June's petrol price could rocket past R15 a litre


Similarly, diesel price has also gained 22 paise and jumped from Rs 71.19 per litre to Rs 71.41 on Tuesday night.

Diesel price in Mumbai: Shockingly, the diesel price in Mumbai was hiked most among metro cities, as the price has reached to Rs 70.88 per litre-mark, the highest among metro cities.

Diesel price in Kolkata: Diesel price here was valued at Rs 69.11 per litre higher by 21 paisa as against previous price of Rs 68.90 per litre. Another dealer, who preferred not to be quoted, believed that fuel prices would further strengthen in coming days.

In April, Union Petroleum Minister Dharmendra Pradhan said the Centre and the state governments have been considering bringing the petroleum products under the ambit of Goods and Services Tax.

Diesel price in India today: It's a insane world for Indian fuel prices, as the state-owned OMCs have continued to hike diesel prices to record highs for third consecutive day in various state capitals in India.

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He said: "They can play in different ways". "Of course their free kicks and corners are unsafe , but they have many more weapons". They have appeared in European finals twice since those heady days in 1992, losing in the UEFA Cup final in 1999 and 2004.

The report also stated the marketing margins of OMCs has been severely impacted and reached a low of Rs 0.25 per litre because the retail prices were frozen since 24 April at a time when crude prices have gone up and the rupee depreciated against the dollar.

The Congress leader P Chidambaram tweeted on Monday that the recent "interval" has coincided with Karnataka elections.

Oil PSUs, which have been revising auto fuel prices on a daily basis since June a year ago to reflect changes in the cost, had kept pump rates static since April 24, in the wake of Karnataka polls. Diesel, on the other hand, has already retailing at its highest-ever price in India.

This means that the country started the month of May with a fuel price deficit. The government has since 2014 increased excise duty on petrol and diesel 10 times taking away the gains arising from falling crude prices. On Wednesday, the petrol prices at 6 am were hiked by 15 paise per litre in New delhi and Mumbai. Kuku Marwaha, President of Nagpur Truckers Unity, said that the transporters were bearing the brunt of high fuel prices. "Most of us have lost sizable business because of high diesel cost".