Petrol, diesel prices steady in many cities on Saturday

Petrol and diesel rates remained unchanged on Saturday for the second day after the central excise duty cut in many cities, including the national capital Delhi, Mumbai, and Kolkata.

In Delhi, a litre of petrol costs Rs 103.97, and a litre of diesel costs Rs 86.67. Petrol and diesel prices in financial capital Mumbai are Rs 109.98/litre and Rs 94.14/litre respectively.

In Kolkata and Chennai, petrol and diesel cost Rs 104.67 and Rs 89.79 and Rs 101.40 and Rs 91.43, respectively.

Petrol costs Rs 100.58 per litre in Bengaluru, while diesel costs Rs 85.01.

The central government had slashed excise duty on petrol and diesel prices by Rs 5 and Rs 10 on the eve of Diwali.

After the Centre’s move, 22 states/UTs, according to the Ministry of Petroleum and Natural Gas, have reduced their VAT on fuel and diesel to provide relief to consumers. 14 states/UTs have not implemented any VAT reductions in petrol and diesel.

Maharashtra, the National Capital Territory of Delhi, West Bengal, Tamil Nadu, Telangana, Andhra Pradesh, Kerala, the Andaman and Nicobar Islands, Jharkhand, Chattisgarh, Punjab, and Rajasthan are among them, the report said.