Oil marketing companies on Saturday hiked fuel prices for a 21st straight day. While petrol prices were hiked by 25 paise to Rs 80.38 a litre, diesel will now cost 80.40 per litre in the national capital.
The price of petrol has been increased by Rs 0.25 per litre while that of diesel by Rs 0.21 per litre. Rates differ from state to state, depending on value-added tax (VAT). The state had increased the VAT on diesel from 16.75 per cent to 30 per cent and on diesel from 27 per cent to 30 per cent. This hike in VAT