Petrol price on Wednesday was hiked by 40 paise per litre and diesel by 45 paise, the fourth straight daily increase in rates after oil PSUs ended an 82-day hiatus in rate revision.
Petrol price in Delhi was hiked to ₹73.40 per litre from ₹73, while diesel rates were increased to ₹71.62 a litre from ₹71.17, according to a price notification of state oil marketing companies.
The rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.
This is the fourth daily increase in rates in a row since oil companies on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus.
In four hikes, petrol price has gone up by ₹2.14 per litre and diesel by ₹2.23.
A letter from the Editor
We have been keeping you up-to-date with information on the developments in India and the world that have a bearing on our health and wellbeing, our lives and livelihoods, during these difficult times. To enable wide dissemination of news that is in public interest, we have increased the number of articles that can be read free, and extended free trial periods. However, we have a request for those who can afford to subscribe: please do. As we fight disinformation and misinformation, and keep apace with the happenings, we need to commit greater resources to news gathering operations. We promise to deliver quality journalism that stays away from vested interest and political propaganda.