Categories: Business

Petrol, diesel prices increased: Details

  Indian state fuel retailers hiked petrol and diesel prices across the country on Tuesday, the highest in nearly five…

Reading Time: 2 minutes

Indian state fuel retailers hiked petrol and diesel prices across the country on Tuesday, the highest in nearly five years.

Details:

1. A day before Karnataka assembly poll result, on Monday (May 14), petrol prices were raised by about 0.2% (17 paise) and diesel prices by 0.3% (21 paise) in all major cities, said the Indian Oil Corporation (IOC).

2. On Tuesday (May 15), in a second rise this month, the IOC increased petrol prices by 15 paise a litre and diesel prices by 23 paise a litre.

3. With this, petrol price reached a new high in 56 months, while diesel price got a new all-time high.

4. The new prices came to effect from 6 am on May 15.

5. Now petrol will cost you 74.95 per litre in national capital Delhi, Rs. 77.65 per litre in Kolkata, Rs.82.79 per litre in Mumbai and Rs. 77.77 per litre in Chennai.

6. Diesel prices now stand at Rs. 66.36 per litre in New Delhi, Rs. 68.9 per litre in Kolkata, Rs. 70.66 per litre in Mumbai and Rs.70.02 per litre in Chennai.

7. The IOC mentioned on its official website iocl.com that in comparison to May 14 rates, petrol prices were increased by 15 paise a litre in Delhi and Kolkata, 14 paise a litre in Mumbai, and 16 paise a litre in Chennai.

8. Diesel prices saw a rise of 22 paise a litre in Delhi and Kolkata, and 23 paise in Mumbai and Chennai.

9. According to the IOC, so far, petrol prices have been increased by Rs. 4.98 per litre in Delhi, Rs. 4.93 per litre in Kolkata, Rs. 4.92 per litre in Mumbai and Rs. 5.24 per litre in Chennai.

10. Diesel prices have seen a rise by Rs. 6.72 per litre in Delhi, Rs. 6.6 per litre in Kolkata, Rs. 7.39 per litre in Mumbai and Rs. 7.19 per litre in Chennai.

11. On Apr 25, the IOC had stopped revising petrol and diesel prices on a daily basis.

Sreya is based in Kolkata. She is a Senior Editor of Big Wire.

Sreya is based in Kolkata. She is a Senior Editor of Big Wire.

Recent Posts

What you need to know about safe schooling

The media perkiness on the recent mishap in a private educational institution at Gurgaon forced the administration to response on…

3 hours ago

India’s first cruise service from Mumbai to Goa: Details

India's first passenger cruise service has been launched between Mumbai and Goa. Here are the details you need to know:…

23 hours ago

Spotting the elusive Indus river dolphin

May,25 2018 In the first ever survey of the Indus river dolphin in India, a number of the rare creatures…

24 hours ago

The Rise and Rise of Indian Malls

  Rapid urbanization and digitization, increasing disposable incomes and lifestyle changes of the middle-class are leading to a major revolution…

2 days ago

Kantha embroidery empowers women in rural Bengal

A single woman’s journey to earn a dignified livelihood has today evolved into a revival of the traditional Kantha embroidery…

2 days ago

HD Kumaraswamy is new Karnataka chief minister

Janata Dal (Secular) [JD(S)] leader H.D. Kumaraswamy will officially take oath as the 18th chief minister of Karnataka on Wednesday…

3 days ago