Across the country as well, the prices largely remained unchanged on Tuesday but the retail rates varied depending on the level of local taxes.
The pump price of petrol in Delhi, which fell to Rs 103.97 a litre at 6 a. m. on November 4 from previous day's Rs 110.04 a litre, remains at the same level. The diesel prices also remained unchanged in the capital at Rs 86.67 a litre.
Across the country as well, the price of the fuel largely remained unchanged on Thursday but the retail rates varied depending on the level of local taxes.
The union finance minister remained non-commital on excise duty cut on petrol and diesel saying payments in lieu of past subsidised fuel pose limitations.
The price of petrol and now that of diesel has crossed Rs 100 per litre at several places.
The statement assumes significance in view of the outcry over the rise in petrol price for the past over one year that touched Rs 100 per litre in some states.
The Jammu and Kashmir Congress also said, 'this regime is acting brazenly in adding to the woes of people'.
The move will provide some respite to people stung by burgeoning prices of fuel, said State Finance Minister Amit Mitra
In a series of tweets, Ashok Gehlot targeted the Centre and cleared his stand on the rumours that Rajasthan levies highest tax on fuel prices.
Oil Minister Dharmendra Pradhan had on Wednesday blamed output cut by oil-producing nations for the rally in international oil prices that have translated into higher retail rates in India.
Prime Minister Narendra Modi said the government is set to spend over Rs 7.5 lakh crore in the country’s oil and gas infrastructure in the next five years.
Petrol and diesel prices were hiked by 35 paise per litre each on Tuesday
Petrol and diesel prices were hiked by 25 paise per litre each
This is the second straight day of a price increase. Rates were hiked by 25 paise each on Wednesday after a five-day hiatus.
There is a mismatch between international demand and supply due to the COVID-19 pandemic, and other factors. However, supply cuts and global inventories will decide future prices.
Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.
Global crude oil benchmarks are at a nearly two-decade low as more than 90 per cent of the world is under lockdown, with economies at a complete standstill
US benchmark West Texas Intermediate for May delivery was changing hands at USD 0.56 a barrel after closing at - USD 37.63 in New York.
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
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