Fuel Price Hike In India!!!



State-run oil marketing companies raised the prices of petrol and diesel on Monday, a day after there was no hike in rates that were increased continuously for three weeks.

Auto fuel prices were not hiked on Sunday for the first time since June 7 when oil marketing companies resumed the daily revision of rates after 82 days.

In Delhi, petrol will now cost Rs 80.43 per litre after an increase by 0.05 paise and diesel remained costlier at Rs 80.53 for every litre after its rate was raised by 13 paise. On Saturday, petrol was priced at Rs 80.38 for every litre and diesel at Rs 80.40 per litre in Delhi.

Out of the price almost Rs 33 is taken by Central as Excise duty and Rs 17 by State. Out of Rs 33, 42% is taken by State govt as commission.

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