This year itself is a bad start for auto enthusiast with a rise in diesel price by upto Rs. 10 in over next 10 months, now again we have some bad news for petrol car and motorcycle users across the country, the petrol prices has been hiked by 35 paise per litre from today (16/01/2013) in line with firming raw material cost.
Petrol now costs Rs. 67.56 per litre in Delhi, the prices vary from city to city due to differential local sales tax or VAT rates. This is the first revision in rates of petrol, which was deregulated by the government, since November. Petrol price was cut twice in October and November – first by 56 paise and then by 95 paise per litre.
Since the petrol prices have been hiked over night silently, so nobody from the Govt or oil marketing companies was available for comments. However one good news for the diesel vehicle owners is that Government of India might postponed the hike in diesel prices for some more months.