No Respite From Fuel Prices As Petrol, Diesel Rates Scale New Highs


No Respite From Fuel Prices As Petrol, Diesel Rates Scale New Highs

Petrol and diesel prices today scaled new highs as rates were increased on account of rupee depreciation and rise in international oil rates.

While petrol price was increased by 28 paise a litre, diesel rates went up by 22 paise, according to a price notification of state-owned oil marketing companies. Petrol in Delhi now costs Rs. 81.28 per litre and diesel is priced at Rs. 73.30 a litre.

In Mumbai, petrol is retailed at 88.67 per litre, for Rs. 84.49 in Chennai and Rs. 83.14 in Kolkata. Diesel costs Rs. 77.82 per litre in Mumbai, Rs. 77.49 per litre in Chennai and Rs. 75.36 per litre in Kolkata, according to the notification.

Delhi has the cheapest fuel rates among all metros and most state capitals because of lower taxes. Mumbai has the highest sales tax or value added tax (VAT). Read More

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