Petrol Diesel Price hikes begin, brace for daily hikes

Petrol and Diesel prices set to be hiked by over 80 paise/litre, the first hike since November and as many experts are anticipating the first of many hikes to come.

The new rates will be effective from March 22, 6:00 AM.

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Petrol in Delhi will cost Rs 96.3/lt which diesel will cost Rs 87.5/lt

In Mumbai, petrol would cost Rs 110.82 while diesel would stand at Rs 94.94.

The price of petrol in Chennai would increase to Rs 102.2 while diesel will cost Rs 92.23.

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In Kolkata, petrol will cost Rs 105.47 and diesel Rs 90.59 per litre.

While retail fuel has remained unchanged for a record 137 days, aviation fuel is up 50% in the last 3 months and bulk diesel prices up Rs 25/lt as crude prices soar 25% from the November levels.

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