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Petrol, diesel prices hiked by 80 paise; ninth increase takes total rise to Rs 5.60

Petrol in Delhi will now cost Rs 101.01 per litre as against Rs 100.21 previously while diesel rates have gone up from Rs 91.47 per litre to Rs 92.27.

India TV Business Desk Edited by: India TV Business Desk New Delhi Updated on: March 30, 2022 7:34 IST
petrol diesel price hike
Image Source : PTI

Petrol, diesel prices hiked by 80 paise

Highlights

  • Rates have been increased across the country and vary from state to state
  • This is the ninth increase in prices since the ending of a four-and-half-month long hiatus
  • On the first four occasions, prices were increased by 80 paise a litre

Petrol and diesel prices were on Wednesday hiked by 80 paise a litre each, taking the total increase in rates in the last nine days to Rs 5.60 per litre. Petrol in Delhi will now cost Rs 101.01 per litre as against Rs 100.21 previously while diesel rates have gone up from Rs 91.47 per litre to Rs 92.27 according to a price notification of state fuel retailers.

In Mumbai, petrol will now be sold at Rs 115.88 per litre, while diesel will be sold at Rs 100.10 (after an increase by 84 paise & 85 paise respectively).

In Chennai, petrol will now cost Rs 106.69 (increased by 75 paise), while diesel will cost Rs 96.76 (increased by 76 paise). 

In Kolkata, the price of petrol was increased by 84 paise and will now cost Rs 110.52 per litre, while the price of diesel was hiked by 80 paise, following which it will now cost Rs 95.42 per litre. 

Rates have been increased across the country and vary from state to state depending upon the incidence of local taxation.

This is the ninth increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22. 

On the first four occasions, prices were increased by 80 paise a litre - the steepest single-day rise since the daily price revision was introduced in June 2017. 

On the following days, petrol price went up by 50 paise and 30 paise a litre while diesel rose by 55 paise and 35 paise a litre. Petrol price was on Tuesday hiked by 80 paise a litre and diesel by 70 paise.

In all, petrol and diesel rices have gone up by Rs 5.60 per litre each. 

Also Read | Sensex, Nifty rebound on gains banking, oil & gas shares

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