INSUBCONTINENT EXCLUSIVE:
In metro cities, petrol prices were raised by 14-15 paise; diesel prices by 16-18 paiseFor the second straight day in a row, petrol prices
were raised in the range of 14-15 paise per litre
After the latest price revision, petrol on Friday is priced at Rs 75.71 per litre in Delhi
In other metro cities of Mumbai, Kolkata and Chennai, petrol is being sold for Rs 83.24, Rs 78.53, and Rs 78.72, respectively
Similarly, diesel prices were also raised in the range of 16-18 paise today
In Delhi, diesel rose to Rs 67.66 per litre
In Mumbai, Kolkata and Chennai, diesel will be available to retail customers for Rs 71.79, RS 70.05 and Rs 71.42 per litre, respectively.On
Thursday, petrol prices were raised after a gap of 36 days in the range of 16-17 paise
and diesel in the range of 10-12 paise
Indian Oil (IOC), Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL) revise fuel prices on a daily basis with effect from 6 am
Petrol prices in Delhi are the lowest among all metro cities for lower sales tax or VAT (Value Added Tax).The central government raised
excise duty on petrol by Rs
11.77 a litre and that on diesel by Rs
13.47 a litre in nine instalments between November 2014 and January 2016 to shore up finances as global oil prices fell.The last time when
petrol, diesel prices were cut across cities was on June 26 when petrol was brought down in the range of 14 to 18 paise a litre, and diesel
was slashed in the range of 10-12 paise
The fuel prices have not risen since May 29 when the prices surged to record highs, then, on the back of high crude oil prices.
