New Delhi: The price of diesel was today hiked by 50 paise per litre excluding taxes, while that of petrol was kept unchanged. The ...
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New Delhi: The price of diesel was today hiked by 50 paise per litre excluding taxes, while that of petrol was kept unchanged.
The revised prices, which will take effect from midnight, are excluding local sales tax, or VAT, and actual increase will be higher and vary from city to city.
The prices were last revised on January 3, when petrol was made more expensive by 70 paise and diesel by 50 paise a litre, without taxes.
Diesel price increase is in line with the January, 2013 decision of the government to raise rates by up to 50 paise per month till such time that the entire losses on the fuel are wiped out, and prices made market determined.
Since last January, diesel prices have been raised by a cumulative 7.69 a litre.
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