Petrol price on Saturday was hiked by 89 paise per litre, the sixth increase in rates since September, and diesel by 86 paise a litre, the third increase in a month.
The price hike announced by Indian Oil Corp (IOC) is excluding local sales tax or VAT and was effective from Saturday midnight. After including VAT, petrol in Delhi will cost Rs 67.62 a litre, up Rs 1.17.
Similarly, diesel will cost Rs 56.41 a litre after including VAT in Delhi, up Rs 1.03 as compared to Rs 55.38 at present.
This is the sixth increase in petrol price since September 1, the last hike being on October 16 by Rs 1.73 a litre. The five previous hikes had totalled Rs 6.36 a litre and after including the latest increase, the price of petrol has gone up by Rs 7.53 per litre in just over two months.
In case of diesel this is the third price increase in a month, the previous being of Rs 2.77 per litre on October 16.
The three price increases totalled Rs 3.90 a litre.
