14th price hike in 16 days makes petrol, diesel dearer by Rs 10/litre in India

The prices of petrol and diesel have been affected by the ongoing war between Russia and Ukraine.Petrol and diesel prices today

NEW DELHI:  With the fuel prices going up by another 80 paise a litre on Wednesday, petrol and diesel in the past 16 days and after 14 hikes have become dearer by Rs 10 a litre. Petrol in the national capital crossed the Rs 105 mark today, whereas, in Mumbai, it has surpassed Rs 120.

With the latest hike in prices, petrol now costs Rs 105.41 per litre in Delhi, whereas diesel is priced at Rs 96.67 per litre. In Mumbai, petrol costs Rs 120.51 per litre after an increase of 84 paise and diesel is selling at Rs 104.77 a litre,  Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Tuesday defended the central government over the issue of fuel price hike, comparing it with that of other countries, saying that India has merely seen a change of “only 5 per cent”.

“Fuel prices hiked in India are 1/10th of the change of prices in other countries. Comparing gasoline (petrol) prices between April 2021 and March 2022, the prices in the United States of America (USA) have increased by 51 per cent, Canada by 52 per cent, Germany by 55 per cent, the United Kingdom (UK) by 55 per cent, France by 50 per cent, Spain 58 per cent but in India only 5 per cent,” said Puri in Lok Sabha.