INSUBCONTINENT EXCLUSIVE:
Petrol and diesel prices remained steady for the second consecutive day on Thursday
On June 28, petrol prices in Delhi stood at Rs 75.55, and at Rs 78.23 in Kolkata
In Mumbai and Chennai, petrol will sell on Thursday for Rs 83.12 and Rs 78.40
Similarly, diesel prices remained unchanged for the second straight day. In Delhi, diesel is being sold for Rs 67.38 and for Rs 69.93 in
In Mumbai and Chennai, however, diesel prices stand at Rs 71.52 and Rs 71.12, respectively
The new fuel prices will be effective from 6 am on Thursday
The last fuel price took place on Tuesday (June 26) when petrol prices were slashed in the range of 14-18 paise across cities, and diesel
prices were cut in the range of 10-12 paise nationwide.Petrol prices in Delhi are the lowest among all metro cities due to lower sales tax
or VAT.Petrol, Diesel Prices In Metro Cities On ThursdayIn Delhi, petrol sells for Rs 75.55 and diesel for Rs 67.38The fuel prices are being
regularly cut since May 30
So far, petrol prices have been slashed by Rs
2.88 (Delhi) since May 29 when its price touched a peak of Rs
Similarly, diesel prices have been revised downward by Rs
1.93 since May 29 when the prices hit a record high of Rs
69.31.Petrol Prices In Non-Metro Cities The government deregulated or freed petrol pricing from its control in June 2010 and diesel in
It allowed revision of prices on a daily basis since mid-June last year to reflect changes in cost instantly
The government at the Centre had raised excise duty on petrol by Rs
11.77 a litre and that on diesel by Rs
13.47 a litre in nine instalments between November 2014 and January 2016 to shore up finances as global oil prices fell, but then cut the
tax just once in October last year by Rs
2 a litre, the report further said.
