Petrol and diesel prices on Wednesday scaled new highs in the country as rates were hiked for the second day in a row.
Petrol price was hiked by 30 paise per litre and diesel by 25 paise a litre, according to a price notification of state-owned fuel retailers.
The increase took petrol price to an all-time high of ₹ 87.60 a litre in Delhi and to ₹ 94.12 in Mumbai.
Diesel rates rose to ₹ 77.73 per litre in the national capital and to an all-time high of ₹ 84.63 in Mumbai.
Rates vary from state to state depending on the local incidence of taxation (VAT) and freight.
Oil Minister Dharmendra Pradhan in Rajya Sabha said the government is not considering a reduction in excise duty to cool rates from their record highs.
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