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Fuel Prices in Delhi and Mumbai Remain High; See City-Wise Prices

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Fuel Prices in Delhi and Mumbai Remain High; See City-Wise Prices

Today’s Petrol and Diesel Prices: According to a notification from state-owned Oil Marketing Companies, the price of gasoline remained unchanged for the 17th consecutive day today, April 23, Saturday (OMCs). According to the notification, the diesel price remained unchanged for the day. Auto fuel prices have been at an all-time high for several months, operating in the midst of record inflation across the country. The increase in petrol and diesel prices has impacted the common man, who is bearing the brunt of an overall price increase caused by the increase in petrol and diesel prices.

Petrol costs Rs 105.41 per litre in Delhi, while diesel costs Rs 96.67 per litre, according to a price notification from fuel retailers. The price of petrol and diesel per litre in Mumbai is Rs 120.51 and Rs 104.77, respectively. In Chennai, a litre of petrol costs Rs 110.85 and a litre of diesel costs Rs 100.94. In Kolkata, the price of petrol is Rs 115.12 per litre, while diesel costs Rs 99.83 per litre.

The cost of gasoline and diesel varies from state to state and is influenced by a variety of factors. Daily fluctuations in international crude oil prices and foreign exchange fluctuations, as well as different taxation rates in different states, are just a few examples. One of the main reasons for differences in fuel prices across the country is transportation costs.

In the face of rising gasoline and diesel prices, Union petroleum minister Hardeep Singh Puri said on Friday that oil marketing companies make their own retail price decisions. When price reviews began after the elections, the increase was only Rs 10 per litre, far less than other countries, he said, adding that the ministry is aware of inflation concerns as well. The minister urged non-BJP-ruled states to lower the Value Added Tax (VAT) on petroleum products to help consumers, pointing out that the Centre has already done so.

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Oppn seeks probe into Adani charges in US: ‘Obvious protection of PM Modi’

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Oppn seeks probe into Adani charges in US: ‘Obvious protection of PM Modi’

Following US SEC charges of bribery against Gautam Adani, opposition parties criticise PM Narendra Modi and call for a JPC investigation.

As billionaire Gautam Adani faces charges in the US for alleged bribery and fraud, the Opposition on Thursday intensified its attack on the Centre over its alleged links with the Adani Group.

Gautam Adani has been charged in the US with allegedly paying $250 million in bribes to Indian officials between 2020 and 2024 to secure favourable terms for solar energy contracts. The scheme, prosecutors said, could have earned Adani’s group over $25 billion in profits.

Congress demands JPC probe

Reacting to the charges, the Congress called for a Joint Parliamentary Committee (JPC) probe into alleged scams involving Adani’s conglomerate. The party also demanded the appointment of a “new and credible” Sebi chief to investigate Adani’s financial dealings and compliance with securities laws.

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Congress leader Jairam Ramesh said the US Securities and Exchange Commission’s (SEC) actions highlight the failure of Indian institutions to investigate the group. “The indictment vindicates Congress’s demand since January 2023 for a JPC into the Modani scams,” Ramesh wrote on X.

He accused Prime Minister Narendra Modi of shielding Adani and claimed Congress’s “Hum Adani Ke Hain Kaun” (HAHK) series had exposed the businessman’s alleged fraud and his ties with the PM.

The fact that it has taken a foreign jurisdiction to properly investigate Adani only shows how Indian institutions have been captured by the BJP, and how decades of institutional development have been undone by greedy and power hungry leaders, the Congress leader said in another post.

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“All of this is consistent with a long record of fraud and criminality carried out with impunity with the obvious protection of the Prime Minister,” Ramesh charged.

Other Oppn leaders join attack

Other opposition leaders joined the attack. Trinamool Congress MP Saket Gokhale questioned the BJP’s involvement in Adani’s dealings and demanded an independent judicial probe.

Aam Aadmi Party leader Sanjay Singh accused PM Modi of allowing Adani to tarnish India’s global reputation.

ALSO READ- Adani Group shares plunge after US SEC charges, Adani Green down 16%

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Adani stocks latest updates

The allegations rattled markets, with Adani Group stocks plunging. Adani Enterprises fell 20 per cent in pre-open trade, while shares of Adani Ports, Adani Green, Adani Power, and others dropped between 7 per cent and 18 per cent.

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