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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