ANOTHER HIKE IN FUEL PRICES, PETROL REACHES ₹93/L IN DELHI

After a brief pause fuel rates jumped again for the twelfth time in 20 days making petrol costlier by ₹2.81 per litre and diesel by ₹3.34 a litre since May 4. Oil companies raised petrol rate by 17 paise per litre and diesel by 27 paise a litre Sunday.

Retail fuel rates in India made another record with petrol price surging to ₹93.21 per litre in Delhi and diesel at ₹84.07 a litre. While fuel rates in Delhi are the benchmark for the entire country, retail prices of the two fuels differ from place to place because of variations in state taxes and local levies.

Petrol price in Mumbai inched closer to ₹ 100 mark (₹99.49 per litre). Pump price of diesel in the financial capital is now ₹91.30 a litre. Petrol has crossed the ₹100 mark in several cities and smaller towns. NEW DELHI: