Indian motorists continue to be harangued by the incessant rise in the price of fossil fuels. The first price increase in the calendar year 2021 happened on January 6-7, and was followed by another two days of increase on January 13-14.
- Petrol prices in Mumbai and Delhi stand at Rs 91.32 and Rs 90.83, respectively
- Diesel prices in Mumbai and Delhi rise to Rs 81.6 and Rs 74.88, respectively
- Increase in global crude oil prices has resulted in the hike
The price of petrol today – January 14 – has hit Rs 91.32 a litre in Mumbai, which makes it just 2 paise short of the all-time high of Rs 91.34 recorded on October 4, 2018. On January 7, the price of a litre of petrol in India’s financial capital was Rs 90.83, which means the fuel has seen an increase of 49 paise over the past week. Any guesses when the all-time high for petrol prices will be breached? Clearly,…