The daily review and revision of prices is based on the average price of benchmark fuel in the international market in the preceding 15-days, and foreign exchange rates.
All filling stations in Mizoram are instructed not to issue petrol and diesel beyond the permitted quantities.
The Congress party slammed BJP-led NDA Government over rising prices of fuel.
A group of Congress workers turned vendors and sold vegetables as a protest in front of the Municipal Corporation office on July 13, against rising prices of fuel and vegetables.
His remarks came a day after petrol prices were hiked by 31 to 35 paise while diesel by 26 to 30 paise on June 29, taking the fuel prices across the country to a historic high.
Across the country as well petrol and diesel prices increased between 24-28 paise per litre on Monday but its retail prices varied depending on the level of local taxes in different states.
Monday's hike is the 17th hike in May. Notably, the month of May has seen one of the steepest hikes in petrol and diesel prices this year.
Petrol prices in Mumbai rose by 26 paisa to Rs 98.12 a litre on Tuesday. Similarly, diesel prices in the city also rose 31 paisa per litre to Rs 89.48, the highest in all four major metro cities in the country
The Centre might have slashed the fuel rates so that the BJP does not suffer on the issue of price rise in the five poll-bound states, including West Bengal, the Shiv Sena alleged on Friday without naming the NDA constituent.
Lok Sabha proceedings were adjourned for the second time on Tuesday till 2 pm amid protests by Opposition members over the rising fuel prices.
On being asked about fuel price rise, Union Finance Minister Nirmala Sitharaman said that both State government and Central government have duties on petroleum price.
Commercial vehicles including trucks and lorries were also not plying to express solidarity with the stir, called by Samyuktha Samara Samithi, an umbrella organisation of various trade unions.
"It will be a good move, but the decision rests with the GST Council," Subramanian said during a recent interaction with FICCI FLO members.
All markets remained open in east Delhi's Madhu Vihar and other areas despite the Confederation of All India Traders' (CAIT) call for a 'Bharat Vyapar Bandh' on Friday.
Petrol and diesel prices have increased sharply in the country over a period of time. In some cities, the price has reached Rs 100 per litre.
On increasing fuel prices in the country, Union Petroleum and Natural Gas Minister, Dharmendra Pradhan said that it has happened due to increase in prices of crude oil in international markets.
Speaking on the fuel hike problem across the nation, Deputy Chief Minister of Haryana, Dushyant Chautala on February 20 said the state government has urged the neighbouring states to have a joint discussion on fuel price reduction.
Maharashtra Congress Nana Patole, who on Thursday warned that it would stop shooting or screening of Amitabh Bachchan and Akshay Kumar films as "they have failed to speak up" on rising fuel prices, on Saturday once again criticised both the actors.
As petrol price in some cities in India crosses Rs 100 per litre, Finance Minister Nirmala Sitharaman on Saturday while responding to rising fuel prices in the country said it is an issue in which no answer except for fall in fuel price will convince anyone.
Amid soaring petrol, diesel price in the country, Union Transport Minister Nitin Gadkari on Tuesday suggested that the country should now move towards alternative fuel.
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