Petrol, Diesel Prices Hike: Aam Aadmi (common people) are yet to receive any respite from skyrocketing fuel prices, as the retail rates of petrol and diesel were hiked for the seventh consecutive day on Monday. While the petrol saw an increase of 26 paise, oil marketing companies raised the pump price of diesel by a high level of 29 paise per litre in the national capital. Following the hike, petrol is now priced at Rs 88.99 a litre and diesel Rs 79.35 a litre in Delhi.
In Mumbai, petrol price is just Rs 4 per litre short (Rs 95.46 a litre) of touching three-digit mark of Rs 100 per litre for the very first ever anywhere in the country. Diesel price in the city is closing on Rs 90 a litre (Rs 86.34 a litre).
Except for Delhi, petrol is over Rs 90 a litre mark while diesel is well over Rs 80 in all metro cities. In the last seven days, the price has gone up by Rs 2.06 per litre for petrol while diesel rate has risen by Rs 2.56 a litre.
|Name of City||Petrol||Diesel|
The current price rise is largely on account of steep increase in central taxes of petrol and diesel and firm crude prices. The Budget has also imposed a new agriculture infrastructure and development cess.