After two days of lull, petrol and diesel prices hiked again

The price of petrol in Delhi rises to its highest-ever level of Rs 104.79 a litre and Rs 110.75 per litre in Mumbai

After two days of lull, petrol and diesel prices hiked again

Photo for representation purposes.

New Delhi, October 14

After two days of lull, petrol and diesel prices on Thursday were again hiked by 35 paise per litre, sending retail pump prices to their highest ever level across the country.

The price of petrol in Delhi rose to its highest-ever level of Rs 104.79 a litre and Rs 110.75 per litre in Mumbai, according to a price notification of state-owned fuel retailers.

In Mumbai, diesel now comes for Rs 101.40 a litre; while in Delhi it costs Rs 93.52.

This is the 13th time that petrol price has been hiked in two weeks while diesel rates have gone up on 16 times in three weeks.

There was no change in rates on October 12 and 13.

While petrol price in most of the country is already above Rs 100-a-litre mark, diesel rates have crossed that level in a dozen states, including Madhya Pradesh, Rajasthan, Odisha, Andhra Pradesh, Telangana, Gujarat, Maharashtra, Chattisgarh, Bihar, Kerala, Karnataka and Leh.

Prices differ from state to state depending on the incidence of local taxes.

Shedding the modest price change policy, state-owned fuel retailers have since October 6 started passing on the larger incidence of cost to consumers. PTI

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