Fuel prices in Mumbai see new highs: Petrol now costs Rs 94.36, diesel Rs 84.94 per litre
by Mumbai Mirror · Mumbai MirrorFuel prices see new highs as rates have increased for the third consecutive day
Petrol and diesel prices have seen a hike for the third straight day on Thursday.
Petrol price was hiked by 25 paise per litre and diesel by 31 paise a litre.
In Mumbai, the increase took petrol price to an all-time high of Rs 94.36 a litre and diesel to Rs 84.94/ litre.
Diesel rates rose to Rs 78.03 per litre in the national capital and petrol to an all-time high of Rs 87.85.
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Petrol and diesel prices have increased 15 times in 2021.
So far this year, prices of fuel have risen by around Rs 4 per litre.
Fuel rates vary from state to state depending on the local incidence of taxation (VAT) and freight.
Oil Minister Dharmendra Pradhan in Rajya Sabha said the government is not considering a reduction in excise duty to cool rates from their record highs.
For diesel, the central excise adds up to Rs 31.83 and VAT to Rs 10.99, he had said.
Besides, the price includes a dealer commission of a minimum Rs 2.6 per litre on petrol and Rs 2 on diesel.
Photos: Major fire breaks out at LPG cylinder godown in Versova
Eight fire engines and seven jumbo water tankers were rushed to the site. The fire department had announced this to be a level 2 fire incident. This is the fourth incident reported in the last 24 hours.
The incident took place near the Anjuman school area on Yari road at around 10.06 am. However, the exact reason for the incident is yet to be ascertained.