Petrol Diesel Price Today 10 October: आज देश के कुछ राज्यों में पेट्रोल और डीजल की कीमतों में गिरावट देखने को मिली है। महाराष्ट्र में पेट्रोल 0.49 रुपये गिरकर 106.36 रुपये प्रति लीटर और डीजल 0.45 रुपये गिरकर 92.88 रुपये प्रति लीटर पर आ गया है। वहीं, मध्य प्रदेश में पेट्रोल 0.27 रुपये गिरकर 109.43 रुपये प्रति लीटर और डीजल 0.24 रुपये गिरकर 95 रुपये प्रति लीटर पर आ गया है। उत्तर प्रदेश में पेट्रोल 28 पैसे सस्ता होकर 96.35 रुपये प्रति लीटर और डीजल 89.52 रुपये प्रति लीटर पर पहुंच गया है। वहीं, गुजरात, झारखंड में कीमत में बढ़ोतरी देखने को मिली है। देश के चारों महानगरों में कीमतों में बदलाव नहीं हुआ है। Show
क्रूड ऑयल के दाम बढ़े शुक्रवार को ग्लोबल बाजार में कच्चे तेल की कीमतों में गिरावट नजर आई। ब्रेंट क्रूड का भाव बढ़कर 97.74 डॉलर प्रति बैरल पर आ गया है। वहीं, डब्ल्यूटीआई 92.34 डॉलर प्रति बैरल पर पहुंच गया। महानगरों में यह रहा दाम दिल्ली में पेट्रोल की कीमत 96.72 रुपये प्रति लीटर है जबकि डीजल की कीमत 89.62 रुपये प्रति लीटर है। इस बीच, मुंबई में पेट्रोल और डीजल क्रमश: 106.31 रुपये और 94.27 रुपये प्रति लीटर पर बिक रहा है। जबकि, चेन्नई में पेट्रोल 102.63 रुपये प्रति लीटर और डीजल 94.24 रुपये प्रति लीटर पर बिक रहा है। कोलकाता में पेट्रोल की कीमत 106.03 रुपये प्रति लीटर और डीजल की कीमत 92.76 रुपये प्रति लीटर है। रोज सुबह तय होती हैं कीमतें भारत पेट्रोलियम कॉर्पोरेशन लिमिटेड, इंडियन ऑयल कॉर्पोरेशन लिमिटेड और हिंदुस्तान पेट्रोलियम कॉर्पोरेशन लिमिटेड जैसी पब्लिक सेक्टर कंपनी रोजाना सुबह 6 बजे ईंधन की कीमतों को रिवाइज करती है। नया रेट वैट, लोकल टैक्स और माल ढुलाई टैक्स सहित फैक्टर को ध्यान में रखकर तय किया जाता है। Petrol price in Madhya Pradesh Today is calculated under the ‘Dynamic Fuel Pricing’ method. Here, you can check the current petrol price in Madhya Pradesh. Find today's petrol price with quarterly price trends in Madhya Pradesh. New petrol prices in Madhya Pradesh are updated by state-controlled oil companies daily at 6:00 am IST. Know how petrol prices in Madhya Pradesh are calculated and how prices compare to other states. Also, find the current Madhya Pradesh petrol price and factors which affect petrol prices in India. Additionally, you can check the highest and lowest petrol prices recorded during a month. More Petrol Price In Madhya PradeshThere are multiple factors that affect the petrol price in Madhya Pradesh. Though crude oil is one of the key components when it comes to fuel pricing, this isn’t the only deciding factor. There are a few other aspects as well, which conclude the rates. To help you comprehend the fuel pricing system in India and learn how it affects in a state like Madhya Pradesh, read the article further. But before that here is a quick introduction to Madhya Pradesh’s economic and industrial growth. Madhya Pradesh is one of the most commonly known Agrarian states in India. Approximately, 74% of its population is entirely dependent on agriculture and farming. However, it is one of the fast-growing Indian states. Until 2003, the state was regarded as India’s “sickest economies” during the tenure of Chief Minister – Digvijay Singh. But after the year 2005, the state saw consistent growth and reached to India’s best-performing states in GDP growth. In fact, in January 2013, the state was honored with an award from Pranab Mukherjee, the President of India for developing its medical, tourism, infrastructure, and industrial growth. The state is the central part of India and has abundant natural resources, biodiversity, agriculture, fuels, and minerals. Its immense food parks and industry parks help promote sectoral growth. Factors That Affect Petrol Price In Madhya PradeshIt will not be an exaggeration to state that fuel rates in India affect an Indian resident either indirectly or directly. Since the deregulation, the fuel prices change on a fortnight basis and this involves various factors. Although a major population of India keeps track of the prices of commodities like petrol and diesel on a daily basis, a lot are not that aware or familiar about their pricing structure or elements that make up their retail prices. Considering this, here’s exactly what you need to read: 1. The Price Of The Crude OilPetrol’s RSP (Retail Selling Price) is decided based on various factors. However, an important key component is “crude oil.” It is one of the vital raw materials to extract fuel. Since 75% of the crude oil requirements in India relies upon import, it is refined and transported. This, of course, comprises of cost charges, freight charges, and refinery charges. All these together give the price of the crude oil, which is termed as RTP (Refinery Transfer Price). In short, this is the cost that Indian OMCs (Oil Marketing Companies) like HPCL (Hindustan Petroleum Corporation Limited), IOCL (Indian Oil Corporation Limited), and BPCL (Bharat Petroleum Corporation Limited) pay to the refineries that they import from. The Oil Marketing Companies retain some amount of margin before selling it to the dealers. 2. TaxesThough there are various types of taxes involved for fuel, they are broadly classified into two types:
