Now Reading: Petrol and diesel prices unchanged on September 18, UPI fee worry
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Petrol and diesel prices unchanged on September 18, UPI fee worry
Petrol and diesel prices remained unchanged across major Indian cities on September 18, with Delhi petrol at Rs 102.12 per litre and diesel at Rs 95.20, according to Livemint. Oil marketing companies…
Petrol and diesel prices remained unchanged across major Indian cities on September 18, with Delhi petrol at Rs 102.12 per litre and diesel at Rs 95.20, according to Livemint. Oil marketing companies revise rates daily at 6 am, factoring in international crude oil prices and the rupee-dollar exchange rate.
Petrol pump dealers have sought an exemption from a new flat Rs 5 merchant discount rate (MDR) on UPI transactions above Rs 2,000, scheduled to take effect next month. Dealers' associations have approached the ministries of finance and petroleum, warning that thin margins may force them to stop accepting UPI payments above that threshold.
CNG prices continued to vary by city on September 18, with Delhi at Rs 84.09 per kg, Mumbai at Rs 88, and Hyderabad at Rs 99, the highest among listed cities.
Indian Opinion Analysis
Livemint's coverage of the September 18 fuel price update is a routine straight report: it lists city-wise petrol, diesel, and CNG rates without any framing bias. The only development beyond the price table is the dealers' pending appeal against the proposed UPI merchant discount rate, which is reported factually with no commentary. With both sources being neutral wire copy, the key implication for readers is the potential disruption if the MDR is not waived: dealers may stop accepting UPI payments above Rs 2,000, affecting millions of digital transactions at pumps. The finance and petroleum ministries' response to the exemption plea will determine the outcome.
Coverage: 2 sources, 2 neutral
Sources (2): livemint.com (neutral report), livemint.com (2) (neutral report)
This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry.
Updated: this story now draws on 2 sources.
