In order to give relief to consumers, who were battered by record-high fuel prices, the government had cut excise duty on petrol by Rs. 5 per litre and on diesel by Rs. 10 per litre, on November 3.
Fuel prices remained stagnant on November 27, for the 23rd day in a row, according to a price notification issued by the state-owned fuel retailers. Earlier this month, the central government had reduced the excise duty on petrol and diesel to bring down retail rates from record highs. In the national capital Delhi, one litre petrol continues to retail for Rs 103.97 while diesel is also unchanged at Rs 86.67 per litre.
In order to give relief to consumers, who were battered by record-high fuel prices, the central government had reduced the excise duty on petrol by Rs 5 per litre and on diesel by Rs 10 per litre. The cut in excise duty took the petrol rates on November 4 in the national capital to Rs 103.97 a litre, and diesel to Rs 86.67 per litre. As there has been no hike in fuel prices since then, the retail rates continue to remain the same.
In Mumbai too, the petrol price remained unchanged and retailed at Rs 109.98 a litre. A litre of diesel is being sold for Rs 94.14 per litre in the city. On May 29, Mumbai became the first metro in the country, where petrol touched the Rs 100 per litre mark.
Petrol and diesel prices in Kolkata were also stagnant on November 27 at Rs 104.67 per litre and Rs 89.79 per litre, respectively. A litre of petrol and diesel in Chennai is also being sold at unchanged price for the last several weeks. Petrol costs Rs 101.40 a litre, while diesel is Rs 91.43 per litre in the Tamil Nadu capital.