Petrol and diesel prices reached a new unprecedented level on Friday after oil marketing companies announced a sharp hike on Friday.
In Delhi, petrol rose 48 paise to be sold at Rs 79.99 per litre. With a similar hike, petrol in Mumbai is priced at Rs 87.39 per litre.
Diesel prices saw an even bigger hike on Friday. While in Delhi, prices rose by 52 paise, in Mumbai, the rates went up by 55 paise. The fuel is retailing at Rs 72.07 and Rs 76.51 per litre in Delhi and Mumbai respectively.
Except for a halt on Wednesday, petrol and