
Fuel Prices Rise By 80 Paise For Second Consecutive Day
NDTV
The resumption of fuel price hikes has fanned concerns of stoking inflation, which is already above the targeted 6 per cent level.
The retail price of petrol and diesel on Wednesday was increased by 80 paise each in Delhi for the second consecutive day.
A litre of petrol in Delhi will now cost RS 97.01, while diesel price has been raised to Rs 88.27.
Petrol and diesel prices were on Tuesday hiked by 80 paise a litre each while domestic cooking gas LPG rates were increased by Rs 50 per cylinder as state oil firms ended an over four-and-half month hiatus in rate revision, fanning inflation fears.
While LPG rates were last revised on October 6, 2021, petrol and diesel prices had been on a freeze since November 4 as five states, including Uttar Pradesh and Punjab, went to the polls.