Petrol price crosses ₹ 100 a litre in Mumbai

Petrol price on Saturday crossed the ₹ 100-a-litre mark in Mumbai after the 15th increase in fuel prices this month.

Petrol price was increased by 26 paise per litre and diesel by 28 paise a litre, according to a price notification of state-owned fuel retailers.

The increase – 15th this month – took petrol and diesel prices to a fresh all-time high across the country.

The price of petrol, which had already crossed the ₹ 100-mark in several cities in Rajasthan, Madhya Pradesh and Maharashtra, breached the psychological barrier in Mumbai on Saturday.

Petrol now costs ₹ 100.19 a litre in Mumbai and diesel comes for ₹ 92.17 per litre.

Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. Rajasthan levies the highest value-added tax (VAT) on petrol in the country, followed by Madhya Pradesh and Maharashtra.

In Delhi, the petrol price rose to ₹ 93.94 a litre and diesel to ₹ 84.89.

This is the 15th increase in prices since…

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