Prices had been on a freeze since November 4 ahead of the assembly elections in states like Uttar Pradesh and Punjab -- a period during which the cost of raw material (crude oil) soared by about USD 30 per barrel.
Petrol and diesel prices continued to rise as both fuels cost 80 paise per litre higher than the previous day. In the national capital, petrol stood at Rs 103.41 per litre and diesel costed Rs 94.67 per litre.
This is the 11th increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22. In all, petrol prices have gone up by Rs 8 per litre.
On Saturday, the national capital saw a rise of more than 80 paise as petrol stood at Rs 102.61 per litre and diesel at Rs 93.87 per litre. In Mumbai, the petrol and diesel prices per litre stood at Rs 117.57 and Rs 101.79, respectively (increased by 85 paise).
Fuel prices continue to rise with petrol and diesel rates rising by another 80 paise per litre each in Delhi on Thursday, netting an increase of about Rs 6.40 a litre in the ninth revision in ten days so far.
Prices are set to be raised further given the sharp jump in crude oil prices in the international markets.
Petrol and diesel prices were on Wednesday 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.
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.
Prices had been on a freeze since November 4 ahead of the assembly elections in states like Uttar Pradesh and Punjab.
Prices had been on a freeze since November 4 ahead of the assembly elections in states like Uttar Pradesh and Punjab -- a period during which the cost of raw material (crude oil) soared by about USD 30 per barrel.
Ending of a four-and-half-month long hiatus, fuel rates were revised first on March 22 this year.
Prices had been on a freeze since November 4 ahead of the assembly elections in states like Uttar Pradesh and Punjab -- a period during which the cost of raw material (crude oil) soared by about USD 30 per barrel.
In the national capital Delhi, petrol price is at Rs 96.21 per litre and diesel now costs Rs 87.47 per litre. With the new price hike, petrol in Mumbai will now cost Rs 110.82 per litre, while diesel will cost Rs 95 per litre.
The price of petrol after the VAT cut will go down from the current ₹ 103 per litre to ₹ 95 per litre.
Petrol and diesel have been priced at Rs 110.49 and Rs 101.56 per litre respectively in West Bengal's Kolkata and Rs 106.66 and Rs 102.59 per litre respectively in Chennai.
The price of diesel also saw a hike by 35 paise and took the fuel's rate to Rs 98.07 per litre in the national capital.
The price of diesel also saw a hike by 35 paise and took the fuel's rate to Rs 97.37 per litre in the national capital.
The protest will witness events like 'Padayatra' being taken out by the Congress leaders in their respective areas.
The central government is in talks with several oil-exporting countries on the issue of supply and demand of oils but there is no possibility of immediate relief in prices.
In Mumbai, the petrol price stands at Rs 112.44 per litre and diesel would be sold at Rs 103.26 per litre, today.
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