This is the 13th increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.
Petrol in Delhi will now cost Rs 103.81 per litre as against Rs 103.41 previously
Freight rates on grand trunk routes have shot up 3-4 per cent month-on-month in the past few days, according to the Indian Foundation of Transport Research & Training (IFTRT)
Petrol is now selling at Rs 103.41 per litre in Delhi and diesel is trading at Rs 94.67 per litre.
Petrol and diesel prices were on Saturday hiked by 80 paise a litre each, taking the total increase in rates in the last 12 days to Rs 7.20 per litre. Petrol in Delhi will now cost Rs 102.61 per litre as against Rs 101.81 previously, while diesel rates have gone up from Rs 93.07 per litre to Rs 93.87, according to a price notification of state fuel retailers. Rates have been increased across the country and vary from state to state depending upon the incidence of local taxation. This is the 10th 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 7.20 per litre.
Besides the petrol, diesel and LPG prices, compounding the woes for manufacturers and consumers alike is the sharp hike in prices of natural gas starting April 1 for a period of six months
This is the ninth increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.
Freight rates on grand trunk routes have already shot up by an average 3%-4% month-on-month in the last few days, according to Indian Foundation of Transport Research & Training
The rates of petrol and diesel in Delhi increased by 80 paise a litre, while in Mumbai, fuel became costlier by 84 paise on Thursday
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 price on Tuesday crossed Rs 100 a litre mark after rates were hiked by 80 paise a litre and 70 paise in case of diesel, taking the total increase in rates in one week to Rs 4.80 per litre. Petrol in Delhi will now cost Rs 100.21 per litre as against Rs 99.41 previously while diesel rates have gone up from Rs 90.77 per litre to Rs 91.47, according to a price notification of state fuel retailers. Rates have been increased across the country and vary from state to state depending upon the incidence of local taxation. This is the seventh increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22. On the first four occasions, prices were increased by 80 paise a litre - the steepest single-day rise since the daily price revision was introduced in June 2017. On the following days, petrol price went up by 50 paise and 30 paise a litre while diesel rose by 55 paise and 35 paise a litre. In all, petrol and diesel prices have gone up by Rs 4.8
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Petrol price on Monday was hiked by 30 paise a litre and diesel by 35 paise, taking the total increase in rates in the last one week to Rs 4-4.10 per litre
Petrol is selling in the national capital at Rs 98.61 per litre while diesel is trading at Rs 89.87 per litre
Nitin Gadkari justified the hikes in fuel prices, thrice in the last four days, saying the oil prices had gone up within the international market owing to the ongoing Russia-Ukraine war
In Mumbai, the rate of petrol increased by 84 paise today, selling at Rs 112.51 per litre
The move will affect more than 72 lakh domestic households.
Petrol and diesel are costliest in Mumbai at Rs 111.67 and Rs 95.85 a litre, respectively.
Petrol and diesel prices were hiked by 80 paise a litre each while domestic cooking gas prices were increased by Rs 50 per cylinder, sources said.
The surge in diesel sales is putting pressure on India's logistics and supply infrastructure, according to Reliance