Petrol and diesel prices in India hiked yet again after the oil marketing companies made a revision in fuel prices on Monday. The fuel prices have been witnessed a massive hike in the last few days.
According to a price notification of state-owned fuel retailers, the petrol price was raised by 29 paise per litre and diesel by 24 paise per litre in the national capital. The latest revision pushed petrol and diesel prices in India to record-high levels.
After fuel prices hike, the Petrol price in Delhi has increased to Rs 94.23 a litre and diesel to Rs 85.15 a litre while in Mumbai, the petrol price has gone above Rs 100 to Rs 100.47 a litre while diesel to Rs 92.45 per litre.
The fuel prices had already crossed the Rs 100-mark in several cities of Rajasthan, Madhya Pradesh and Maharashtra.
Petrol and diesel prices in India today:
In India, petrol and diesel prices are revised every day in the morning at 6 AM and anyone can easily check the rate of petrol and diesel by sending an SMS to 9224992249.
You have to type RSP <space> Petrol Pump Dealer Code and send it to 9224992249. To find the RSP code of your locality, visit the official site of the petrol pump near you.
What is the reason behind fuel prices hike?
The fuel prices vary from state to state depending on the incidence of local taxes including Value Added Tax (VAT) and freight charges. Rajasthan levies the highest VAT on petrol in the country, followed by Madhya Pradesh and Maharashtra.
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