Petrol prices up again, selling at Rs 87.29 a litre in Mumbai

WION Web Team New Delhi, Delhi, India Oct 07, 2018, 06.51 AM(IST)

File photo. Photograph:( Reuters )

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In Delhi, prices of petrol and diesel were hiked by 0.14 paise and 0.29 paise.

Days after the Central government provided relief to citizens by announcing a reduction of fuel prices across the country, fuel prices continued to rise on Sunday.

The price of petrol in Mumbai increased by 0.14 paise to Rs 87.29 per litre, while the price of diesel rose by 0.31 paise to Rs 77.06 per litre.

In Delhi, prices of petrol and diesel were hiked by 0.14 paise and 0.29 paise. Petrol now costs Rs 81.82 a litre while diesel is priced at Rs 73.53, according to the Indian Oil Corporation Limited.

Consumers received some relief from skyrocketing fuel prices when the central government cut excise duty on fuel by Rs 2.50 per litre on Thursday. Modi government also asked state governments to slash taxes by an equal margin. While several BJP-ruled states obliged, others refused by saying they had already cut VAT on fuel. 

There is also a raging debate over the most-recent price cut with BJP president Amit Shah saying that it reflects how this government is sensitive to the needs of the people. Congress countered by saying that the reduced prices are like 'putting band-aid after inflicting a thousand cuts.'