Fuel price hike: Petrol and diesel prices continue to soar

Hindustan Times 2018-09-08

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Petrol price in the national capital on Saturday crossed the Rs 80 mark for the first time ever as rupee depreciation made imports costlier. Petrol price was Saturday raised by 39 paise a litre and diesel by 44 paise per litre, according to price notification issued by state fuel retailers. The increase pushed the petrol price in Delhi to Rs 80.38 per litre. Diesel rate touched its highest level of Rs 72.51 a litre. In Mumbai, a litre of petrol costs Rs 87.77 and diesel comes for Rs 76.98, the notification said. Fuel prices in Delhi are the cheapest among all metros and most state capitals due to lower taxes. Mumbai has the highest tax rates among the metros.
Opposition parties have called for a nation-wide ‘Bharat Bandh’ on Monday (September 10) to protest against the spiralling fuel prices.

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