It’s a very happy New Year!

Well, not really.

Petrol prices have spiked up by Rs 1.29 per litre, whereas the dirty fuel has become dearer by 97 paise in India.

The IOC  blames the current level of international product prices of petrol and diesel on the INR-USD exchange rate, which has forced the oil producers to pass on the load to the consumers.

 

Stack Of Cash
Too much cash in the common man’s pocket? No worries. Let’s hike petrol price!

 

This brings the petrol  cost to a whopping 70.60 rupees in Delhi, 73.13 in Kolkata, 76.91 in Mumbai and 70.07 in Chennai. Similarly, diesel will cost 7.82 rupees in Delhi, 60.06 in Kolkata, 63.61 in Mumbai and Rs 59.47 in Chennai.

Time to take the bus or bring out the old and dirty bicycle, yes?

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