Delhi: Diesel price up Rs 7, steepest ever

Diesel price spiked by Rs 7.1 per litre in Delhi on Tuesday, marking the steepest-ever hike in the pump price of any automotive fuel in the country, as the AAP government nearly doubled VAT to 16.75% with a view to boosting revenue. Petrol too became dearer by Rs 1.7 per litre as VAT was increased to 30%.

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