Petrol and Diesel Price in East Delhi
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Petrol0

Diesel0

CNG

Today94.7287.62NA
25 Nov94.7287.62NA
24 Nov94.7287.62NA
23 Nov94.7287.62NA
22 Nov94.7287.62NA
21 Nov94.7287.62NA
20 Nov94.7287.62NA
19 Nov94.7287.62NA

Note : there may be slight variations in prices across outlets within a city

East Delhi is a district in NCT or the National Capital Territory of Delhi. There are a large number of businesses located here. There are also industries in this area and different types of companies. All these organisations use petrol and diesel. It is needed for their operations and for their vehicles. Whenever the petrol price in East Delhi changes, it affects residents and businesses. People, therefore, monitor the prices of petrol to find out whether the change is beneficial for them. In case, prices go down they can purchase petrol in bulk.

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Petrol price in East Delhi

The petrol price in East Delhi is fixed based on factors that include the international price of crude oil. The price of crude oil keeps fluctuating in the international market. This leads to changes in prices even in India. Fluctuations in price can be a problem as people will find it difficult to manage their finances. The petrol price in East Delhi today is Rs. 94.72 per litre. The price has been stable for more than 7 days with no fluctuations in price. This is desirable for all concerned. Whether prices go up or down, people expect stability in fuel prices. The stability allows them to plan and manage their finances effectively.

Diesel price in East Delhi

Diesel is used both by residents and businesses. Most industries use diesel to run generators and other equipment. Diesel is also used as fuel for diesel-powered vehicles. This makes diesel an important fuel and any change in its price has a strong impact. Most transport and goods vehicles run on diesel. So, when diesel prices go up the cost of transportation increases. The diesel price in East Delhi today is Rs. 87.62. Just like in the case of petrol, the price of diesel has also remained constant for a week. There have been no fluctuations in price, thus benefiting both individuals and businesses.

East Delhi fuel price changes

Prices of fuel across the country change. The change occurs because of the way the price of fuel is structured. Some years back, the price of fuel was controlled. The government would fix the price. They would subsidise the oil companies and keep the prices low. They would do it because the increase in fuel prices would affect common people and businesses. When prices become too high, it affects the economy as a whole. It leads to inflation, which can have serious repercussions.

After the economic reforms, the prices of fuel were deregulated. The government would spend a lot of money on subsidies, which affect the fiscal deficit. Therefore, they allowed oil companies to fix the price. The oil companies would fix the price keeping in mind the price of crude oil, dollar-rupee exchange rate, cost of processing in the refinery, and transportation cost. A major component (nearly 50%) of fuel prices is taxes. The government levies taxes on fuel because it helps them earn huge revenue.

The government earns lakhs of crores of rupees from taxes. This money is used for welfare measures and development works. But whenever prices go up, the government has the option to reduce prices. They do this by reducing taxes. When both the central and state government reduces prices, it leads to significantly lower prices. This benefits consumers of fuel who spend a lot of money every month on petrol and diesel. Keeping a regular track of fuel prices can help you manage your finances better. You can fill up the entire tank on a day when prices are low. This will help you save some money.

Conclusion

If you want to regularly monitor the price of petrol and diesel, then you need an app for this. The best app you can download and install on your mobile is the Park+ app. This app is very useful for vehicle owners and users. It has many features that are required by vehicle owners. One of the key features is that the app shows the latest price of petrol and diesel on its home screen. Whenever the price changes, you can get a notification sent to your mobile. This allows you to keep constant track of fuel prices.

FAQs

1) Why is the petrol price in East Delhi different from other places?

The petrol price in East Delhi differs from that of other places because of the way it is calculated. Prices vary because of one main reason, which is taxes. There are two taxes levied on petrol across the country. One is the central government tax, which is the excise duty. This rate is the same everywhere. But, the tax levied by the state government differs. This is the sales tax or VAT. Each state or union territory has its own rate. This is why prices differ from one state to another.

2) How can you save on petrol while using your vehicle?

The most important way you can save petrol while using your vehicle is to ensure it is in good condition. When your vehicle is in good condition and properly maintained, it uses optimum fuel. If the vehicle is not properly maintained, it uses up a lot of petrol. Also, using the right gear while driving is important.

3) What is the dealer commission on petrol price?

Dealers run the petrol bunks. To take care of their operational expenses, a commission is fixed on the petrol price. Usually, this is standard across the country.