Rs 72.38 a litre: Petrol prices hit highest level since Modi came to power

Fuel, petrol, diesel

Diesel also touched record high of Rs 63.20 a litre, prompting oil ministry to seek cut in excise duty in the upcoming Union Budget


BUDGET NEWS : Petrol costs on Tuesday hit the highest stage since the BJP government came to electricity in 2014, and diesel touched a record high of Rs sixty three.20 a litre, prompting the oil ministry to are trying to find a reduce in excise obligation.

Petrol charge rose to Rs seventy two.38 in step with litre in Delhi, highest on the grounds that March 2014, in keeping with each day gasoline price listing of country-owned oil companies.

prices have risen by way of Rs three.31 in line with litre on account that mid-December. In Mumbai, expenses have crossed Rs eighty-mark - most expensive in the usa.

Diesel is being bought at Rs 67.30 in Mumbai, wherein the local sales tax or VAT charges are better.

given that mid-December, diesel costs have jumped Rs 4.86 a litre, according to oil corporations.

The spurt in fees, caused by the rally in international oil expenses, has brought about the oil ministry asking the finance ministry for a reduce in excise duty in the Union budget 2018-19, to be supplied in Parliament subsequent week.
CLICK HERE TO READ MORE :  UNION BUDGET 2018

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