Petrol and diesel prices increase by nearly a rupee

Petrol and diesel prices were today hiked by 80 paise a litre each, taking the total increase in rates in the last nine days to Rs 5.60 per litre.

Petrol in Delhi will now cost Rs 101.01 per litre as against Rs 100.21 previously while diesel rates have gone up from Rs 91.47 per litre to Rs 92.27 according to a price notification of state fuel retailers.

In Mumbai, petrol and diesel prices per litre reached Rs 115.88 and Rs 100.10 respectively after prices were hiked by 84 paise and 85 paise.

Rates have been increased across the country and vary from state to state depending upon the incidence of local taxation.

This is the ninth increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.

On the first four occasions, prices were increased by 80 paise a litre – the steepest single-day rise since the daily price revision was introduced in June 2017.

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