New Delhi: Petrol and diesel prices were hiked yet again even as international crude prices lie at low levels. Petrol cost has been upped by 29 paise and diesel by 30. This is the 11th time fuel prices have been raised in January alone.
With this, petrol prices in Kochi figure at Rs 86.75 in Kochi while diesel sells for rs 80.97 paise. In Thiruvananthapuram, their prices stand at Rs 88.53 and Rs 82.65 respectively.
Incessant increase in Centre’s excise duty - now nearly as much as base price of each fuel - is behind this continued price-hike despite low crude prices in the international markets.
