Petrol and diesel prices increases for 12th time

Petrol and diesel prices were on Monday hiked by 40 paise a litre each, taking the total increase in rates in the last two weeks to ₹ 8.40 per litre.

Petrol in Delhi will now cost ₹ 103.81 per litre as against ₹ 103.41 previously, while diesel rates have gone up from ₹ 94.67 per litre to ₹ 95.07, according to a price notification of state fuel retailers.

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

This is the 12th increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.