Fuel prices touch 2-year high

December 07, 2020 14:10

Petrol and diesel prices were hiked sharply on Monday as global rates continue to rise. Petrol and diesel rates, which have been rising for the past six days, are now at the highest level since September 2018.

On Monday, the price of petrol was hiked by 29-31 paise across all circles in the country. After todays hike, a litre of petrol in Delhi will cost Rs 83.71, up 30 paise from Rs 83.41 on Sunday. The price has crossed Rs 85 per litre in most cities like Kolkata, Chennai, Bengaluru, Hyderabad and Patna.

In Mumbai and Jaipur, a litre of petrol now costs more than Rs 90. Petrol price has seen a sharp rise over the past few days in almost all cities and could become weigh in on the projects of early economic recovery.

Diesel, too, has seen an equally sharp rise in rate. After increasing almost 30 paise yesterday, diesel price in Delhi has been again increased by 26 paise today. Now, a litre of diesel in Delhi will cost Rs 73.87 in comparison to Rs 73.61 yesterday.

In Mumbai, Jaipur, Hyderabad and Bhubaneshwar, diesel rates have crossed Rs 80 per litre. In all other major cities, the rate has crossed Rs 75 per litre. In the last 17 days, the price of petrol has gone up by Rs 2.35 per litre while diesel rate has increased by Rs 3.15.

« Back to LIVE

TOP STORIES

Kejriwal's aide Bibhav Kumar arrested in Swati Maliwal 'assault' case

Bibhav Kumar was produced before Metropolitan Magistrate Gaurav Goyal who sent him to five-day police custody after the police sought his remand to question him about the incident and to retrieve data from his phone.

Back to back terror attacks in J-K: Ex-sarpanch killed, tourist couple shot at

Terrorists struck at two places in Kashmir on Saturday night, killing a former sarpanch in Shopian and injuring a tourist couple from Rajasthan in Anantnag, two days ahead of Lok Sabha elections in Baramulla.

I dedicate my man of the match award to Dayal: Faf du Plessis

Pacer Yash Dayal kept his cool in a tense final over to seal a 27-run win against Chennai Super Kings and send RCB through to the play-offs.

IPL PIX: Spirited RCB knock out CSK; qualify for play-offs!

A spirited performance from their bowlers saw Royal Challengers Bengaluru outclass Chennai Super Kings by 27 runs to qualify for the play-offs.

Banking industry doyen N Vaghul dies at 88

Veteran banker N Vaghul, who led the transformation of ICICI into a private sector lender, died on Saturday afternoon due to health complications. He was 88. Vaghul took over the reins of ICICI, then a public finance institution, in...