Petrol and diesel prices were hiked again by 80 paise a litre each today, taking the total increase in rates to 10 per litre in 16 days.
Petrol in Delhi will now cost 105.41 per litre as against 104.61 yesterday, while diesel rates have gone up from 95.87 per litre to 96.677, according to a price notification of state fuel retailers.
In Mumbai, petrol will be retailed at 120.51 per litre, while diesel is priced at 104.77 per litre.
Hardeep Singh Puri, Union Minister for Petroleum and Natural Gas, on Tuesday defended the fuel price hike, comparing it with that of other countries, saying that India has merely seen a change of "only 5 percent."
"Fuel prices hiked in India are 1/10th of the change in prices in other countries. Comparing gasoline (petrol) prices between April 2021 and March 2022, the prices in the United States of America (USA) have increased by 51 percent, Canada by 52 percent, Germany by 55 percent, the United Kingdom (UK) by 55 percent, France by 50 percent, Spain 58 percent, but in India only 5 percent, "Mr. Puri said in Lok Sabha.
Rates have been increased across the country and vary from state to state depending upon the incidence of local taxation.
This is the 14th increase in prices since the end of a four-and-a-half-month long hiatus in rate revision on March 22.