Petrol, diesel price rises by 60 paise/litre

In the first hike in the initial price in 80 days, Indian fuel retailers have increased petrol and diesel prices by 60 paise a litre each.

It was on March 16 that Fuel prices were last changed. However, due to the value added tax (VAT) levied by some state governments or cess to maintain their revenues, the decrease in price during the coronavirus-induced lockdown did not appear to have created much impact.

The Center levies specific excise duty on the two fuels. On March 14, it charged additional Rs 3 per litre for petrol and diesel each to fund its Covid-19 relief measures increasing total central levies on petrol are to Rs 22.98 per litre on petrol and Rs 18.83 per litre.

Here is what petrol and diesel will cost in top cities:

New Delhi: Petrol Rs 71.86 and diesel Rs 69.99

Gurgaon: Petrol Rs 71.68 and diesel Rs 63.65

Mumbai: Petrol Rs 78.91 and diesel Rs 68.79

Chennai: Petrol Rs 76.07 and diesel Rs 68.74

Hyderabad: Petrol Rs 74.61 and diesel Rs 68.42

Bengaluru: Petrol Rs 74.18 and diesel Rs 66.54