of Petrol in Jammu And Kashmir is at Rs 99.805 per litre Today.
- Diesel Price In Jammu And Kashmir Today: The price of Diesel in Jammu And Kashmir is at Rs 85.145 per litre Today.(Economic Times)
Prices of petrol and diesel in other cities
Delhi
- Petrol: Rs 96.72 per litre
- Diesel: Rs 89.62 per litre
Chennai
- Petrol: Rs 102.74 per litre
- Diesel: Rs 94.33 per litre
Kolkata
- Petrol: Rs 106.03 per litre
- Diesel: Rs 92.76 per litre
Mumbai
- Petrol: Rs 106.31 per litre
- Diesel: Rs 94.27 per litre
Bengaluru
- Petrol: Rs 101.94 per litre
- Diesel: Rs 87.89 per litre
Lucknow
- Petrol: Rs 96.62 per litre
- Diesel: Rs 89.76 per litre
Hyderabad
- Petrol: Rs 109.66 per litre
- Diesel: Rs 97.82 per litre
Bhopal
- Petrol: Rs 108.65 per litre
- Diesel: Rs 93.90 per litre
Gandhinagar
- Petrol: Rs 96.63 per litre
- Diesel: Rs 92.38 per litre
Guwahati
- Petrol: Rs 96.01 per litre
- Diesel: Rs 83.94 per litre
Thiruvananthapuram
- Petrol: Rs 107.71 per litre
- Diesel: Rs 96.52 per litre
Any modifications to the price of gasoline and diesel are announced every day at 06:00 am. Various factors, such as Value Added Tax (VAT), freight expenses, local taxes, and others, have an impact on the variations in fuel prices from state to state.
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( With inputs from : kashmirnews.in )
