Petrol and diesel prices were hikedĀ across the four metros on Thursday,Ā May 27. In the nationalĀ capital, petrol prices were increased by 24 paiseĀ fromĀ Rs 93.44 per litre toĀ RsĀ 93.68 per litre. Diesel prices were increased by 29 paiseĀ fromĀ RsĀ 84.32 per litre toĀ RsĀ 84.61 per litre, according to Indian Oil Corporation. This is the 14th increase in prices since May 4, when state-owned oil firms ended an 18-day hiatus in rate revision they observed during assembly elections in states like West Bengal. Petrol is inching towards theĀ RsĀ 100 mark in Mumbai. The revisedĀ petrol prices in the financial capital are atĀ RsĀ 99.94Ā per litre. Diesel is priced atĀ RsĀ 91.87 per litre in Mumbai. In neighbouring Thane, the price of petrol has crossed the 3-figure mark, atĀ Rs 100.06 a litre and diesel is atĀ RsĀ 91.99 per litre. Moreover, the petrol rates have already crossed theĀ RsĀ 100-mark in several cities in Rajasthan & Madhya Pradesh. Fuel rates vary across the states in the country due to value-added tax or VAT. Watch the video to know more.
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