Diesel costlier than petrol at Rs 80.69 in Odisha
BHUBANESWAR : For the first time in the country, diesel is being sold in Odisha at a price higher than that of petrol. On Sunday, diesel was being sold at Rs 80.78 per litre while petrol was being dispensed at Rs 80.65 per litre in the state capital. The price of diesel surpassed that of petrol for the first time here on Saturday when the former was sold at Rs 80.97/litre and the latter at Rs 80.90/litre. Prices of both the fuels have gone down relatively in the last five days.
Traditionally, retail price of diesel is lower compared to petrol due to lower taxes, dealer commissions and base price. In recent months, however, diesel base price, which is the price charged from dealers by oil companies without tax, has gone up by around Rs 5 because of growing global demand for the fuel.
Sanjay Lath, secretary of the Utkal Petroleum Dealers’ Association said the hike in base price absorbed the lower central excise and dealer commission. “Diesel is now costlier than petrol since VAT on both the fuels is the same (26%) in Odisha, unlike many other states,” he said.
According to oil companies’ data, dealers pay approximately Rs 43.49 (without tax) per litre of petrol and Rs 48.02 per litre of diesel. Centre excise duty is Rs 17.80 per litre for petrol and Rs 13.83 per litre of diesel. While dealer commission is around Rs 3.50 per litre of petrol, it is about Rs 2.50 per litre of diesel.
courtesy : timesofindia.indiatimes.com
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Iran warns of ‘uncontrollable consequences’ after energy site strike
Qatar warns residents of ‘Elavated’ threat
Tehran/Doha: Iran’s President Massoud Pezeshkian has warned that attacks on the country’s energy infrastructure could lead to “uncontrollable consequences” affecting the entire world.
In a post on X, Pezeshkian said he “strongly condemns” the strikes that targeted the South Pars gasfield earlier in the day.
“Such aggressive actions will not achieve anything for the American Zionist enemy and their supporters. Rather, they will complicate the situation and could lead to uncontrollable consequences that will affect the entire world,” he said.
Meanwhile, Qatar’s Ministry of Interior has urged residents to remain indoors due to what it described as an elevated security threat.
Authorities have not provided further details, but the advisory comes amid growing concerns over the safety of energy infrastructure and civilian areas in the region.
