In the national capital, petrol price on Saturday stood at Rs 80.43 per litre and diesel at Rs 80.53 a litre, same level as the last four days when OMCs went for a pause and kept the prices unchanged.
Social distancing goes for a toss as Congress protests fuel price hike with cycle rally in Bengaluru
The Congress ended up violating all social distancing norms as hundreds of party workers cycled together and crowded outside the party office before moving towards the income tax office without masks
Deputy Chief Minister Pilot and other Congress leaders submitted a memorandum to the President through the district collector after the protest.
This steep rise is already having a marked impact on the cost of road freight transport.
His attack came on a day petrol price was hiked by 33 paise per litre and diesel by 58 paise to take retail rates to record high.
Calculations based on PPAC’s consumption data indicates that additional revenue made during April and May is likely to be between Rs 13,650-14,270 crore.
The All India Motor Transport Congress (AIMTC) is the apex umbrella body of transporters, representing about 95 lakh truckers and other entities.
The former Congress chief has been targeting the government over the rise in petrol and diesel prices, and has said the middle class and poor people pay for the "gifts crony capitalists get".
As on Friday, OMCs had hiked petrol and diesel prices by a sharp Rs 3.31 and Rs 3.42 per litre respectively through six consecutive rate increases starting Sunday.
Restrictions and travel advisories, as well as a slowdown in industrial activity, has led to the fall in demand.
Demand for fuel is on the lower side as airlines are cancelling flights to China due to coronavirus, prompting slowdown in fuel consumption.
Diesel costs Rs 66.71 a litre in Delhi, Rs 69.93 a litre in Mumbai, Rs 69.07 per litre in Kolkata and Rs 70.47 a litre in Chennai, according to the Indian Oil Corporation website.
Diesel prices cost Rs 68.68 a litre in Delhi, Rs 72.02 a litre in Mumbai, Rs 71.04 a litre in Kolkata and Rs 72.58 in Chennai.
#PetrolPrice trended with over 1,169 tweets on the social media platform.