Get ready to pay more for petrol from Sunday. Following the steep fall in the rupee against the US dollar, state-owned oil companies — Indian Oil, Hindustan Petroleum and Bharat Petroleum — on Saturday announced a sharp increase in petrol prices by up to R2.50 a litre (including taxes) across various cities in India.
Petrol prices were last revised upwards on June 1 by Rs. 1 a litre (including state levies) again on account of devaluation of the rupee.
Every litre of petrol will now cost Rs. 66.39 in Delhi (up by Rs. 2.40), Rs. 74.60 in Mumbai, Rs. 69.39 in Chennai and Rs. 73.79 in Kolkata. In NCR, every litre of petrol would cost Rs. 67.58 in Gurgaon, Rs. 72.76 in Noida and Rs. 72.65 in Ghaziabad.