Petrol prices have hit a four-year high in Delhi and a three-year high in the other three metros. This is because oil marketing companies have raised prices amid rising global crude oil prices. Petrol will cost 10-12 paise more in Delhi, Kolkata, Mumbai and Chennai. Diesel will cost 11-12 paise a litre more. On this episode of Livestream, we ask, fuel prices spike today, what next tomorrow? Should India cut taxes?
