The price of petrol crossed ₹100 per litre in Mumbai on Saturday as state-run retailers raised fuel rates for the 15th time in 26 days, raising petrol rates by 26 paise per litre and diesel by 28 paise. Pump prices of petrol and diesel in Delhi on Saturday also made new records of ₹93.94 per litre and ₹84.89 a litre, respectively. Indian fuel retailers align pump prices of petrol and diesel with their international benchmark rates of the previous day. In Delhi, central levies account for 35.5% of petrol’s price and state taxes, 23%, according to official data of May 16. On diesel, central taxes are over 38.2% while state taxes are about 14.6%.

Source: Hindustan Times May 29, 2021 19:53 UTC