The rise in petrol prices from Saturday midnight has made the fuel more expensive than aircraft turbine fuel (ATF), used to power planes. The reason is a skewed duty structure.
ATF costs Rs 60.56 a litre in New Delhi.
A further price cut of Rs 1.8 was announced on Sunday.
Petrol costs Rs 63.37 a litre.
Text: Jyoti Mukul & Ajay Modi, Business Standard
Image: Activists of YSR Congress Party burn an effigy of Indian Petroleum Minister Jaipal Reddy to protest the most recent petrol price hike.