Business
Govt cuts diesel price by Rs3 per litre, petrol unchanged | The Express Tribune
The federal government on Sunday announced a Rs3 per litre reduction in the price of high-speed diesel (HSD), while keeping the price of petrol unchanged for another fortnight.
According to an official notification issued by the Finance Division, the revised petroleum prices came into effect at midnight (September 1, 2025) and will remain applicable for the next 15 days.
Following the adjustment, the price of HSD has been brought down from Rs272.99 to Rs269.99 per litre. The price of petrol, however, remains unchanged at Rs264.61 per litre.
The changes follow the government’s routine fortnightly review of international oil prices and exchange rate movements.
Other petroleum products also saw slight reductions. The price of superior kerosene oil was lowered by Rs1.46, from Rs178.27 to Rs176.81 per litre. Similarly, light diesel oil dropped by Rs2.40, now priced at Rs159.76 from the earlier Rs162.37 per litre.
The revised pricing comes amid global crude benchmarks, where motor gasoline premiums currently stand at $6.37 per barrel and HSD premiums at $3.20 per barrel.
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Domestic pricing also factors in the Inland Freight Equalisation Margin (IFEM)—Rs8.05 per litre for petrol and Rs6.20 for diesel—as well as the Petroleum Levy (PL) and the Climate Support Levy (CSL), components that significantly influence retail fuel costs.
This is the second consecutive fortnight during which the government has kept petrol prices unchanged while reducing the prices of other petroleum products by up to Rs12 per litre.
On August 15, the federal government cut the price of high-speed diesel (HSD) by Rs12.84 per litre. Similarly, the prices of superior kerosene oil and light diesel oil were also reduced by Rs7.19 and Rs8.20 per litre, respectively.
Last Updated:
Petrol, Diesel Price On September 1: Check City-Wise Rates Across India Including In Delhi, Mumbai and Chennai.
Latest prices of petrol and diesel.
Petrol and Diesel Prices on September 1, 2025: Oil marketing companies (OMCs) update petrol and diesel prices daily at 6 AM, aligning them with fluctuations in global crude oil prices and currency exchange rates. This daily revision promotes transparency and ensures consumers have access to the most up-to-date and accurate fuel prices.
Petrol Diesel Price Today In India
Check city-wise petrol and diesel prices on September 1:
| City | Petrol (₹/L) | Diesel (₹/L) |
|---|---|---|
| New Delhi | 94.72 | 87.62 |
| Mumbai | 104.21 | 92.15 |
| Kolkata | 103.94 | 90.76 |
| Chennai | 100.75 | 92.34 |
| Ahmedabad | 94.49 | 90.17 |
| Bengaluru | 102.92 | 89.02 |
| Hyderabad | 107.46 | 95.70 |
| Jaipur | 104.72 | 90.21 |
| Lucknow | 94.69 | 87.80 |
| Pune | 104.04 | 90.57 |
| Chandigarh | 94.30 | 82.45 |
| Indore | 106.48 | 91.88 |
| Patna | 105.58 | 93.80 |
| Surat | 95.00 | 89.00 |
| Nashik | 95.50 | 89.50 |
Key Factors Behind Petrol and Diesel Rates
Petrol and diesel prices in India have remained unchanged since May 2022, following tax reductions by the central and several state governments.
Oil Marketing Companies (OMCs) update fuel prices daily at 6 am, adjusting for fluctuations in global crude oil markets. While these rates are technically market-linked, they are also influenced by regulatory measures such as excise duties, base pricing frameworks, and informal price caps.
Key Factors Influencing Fuel Prices in India
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Crude Oil Prices: Global crude oil prices are a primary driver of fuel prices, as crude is the main input in petrol and diesel production.
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Exchange Rate: Since India relies heavily on crude oil imports, the value of the Indian rupee against the US dollar significantly affects fuel costs. A weaker rupee typically translates to higher prices.
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Taxes: Central and state-level taxes constitute a major portion of retail fuel prices. Tax rates vary across states, leading to regional price differences.
