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The oil marketing companies on Tuesday decided to break their three-day pause to increase petrol and diesel prices by a sharp 35 paise per litre.
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According to Telangana Petroleum Dealers Association, for the first time in Hyderabad, the petrol price has crossed Rs 90 mark and diesel price shot up to Rs 84 per litre.
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Just as expected, the internet unleashed its fury at the way the middle class seemed to have been ignored in the budget and made memes taking out references from popular media.
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The price of branded or premium petrol price had crossed Rs 100-mark in Sriganganagar town of Rajasthan on January 27.
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To invest Rs 25 crore and appoint 100 more people
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With Wednesday's price rise, petrol is available at new record high of Rs 86.30 a litre in Delhi while diesel is available in the city at Rs 76.48 a litre.
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The former Congress chief's attack came a day after petrol and diesel prices in the country touched new all-time highs after rates were increased for the fourth time in the week.
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Hyderabad: Fuel prices continued to rise in the city with both petrol and diesel costing over 50 paise more in the last two days. According to city petroleum dealers, the price of petrol rose to Rs.88.63 after a hike of 26 paise on Tuesday, while the price of diesel was Rs 82.26 after increasing by […]
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Accordingly, in the national capital, petrol continued to be sold at the new record high level of Rs 84.70 a litre while diesel prices remained at Rs 74.88 per litre.
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The glimpses are already there, with a steady rise already in effect from the first week of January
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In the national capital, petrol was sold at the record high level of Rs 84.70 per litre. Prices in Mumbai, Chennai and Kolkata were Rs 91.32, Rs 87.40 and Rs 86.15 per litre, respectively.
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Across the country as well the pump price of petrol and diesel increased on Wednesday but the quantum varied depending on the prevailing tax structure in each state.
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Petrol price was hiked by 30 paise per litre and diesel by 26 paise, according to a price notification of oil marketing companies.
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This is the fifth straight day of price hike and the 14th increase in rates since November 20 when oil companies resumed daily price revision after nearly two-month hiatus.
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This is the highest rate for petrol and diesel since September 2018 and followed the 13th increase in rates since November 20.
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This is the 12th increase in rates since November 20 when oil companies resumed daily price revision after a nearly two-month hiatus.
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This is the eighth increase in rates since November 20 when oil companies resumed daily price revision after nearly two-week hiatus.
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In three days, petrol price has gone up by 40 paise and diesel rates have risen by 61 paise per litre.
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On Friday, petrol price was raised by 17 paise per litre and diesel by 22 paise.
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While demand for petrol has been more resilient than diesel due to an increased preference for using personal vehicles instead of public transport to follow distancing norms.