The above two tax types are added to the fuel rates that are set for the dealers. However, the VAT varies from one state to the other and keeps revising. All these together make up the RSP (Retail Selling Price) of the fuel. However, there may be variations based on the region and the pumps owned by different Oil Marketing Companies. These minor variations in prices are due to the differences in dealer commissions and other profit margins. 3. DemandAs a rule of thumb, an increase in demand directly affects a commodity’s price. As far as the Asian continent is considered, and residing in a developing nation like India, fuel demand is always high. However, there are times when this demand gets even higher. Such are the times when the petrol prices also incline. Quarterly Petrol Price Trend in Madhya Pradesh Between January and March 2019
Quarterly Petrol Price Trend in Madhya Pradesh Between October and December 2018
Petrol Price Trend in Madhya Pradesh Between October and December 2018
Quarterly Petrol Price Trend in Madhya Pradesh between July and September 2018
Petrol Price Trend in Madhya Pradesh in July 2018
Petrol Price in Madhya Pradesh in August 2018
Petrol Price Trend in Madhya Pradesh in September 2018
Quarterly Petrol Price Trend in Madhya Pradesh between April and June 2018
Petrol Price Trend in Madhya Pradesh in April 2018
Petrol Price Trend in Madhya Pradesh in May 2018
Petrol Price Trend in Madhya Pradesh in June 2018
Quarterly Petrol Price Trend In Madhya Pradesh Between January 2018 and March 2018
Trend in Petrol Price in Madhya Pradesh in January 2018
Trend in Petrol Rate in Madhya Pradesh in February 2018
Trend in Petrol Price in Madhya Pradesh in March 2018
Who Controls The Fuel Rates In India?No one controls the diesel or petrol prices in India. It all comes down to the market performance. Undoubtedly, the state and central taxes play a key role in the overall demand but it does pressurize the prices. Nevertheless, there is no one controlling it directly. However, this wasn’t the case before. Thanks to the recently implemented mechanism called “dynamic fuel pricing system” in India. Earlier, both diesel and petrol prices were controlled via government subsidy. In fact, the fuel subsidies burnt a big hole in the Indian Government’s pocket whenever the crude oil rates went high after the Iraq invasion in 2003. To reduce the subsidy bill of GOI (Government of India), petrol prices were deregulated in the year 2010 and diesel rates in the year 2014. Therefore, the prices are determined based on the market trends and the supply-demand chain. Overall, the fuel prices in India comprises of the following components:
Before June 16, 2017, the petrol prices in India were updated on a fortnight basis, meaning that based on the market performance of the previous day, the rates were modified on the first and sixteenth day for each month at 8:00 a.m. However, this not only incurred a lot of losses to the oil marketing companies but also the governments could easily influence or affect them. To prevent all the drawbacks and to bring in better transparency in the system, the mechanism of “dynamic fuel pricing” was implemented. What Is Dynamic Fuel Pricing?The concept of Dynamic Fuel Pricing is something that is not only implemented in India but is also a mechanism that most developed countries follow. As per this system, the fuel prices are updated every morning at 6:00 a.m. based on the international and domestic market performances. How Can Customers Know The Present Petrol Price In Madhya Pradesh?There are 2 ways to know this information:
Does GST Affect The Vadodara’s Petrol Prices?No, GST does not have any kind of influence in the petrol or diesel prices in India because these commodities have not been brought under its influence yet. Moreover, imposing GST (Goods and Service Tax) on fuel will not only lessen the rates by 27-37% but also the government might not be able to handle such big losses. Someday, if this turns out to be a reality, then the revenue of both State Government and Central Government will be heavily affected. Also Check Petrol Price in NearBy Cities of Madhya Pradesh*Disclaimer: BankBazaar makes no guarantee or warranty on the accuracy of the data provided on this page, the prevailing prices are susceptible to change and provided on an as-is basis. We accept no liability for any loss arising from the use of the data contained on this website. |