DayChange | Petrol0.29 | Diesel0.26 | CNG |
---|---|---|---|
Today | 102.92 | 89.02 | NA |
25 Nov | 102.63 | 88.76 | NA |
24 Nov | 102.63 | 88.76 | NA |
23 Nov | 102.62 | 88.74 | NA |
22 Nov | 102.63 | 88.76 | NA |
21 Nov | 102.63 | 88.76 | NA |
20 Nov | 102.63 | 88.76 | NA |
19 Nov | 102.63 | 88.76 | NA |
Note : there may be slight variations in prices across outlets within a city
The petrol and diesel prices are fluctuating in the entire country and the same is true for Dharwad too. Dharwad is a city which is located in the northwestern part of the South Indian state of Karnataka. Dharwad forms a contiguous urban area with the city of Hubballi.
It is impossible to imagine our life without fuel, be it petrol, diesel, or CNG. From travelling to getting something at home, everything needs fuel to run. Thus, the rise in fuel costs directly impacts the price of everyday commodities. This, in turn, affects the common person and their pockets.
Read this piece till the end to find out more about the current fuel prices and the reasons behind their changes in Dharwad.
The current petrol price in Dharwad is ₹ 102.92 per litre. Also, the fuel costs in Dharwad have been fluctuating between ₹ 102.62 and ₹ 102.92 over the past week preceding 10 December.
The diesel price in Dharwad today is ₹ 89.02 per litre. Diesel prices have also shown much fluctuation in the past few days.
For instance, in the last eight days or one week, the cost of diesel in Dharwad has fluctuated between ₹ 88.74 and ₹ 89.02. These diesel prices are inclusive of both state and central taxes and excise duties.
When fuel prices rise in a country, they impact many sectors and industries. All sectors that are working in close relation to transport delivery, and tourism, feel the impact more strongly. Fuel is the most important component of transportation. So when fuel becomes expensive, everything becomes expensive.
In the international scenario, there has been much instability owing to the Russia and Ukraine war, COVID-19 pandemic, and its aftermath.
Here are some common factors affecting the prices of petrol and diesel in Dharwad:
The Dollar vs INR exchange rate: With the falling rupee against the United States dollar, the price of crude oil is rising which in turn impacts the high petrol price in Dharwad.
Crude oil price in international market: Crude oil is generally supplied by OPEC countries. When there is uncertainty in any of these countries, a shortage in the supply of crude oil happens. Once this happens, the price of crude oil increases in the international market. The price increase will affect the price of petrol as well.
Central government's excise duty: The Central Government of India important a significant amount of crude oil from foreign nations. Thus, it levies heavy excise duty on petroleum products that increases their retail price.
State Government's VAT tax: Another key factor that contributes to the change in the price of petrol and diesel is the imposition of the VAT tax by the State Government. Every state levies its own VAT tax on petrol. Some levy high VAT tax and some states levy low tax. This is why you see a change in the price of petrol in different cities of the country.
Therefore, if the government wants to make fuel prices more affordable for the common citizens, then they can reduce, lower, or even cut these taxes on fuel. This will bring some relief to the common people and their pockets. Additionally, high costs of fuel also increase and expand the monthly budget. This is because expenditures rise significantly and savings shrink.
So that was all about the diesel and petrol price in Dharwad. If you are planning a trip in or around Dharwad, especially longer trips, having the accurate information about the fuel prices is necessary.
To keep people aware, informed, and updated about the latest fuel prices in Dharwad, the Park+ app is available on the Google Play store. You can simply download the app and search for your city or district before starting your journeys. This will also help you plan your trips better, as you can stay updated on the latest fuel prices of all the cities and districts in India!
Not much can be said about whether the petrol price in Dharwad will rise or fall in the coming days. This is because though there have been some fluctuations, there has not been much increase or decrease in the fuel price in Dharwad.
It would also depend on the Karnataka government’s plan to cut down on fuel taxes to make transport and travel more affordable.
However, looking at the current trends in Dharwad and in other parts of India, it could be possible that fuel prices in Dharwad may also rise in the coming days.
CNG is relatively cheaper than petrol and diesel and is not very heavy on the pockets of the common people. By using CNG, you can make longer journeys but at lesser costs.
Therefore, CNG can not only make our journeys more cost-efficient but also environmentally more conscious and responsible.
To make petrol and diesel prices more affordable in Dharwad, the central government can reduce or cut down on the excise duties imposed on fuel.
Additionally, the Government of Karnataka can also cut down or lower the state taxes on petrol and diesel. Such steps can bring much relief to the common people.