Petrol and diesel prices hiked
Posted on: 01/Aug/2013 11:49:58 AM
Petrol price was on Wednesday hiked by 70 paisa per litre, the fifth increase in rates in two months, and diesel by 50 paisa per litre on firming international oil prices.
The increases in rates, which will be effective today, are excluding local sales tax or VAT. The actual hike will be higher and will vary from city to city.
This is the fifth increase in rates since June and in all petrol prices have gone up by a massive Rs 6.82 per litre.
Oil firms had on June 1 raised prices by 75 paisa, excluding VAT, and followed it with a Rs 2 per litre increase on June 16, a Rs 1.82 increase on June 29 and Rs 1.55 hike on July 15.
