Connect with us

Business

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On September 1

Published

on

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On September 1


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.

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

  • 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.

  • 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.

  • Taxes: Central and state-level taxes constitute a major portion of retail fuel prices. Tax rates vary across states, leading to regional price differences.

  • 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.

  • 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.

authorimg

Aparna Deb

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

News business Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On September 1
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Read More



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

From Rs 25,000 to Rs 1,05,000: How Gold Has Outperformed Nifty & Sensex Over The Last Decade

Published

on

From Rs 25,000 to Rs 1,05,000: How Gold Has Outperformed Nifty & Sensex Over The Last Decade


Last Updated:

Bullion, which was earlier believed to be a slow mover when it comes to the return on investment, has surprised investors in the past decade by outperforming equity markets.

Gold Vs Sensex Returns.

Gold Vs Sensex Returns.

Gold prices have surprised investors this year after they have delivered more than 35% returns in just nine months of 2025. Moreover, the yellow metal has outperformed the Nifty and the Sensex in the past 10 years, with the yellow metal surging from nearly Rs 25,000 a decade ago to above Rs 1,05,000 now.

Gold & Silver Historical Returns

Gold prices had stood at Rs 25,000 per 10 grams a decade ago in 2015. It has surged 320% since then to currently trade at Rs 1,05,000 per 10 grams in India.

Year Gold Price (per 10 gm)
2005 Rs 7,700
2010 Rs 20,700
2015 Rs 25,000
2020 Rs 50,000
2025 (So Far) Rs 1,05,000

Silver prices have also given an impressive return of 270% between 2015 and 2025, as its prices have increased from Rs 33,300 a decade ago to Rs 1,23,000 now.

Sensex, Nifty Historical Returns

The Sensex had stood at 25,700 in September 2015. It has risen by 210% till now, as the BSE benchmark currently trades near the 80,000 level.

Also Read: Gold, Silver Prices Hit All-Time Highs On MCX: Why Is Bullion Shining, Is It Right Time To Invest?

Similarly, the Nifty had stood at nearly 7,800 a decade ago, which has increased to 24,500 currently, registering a growth of about 215% during the period.

Gold & Silver Vs Sensex & Nifty: Returns Comparison

The bullion market, which was earlier believed to be a slow mover when it comes to the return on investment, has surprised investors in the past decade by outperforming the equity market. Gold’s 320% and silver’s 270% returns turn out to be way higher than the Sensex’s 210% and the Nifty’s 215% returns over the past decade.

Why Has Gold Outperformed Sensex Over The Decade?

The precious metal prices have surged amid geopolitical and global economic uncertainties, especially the COVID-19 pandemic, the Russia-Ukraine war, the Middle East tussles, and the global economic slowdown amid supply chain disruptions. However, these factors have dragged the equity market returns over the period amid weak economic outlooks.

Analysts also cite a weakening rupee as a key factor behind the continued rise in precious metal prices in India.

Are Gold Prices Expected To Rise Further?

Experts say gold is expected to rise further during the upcoming festive and wedding seasons.

“Gold prices remain near record highs amid ongoing uncertainty surrounding US President Trump’s reciprocal tariffs following a recent court ruling, as well as concerns about the central bank’s independence. With US markets closed for a holiday, global cues are limited, shifting the focus to the Indian rupee. Its continued depreciation has led to elevated domestic gold prices. Meanwhile, domestic buying is expected to pick up ahead of the Shraddh period, which begins on September 7,” said Darshan Desai, chief executive officer of Aspect Bullion & Refinery.

Renisha Chainani, head of research at Augmont, said that if macroeconomic risks remain elevated, gold prices could feasibly target $3700 (Rs 1.10 lakh) in the next few weeks in September and $4000 (Rs 1.20 lakh) in the next few months by the end of 2025.

Gold: A Technical View

“Gold has support at $3420-3395, while resistance at $3465-3480. Silver has support at $39.35-39.10, while resistance is at $40.05-40.35. In rupee terms, gold has support at Rs 1,03,340-1,02,940 while resistance at Rs 1,04,450-1,04,750. Silver has support at Rs 1,19,450-1,18,850, while resistance at Rs 1,20,950-1,21,650,” Rahul Kalantri, vice-president (commodities) of Mehta Equities.

authorimg

Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More

Click here to add News18 as your preferred news source on Google, Stay updated with all the latest business news, including market trendsstock updatestax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates. Also Download the News18 App to stay updated!
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Read More



Source link

Continue Reading

Business

Big Relief For Customers! LPG Cylinder Prices Reduced By Rs 51.50 From Today September 1

Published

on

Big Relief For Customers! LPG Cylinder Prices Reduced By Rs 51.50 From Today September 1


New Delhi: Bringing the much needed relief to the common man, Oil marketing companies (OMCs) have reduced the price of commercial LPG gas cylinders will be by Rs 51.50. The latest LPG rates are effective from today, September 1. 

Following the revision, a 19-kg commercial LPG cylinder in Delhi will now be available at Rs 1,580.

Here Is How Much You Need To Pay For Per Bottle Of 19 Kg Commercial LPG Cylinder From 1 September 2025  In Metros

Add Zee News as a Preferred Source


 

 








Metros Prices
Delhi Rs 1,665
Mumbai Rs 1,616.5
Kolkata Rs 1,769
Chennai Rs 1,823.5 

How Much Do You Have To Pay For LPG In Your City?

 

You can also click Indane official website to check rates of LPG Cylinders in various cities. 

Domestic cooking gas prices vary from state to state due to local taxes, and the last revision in domestic cylinder prices occurred on March 1 last year.  It is important to note that monthly revisions for both commercial and domestic LPG cylinders typically occur on the first day of each month.

Earlier, OMCs had reduced the price of a 19 kg commercial LPG gas cylinder by Rs 33.50. Prior to that, OMCs had reduced prices by Rs 58.50 on July 1.



Source link

Continue Reading

Business

Commercial LPG Cylinder Gets Cheaper By Rs 51.50 From Today; Check City-Wise Rates

Published

on

Commercial LPG Cylinder Gets Cheaper By Rs 51.50 From Today; Check City-Wise Rates


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.

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.

authorimg

Varun Yadav

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

News business Commercial LPG Cylinder Gets Cheaper By Rs 51.50 From Today; Check City-Wise Rates
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Read More



Source link

Continue Reading

Trending