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No respite! Petrol, diesel prices hiked for 6th day in a row, continue to soar in Delhi, Mumbai
In Delhi, the price of petrol has been raised by 29 paise from 88.44 per litre to Rs 88.73 a litre, while diesel rate was increased by 32 paise from Rs 78.74 per litre to Rs 79.06 a litre
BusinessToday.In | February 14, 2021 | Updated 11:26 IST
Petrol and diesel rates are revised on a daily basis in line with changes in international crude oil prices
Petrol, diesel continue to soar across metros, touching all-time highs after being increased for the sixth straight day on Sunday, February 14. Oil marketing companies hiked fuel prices by almost 29-32 paise.
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Fuel prices hiked again; Petrol at record high in Delhi, nears Rs 95 per litre mark in Mumbai
Petrol rate in the national capital was increased by 30 paise, from Rs 88.14 to Rs 88.44 per litre, whereas diesel price saw a hike of 36 paise from Rs 78.38 to Rs 78.74 per litre. Petrol and diesel rates in Mumbai neared a record Rs 94.93 and Rs 85.70 a litre
BusinessToday.In | February 13, 2021 | Updated 14:46 IST
In five days this week, prices have gone up by Rs 1.51 per litre for petrol, while diesel rate has risen by Rs 1.56 a litre
Petrol and diesel prices were increased again on Saturday, February 13, clocking an all-time high of Rs 88.41 a litre in Delhi, while diesel rates surged to Rs 78.74.
Petrol pumps overcharge, says CAG; holes in fuel pricing system
The audit showed that there were 3,463 instances in 91 out of 188 outlets (Indian Oil - 40, Hindustan Petroleum -35 and Bharat Petroleum -16) when dealers were not prompt in changing the prices at the prescribed time of 6 a.m
Joe C Mathew | February 11, 2021 | Updated 14:41 IST
The daily prices were manually revised within the range of 587 minutes before 6 a.m. and 1,078 minutes after 6 a.m
Apex auditor Comptroller and Auditor General of India (CAG) has found that the daily pricing system for petrol and diesel has been far from perfect until recently. Lack of promptness in changing the prices by dealers, absence of sustained connectivity, and instances of overcharging due to flaws in automation system have been identified as key issues. The findings are part of the CAG report No.18 of 2020 - Union Government (Commercial) tabled in the Parliament on February 9. The audit covered the period from 2014-15 to 2017-18.