India, Jan. 6 -- Petrol and diesel prices witnessed a hike on Wednesday, making this the first time in almost a month (29 days) that these have been hiked. With an increase of 26 and 25 paise per litre respectively on Wednesday, a litre of petrol now costs Rs 83.97 in Delhi while an equal quantity of diesel costs Rs 74.12 in the national capital. After the previous hike was announced on December 7, a litre of petrol and diesel cost Rs 83.71 and Rs 73.87 respectively in Delhi. This represented a rise of 30 and 25 paise per litre respectively from what these were priced at on December 6.

Wednesday's hike also means that petrol prices in Delhi are close to the all-time high of Rs 84 per litre achieved in the capital city on October 4, 2018....