Fuel prices were hiked on Monday by 40 paise a litre, taking the overall increase in the last two weeks to Rs 8.40. This was the 12th increase in petrol and diesel prices by the state-owned fuel retailers in two weeks. Petrol in Delhi is being sold at Rs 103.81 per litre as against Rs 103.41 previously, and diesel rates have gone up from Rs 94.67 per litre to Rs 95.07. In Mumbai, the petrol and diesel prices are Rs 118.83 and Rs 103.07, respectively.
In Chennai, the petrol and diesel prices are at Rs 109.34 and Rs 99.42 per litre. In Kolkata, the price of petrol is Rs 113.45 (increased by 42 paise) and diesel is Rs 98.22 (increased by 40 paise). In Bengaluru, one litre of petrol will cost Rs 109.41 and one litre of diesel will cost Rs 93.23.
After the Assembly election results in five states last month, petrol and diesel prices in India have been on the rise amid the ongoing Russia-Ukraine war that has raised crude oil prices to a seven-year high. The fuel prices were on a freeze since November 4 last year, when the Centre cut the excise duty on petrol and diesel by Rs 5 to allow some relief to the common man.
Opposition parties have been targeting the central government over the continued rise in fuel prices since the ending of a four-and-half-month long hiatus in rate revision on March 22. Under its ‘Mehngai Mukt Bharat Abhiyan’ against price rises, Congress is organising rallies and marches across the country.