Epic Research

Saturday, September 14, 2013

Epic Update : Petrol price hiked by Rs 1.63 a litre



Epic Update Fuel price hikePetrol prices have steeply risen by Rs 10.80 per litre since June; this is the seventh such increase.
Petrol prices were on Friday hiked by Rs 1.63 per litre, the seventh increase since June, on rising oil rates and falling rupee.

The increase excludes local sales tax or VAT and will be effective midnight on Friday, oil firms said.
The petrol price in Delhi will go up by Rs 1.96 to Rs 76.06 per litre, while it will cost Rs 83.63 per litre in Mumbai, as against Rs 81.57 currently.

With this increase, petrol prices have gone up by a massive Rs 10.80 per litre since June, excluding VAT. The price in Delhi has surged by Rs 13.06 per litre, inclusive of state tax, since June 1.


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