Discussion Petrol, Diesel, CNG and LPG updates in India

Kerala
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Petrol price hits 4-year high in Delhi, diesel at all-time high

Petrol price on Sunday hit a four-year high of Rs73.73 a litre while diesel rates touched an all-time high of Rs64.58 in the national capital, renewing calls for the government to cut excise tax rates.

India has the highest retail prices of petrol and diesel among South Asian nations as taxes account for half of the pump rates. Jaitley had raised excise duty nine times 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 Rs2 a litre.
 
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