Temporary relief in fuel prices

Petrol and diesel surged by up to 32 paise across the metro cities amid weakening rupee and high international crude oil prices. Giving a temporary relief, the government last week announced Rs 2.5 cut on fuel, following which some states also cut VAT on fuel by Rs 2.5. But, oil marketing companies have not stopped increasing petrol and diesel prices ever since Finance Minister Arun Jaitley's announcement. Petrol is again over Rs 82 per litre in Delhi and has breached Rs 87 level in Mumbai as well.