Fuel on fire! Petrol, diesel prices hiked for sixth consecutive day; check latest rates here
New Delhi | Jagran Business Desk: In what could affect salaried class severely, the petrol and diesel prices were hiked for the sixth consecutive day on Sunday amid rising crude oil prices in the international markets.
In Delhi, one litre of petrol will now cost Rs 88.73, a hike of 29 paise since Saturday while diesel will cost Rs 79.06 per litre after the prices were increased by 32 paise. Similarly, in Mumbai, which is India's financial capital, petrol and diesel will now cost Rs 95.21 per litre and Rs 86.04 per litre respectively.
One litre of petrol will now cost Rs 90.96 and Rs 90.01 in Chennai and Kolkata respectively. Diesel, on the other hand, will cost Rs 84.16 per litre in Chennai and Rs 82.65 per litre in Kolkata.
In Noida, petrol is priced at Rs 87.50 per litre while diesel prices are at Rs 79.49 per litre. While in Gurugram, a litre of petrol will cost Rs 86.74 and diesel will cost Rs 79.63 per litre.
A litre of petrol and diesel will cost Rs 91.12 and Rs 84.27 respectively in Bihar's Patna while it will cost 87.44 and Rs 79.43 respectively in Lucknow. Similarly, petrol and diesel are priced at Rs 85.39 per litre and Rs 78.77 per litre in Chandigarh.
Centre unlikely to reduce taxes to cut fuel price
Meanwhile, Oil Minister Dharmendra Pradhan on Wednesday ruled out any cut in excise duty, for now, to give relief to consumers from the spiralling retail prices of petrol and diesel which have touched all-time highs.
Replying to questions on rising fuel prices, Pradhan said retail pump rates are governed by international prices as India is 85 per cent dependent on imports for meeting its need.
"When the international price of crude oil is higher, we have to increase the prices and when the international price is lower, we have to decrease the prices here too. This is a market mechanism which is followed by oil marketing companies. We have given the freedom to them," he said during Question Hour.
Posted By: Aalok Sensharma