petrol becomes expensive
Government oil companies have increased the prices of petrol and diesel for the fifth consecutive day. Today, the price of diesel has increased by 33 to 37 paise while that of petrol has increased by 26 to 30 paise. For the first time in Mumbai, the price of diesel has crossed Rs 100. Let us tell you that in Madhya Pradesh, Rajasthan, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Odisha, Jammu and Kashmir and Ladakh, the price of petrol has crossed Rs 100. Petrol price is highest in Mumbai.
Petrol Price Today (9 October 2021)
Petrol price in Delhi has gone up to Rs 103.84. At the same time, the price of diesel is Rs 92.35 per liter. The price of petrol in Mumbai is Rs 109.83 and the price of diesel is Rs 100.29 per liter. The price of petrol in Kolkata is Rs 104.23. Whereas, the price of diesel is Rs 95.58 a liter. Petrol in Chennai is Rs 101.27 a liter and diesel Rs 96.93 a liter.
Why petrol and diesel are getting expensive
International crude oil prices are increasing continuously. This has its effect on the Indian markets. Petrol and diesel prices are increasing not only in India but in the world markets. Petrol is the most expensive in the US in 7 years. After the year 2014, the price of one gallon of petrol in America has increased to close to $5.
According to a report, there is no hope of getting relief from crude oil prices at the moment. Because, demand from big countries like India and China remains intact. At the same time, the supply is not increasing that much. OPEC countries have talked about gradually increasing the production of crude oil.
RBI Governor also expressed concern over rising prices
RBI Governor Shaktikanta Das told in the press conference after the monetary policy review that apart from the tax on petrol and diesel, there are many other issues on which the government has to decide.
The government and the Reserve Bank keep talking on these issues continuously. We convey our concern to the government from time to time. He said that as far as petrol and diesel are concerned, we have expressed concern on this issue. Now the government has to decide on this. I can’t say anything more than this.
read this also-If you use credit card then keep in mind these 4 things, otherwise you will be in bad condition