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Showing posts from July, 2023

Today Petrol Price in Delhi

Petrol prices in Delhi have been on an upward trajectory, causing concerns among vehicle owners and commuters. This article aims to shed light on the factors contributing to the rise and its implications on the city's residents. Over the past few years, petrol prices in Delhi have witnessed a steady increase due to a combination of factors. The primary factors include the international crude oil rates, taxes and duties imposed by the central and state governments, and fluctuating exchange rates. International crude oil prices have a significant influence on petrol prices in Delhi, as India heavily relies on imports to meet its oil demands. Fluctuations in global oil prices, influenced by geopolitical tensions, supply and demand dynamics, and economic factors, directly impact retail prices. Taxes and duties levied by the central and state governments also contribute to the rising petrol prices. These taxes are imposed to generate revenue for infrastructure development, welfare sche