Petrol, diesel prices scale new highs

Petrol and diesel prices set new records on Sunday as they continued their upward march on fall in rupee and surge in global crude oil rates.

Petrol price was raised by 12 paise a litre and diesel by 10 paise per litre, according to the price notification issued by state fuel retailers. The increase pushed the petrol price in Delhi to Rs 80.50 per litre.

Diesel rate touched its highest level of Rs 72.61 a litre.

Fuel prices in Delhi are the cheapest among all metros and most state capitals due to lower taxes.

Opposition parties have called for a nation-wide 'Bharat Bandh' on Monday (September 10) to protest against the spiralling fuel prices. They blame the government's unwillingness to cut excise duty for the high fuel prices and consumer burden.

Since mid-August, petrol price has risen by Rs 3.42 a litre and diesel by Rs 3.84 per litre as rupee hit record low against the US dollar, making imports costlier.

(Agencies)