India Hikes Fuel Prices For 8th Time In 9 Days

By: Hamilton Nwosa
Cat:
News

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India on Wednesday increased fuel price again making it the eighth time in the last nine days.

According to a price notification by state fuel retailers, in the capital city of Delhi, petrol and diesel prices have been hiked by INR 0.80 a litre respectively.

A liter of petrol in Delhi now costs INR 101.01 (1.33 U.S. dollars) and diesel was sold at INR 92.27 (1.22 dollars) per litre.

In Mumbai city, petrol was retailed at INR 115.88 (1.53 dollars) a litre, while diesel was being sold at INR 100.10 (1.32 dollars) per litre.

India’s metropolitan cities, Mumbai have the highest fuel price as prices vary across Indian states due to Value-Added Tax or local taxation.

Fuel rates were held steady for more than four months in the country in spite the spike in crude oil prices. The rate revision ended on March 22.

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Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

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