Diesel prices also touched new record levels
Narendra Modi has betrayed people's trust, says Congress on increased petrol and diesel prices
The Oil Ministry had earlier this year sought a reduction in excise duty on petrol an diesel to cushion the impact rising international oil rates but Arun Jaitley in his Budget ignored those calls
This comes at a time when the petrol and diesel prices are touching new heights
These small cuts contrast against the nearly Rs 4 per litre rise in petrol prices during May 14-29, with the daily hike in prices varying around 15-30 paise a litre
Amid mounting public frustration, rates have been cut for the fourth consecutive day today
We need to do a rethink if arbitrary levies, which effectively double fuel prices, bring about a net improvement in public welfare
The government would take a holistic view on retail fuel pricing
Finance minister has labelled about 65 per cent of the fuel excise revenue as cess, including the restructured road and infrastructure cess
This is the tenth consecutive cut in petrol prices. Diesel prices have also been cut consecutively, barring a day when its prices remain unchanged
This is the eleventh consecutive cut in petrol prices. Diesel prices have also been cut consecutively, barring a day when its prices remain unchanged
After 16 consecutive days of hikes, petrol prices had touched the peak of Rs 78.43 per litre in Delhi and Rs 86.24 per litre in Mumbai on May 29
With the latest reduction, petrol prices have come down by 1.98 paise in 14 days
In percentage terms, between May 30 and June 11, petrol prices declined by 2.35% in Delhi, compared to a 5.5% increase in the previous 16 days
Prices in Delhi are the lowest among all metro cities and most state capitals due to lower sales tax or VAT.
Petrol will now cost Rs 76.35 a litre in Delhi, down from Rs 76.43
The price of diesel was unchanged for the fourth day in a row
This was the fifth consecutive day petrol prices were cut and the third consecutive day diesel prices went down
Petrol now costs Rs 75.55 per litre in Delhi, down from Rs 75.69 on Monday
Here is a price list for petrol and diesel across major metros and state capitals. Find out what you have to pay for fuel in your city