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Refining Costs: The cost of processing crude oil into usable fuel impacts retail prices. These costs can fluctuate depending on crude quality and refinery efficiency.
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Demand-Supply Dynamics: Market demand also influences fuel pricing. Higher demand can push prices up as supply adjusts to consumption trends.
How to Check Petrol and Diesel Prices via SMS
You can easily check the latest petrol and diesel prices in your city through SMS. For Indian Oil customers, text the city code followed by “RSP” to 9224992249. BPCL customers can send “RSP” to 9223112222, and HPCL customers can text “HP Price” to 9222201122 to receive the current fuel prices.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
Read More
Last Updated:
Commercial LPG cylinder prices drop by Rs 51.50 from September 1. Delhi now at Rs 1580 for 19 kg.
New 19-Kg LPG Cylinder Price From September 01.
LPG Cylinder Price Decline: The prices of commercial LPG gas cylinders have been reduced by Rs 51.50, effective from today, September 01. In Delhi, the retail sale price of a 19 kg commercial LPG cylinder will be Rs 1580 from September 1. There is no change in the prices of 14.2 KG domestic cylinders.
On April 1, in a relief to people in the new financial year, oil marketing companies had reduced the price of commercial LPG cylinders. The price of a 19-kg commercial LPG cylinder was slashed by Rs 41.
Latest Rates Of 19 kg Commercial LPG Gas Cylinders
| City | New Price (Sep 2025) | Reduction vs Sep 01 | Previous Price (Aug 2025) |
|---|---|---|---|
| Delhi | Rs 1,580.0 | Rs 51.5 | Rs 1,631.5 |
| Kolkata | Rs 1,683.0 | Rs 51.5 | Rs 1,734.5 |
| Mumbai | Rs 1,531.0 | Rs 51.5 | Rs 1,582.5 |
| Chennai | Rs 1,737.5 | Rs 51.5 | Rs 1,789.0 |
Between April and July 2025, 19 kg LPG prices were cumulatively reduced by Rs 138 in Delhi, Rs 144 in Kolkata, Rs 139 in Mumbai, and Rs 141.5 in Chennai. However, the cost of the 14.2 kg domestic cylinder has remained unchanged since the Rs 50 hike on April 8, 2025, with current prices at Rs 853 in Delhi, Rs 879 in Kolkata, Rs 852.50 in Mumbai, and Rs 868.50 in Chennai.
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
Read More
Business
Digital payments safety: RBI Deputy Governor Rao flags off Chandigarh walkathon; stresses responsible digital use – The Times of India
Reserve Bank of India Deputy Governor M Rajeshwar Rao on Sunday flagged off a walkathon on cyber security awareness at Sukhna Lake here, stressing that banking services, especially digital platforms, are designed for public convenience and must be used responsibly.The walkathon, organised by the Bankers’ Club, Chandigarh, saw enthusiastic participation from bankers across the region, who came together to spread awareness on safe banking and responsible digital practices, PTI reported.According to an official statement, Rao said physical outreach campaigns like this, alongside RBI’s online initiatives, are highly effective in promoting cyber security. He added that while the circulation of counterfeit currency is minimal, people should continue to use the “look, touch, and feel” method to verify notes.Highlighting the shift in banking behaviour, Rao noted that with the rising adoption of digital payments, reliance on cash is declining, ensuring safer and more secure transactions.He also congratulated the banking fraternity for their commitment to promoting cyber safety through such awareness programmes.The event was attended by RBI Executive Directors, Vinod Kumar Arya, Chief General Manager of NABARD (Haryana), Nivedita Tiwari, Chief General Manager of Nabard (Punjab), Krishan Sharma, Chief General Manager of State Bank of India, Lalit Taneja, General Manager of Punjab National Bank, and zonal managers of several other institutions.The Bankers’ Club is a forum of senior bankers in Chandigarh, with members from RBI, Nabard, SBI, PNB, ICICI Bank, HDFC Bank and other financial institutions represented at the Deputy General Manager level and above.
Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On September 1
Commercial LPG Cylinder Gets Cheaper By Rs 51.50 From Today; Check City-Wise Rates
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