DIESEL CROSSES ₹84/LT IN DELHI, PETROL NEARS ₹100 IN MUMBAI
Diesel price in the national capital on Sunday crossed ₹84-mark, while petrol rate in Mumbai neared ₹100 a litre after fuel prices were raised again.
Petrol price was increased by 17 paise per litre and diesel by 29 paise a litre, according to a price notification of stateowned fuel retailers.
The hike—12th this month— pushed petrol and diesel prices to an all-time high across the country.
In Delhi, petrol rates climbed to ₹93.21 a litre and diesel rose to ₹84.07.
Rates had already crossed the ₹100-mark in several cities in Rajasthan, Madhya Pradesh and Maharashtra, and with the latest increase, the price in Mumbai too was inching towards that level.
A litre of petrol in Mumbai now comes for ₹99.49 and diesel is priced at ₹91.30 per litre.
Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. Rajasthan levies the highest VAT on petrol in the country, followed by Madhya Pradesh and Maharashtra. Oil companies revise rates of petrol and diesel daily based on average price of benchmark fuel in the international market in the preceding 15 days.
This is the 12th increase in prices since May 4, when the state-owned oil firms ended an 18-day hiatus in rate revision they observed during assembly elections in states like West Bengal. NEW DELHI: