Petrol Price Hits Four-Year High, Diesel At Highest Level
Petrol Price Hits Four-Year High, Diesel At Highest Level
Petrol price today hit a four-year high while diesel rates touched an all-time high in the national capital, renewing calls for the government to cut excise tax rates.
State-owned oil firms today raised petrol and diesel rates by 18 paise per litre each in Delhi.
Petrol in Delhi now costs Rs 73.73 a litre, the highest since September 14, 2014 when rates had hit Rs 76.06. Diesel price at Rs 64.58 is the highest ever, with previous high of Rs 64.22 on Feb 7.
India has the highest retail prices of petrol and diesel among South Asian nations as taxes account for half of the pump rates.
-PTC News
