Petrol, diesel prices hit new high; no respite in site as govt non-committal on cutting excise duty

After a day's gap, petrol and diesel prices witnessed another hike on Thursday hitting new highs. While petrol was being sold at Rs 79.51 per litre in Delhi, diesel was retailing at Rs 71.55 per litre. Petrol and diesel prices in Mumbai are Rs 86.91 per litre and Rs 75.96 per litre, respectively.

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