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Petrol prices in India touched new all-time highs after oil marketing companies increased rates on Friday, fuelling hopes that the government cuts excise duties.
Petrol price in Delhi soared by 30 paise to Rs 86.95 a litre on Friday. This marks the highest ever price at which petrol has been sold in New Delhi, surpassing the earlier high of Rs 86.65 a litre that was recorded yesterday. Diesel inched up by 35 paise to Rs 76.83.
Petrol prices in Mumbai stood at Rs 93.49 on Friday as compared with Rs 93.20 yesterday. One litre of diesel will cost Rs 83.99 in
