Petrol prices touch Rs 90.11 in this Indian city

Petrol and diesel prices are revised daily by state-run oil firms

Petrol and diesel prices are revised daily by state-run oil firms

On Tuesday, petrol was being sold at Rs 80.87 and diesel at Rs 72.97 per litre in the national capital of Delhi. So, the prices would have fallen by one rupee only if the prices had remained at May 30 levels, which was Rs 82.62 a litre for petrol and Rs 75.19 a litre for diesel.

While Rajasthan on Sunday announced a 4 per cent cut in the VAT on petrol and diesel, Andhra Pradesh Monday said fuel prices will be reduced by Rs 2 each from the cut in sales tax. "Under Modi, the country has reached a low", Leader of Opposition Ramesh Chennithala said while inaugurating his party's protest in Kochi. The nationwide bandh has been called by the Congress over rising fuel prices and depreciation of the rupee.

Fuel prices continued to inch up on Tuesday despite the opposition's Monday's Bharat Bandh against rising petrol and diesel prices.

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The price of petrol crossed the Rs 90 mark in Maharashtra today, a day after Opposition parties - most notably the Congress - took part in a Bharat Bandh to protest the soaring costs of fuel.

Addressing the Legislative Assembly, the AP chief minister N Chandrababu Naidu accused the BJP government at the centre for not considering to reduce fuel prices despite earning large sums through various taxes.

NCP chief Sharad Pawar, who shared the dais with other Opposition leaders, said it is necessary to make the government understand that they have completely failed to serve the nation. While the dharna was on, Karnataka CM H.D. Kumaraswamy met the Prime Minister seeking a relief of Rs. 1,199 crore for flood-hit districts of the State.

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Condemning the statement of the union petroleum minister Dharmendra Pradhan that the petroleum prices were increased due to hike petroleum prices in global market and increase in Value-Added Tax by state governments, Naidu said such statements were far from truth and were aimed only to mislead the people.

These fuel price figures were released by the BJP.

Meanwhile, the BJP said the hike in fuel prices was a "momentary difficulty" and claimed the shutdown was a complete failure. "The decision to slash taxes on diesel and petrol by Rs 2 a litre was taken only keeping in view the unbearable burden on the common man despite the financial crisis in the state with deficit budget", said Naidu.

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