Petrol price up 91p per litre, diesel 56p

The petrol price was on Friday hiked by 75 paise and diesel by 50 paise a litre. The hikes, effective from midnight Friday, were excluding local sales tax or VAT and actual increase would be higher and vary from city to city.

The petrol price, which was last hiked by 41 paise excluding VAT on December 21 as government raised commissioned paid to petrol pump dealers, would cost Rs 72.43 a litre in Delhi, up 91 paise from Rs 71.52 currently. The price of diesel in Delhi will be hiked by 56 paise, including tax, to Rs 54.34 per litre.

The diesel price increase is in line with the January 2013 decision of the Government to raise rates by up to 50 paise per month.
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