Economy Right time to cut excise duty on fuel, says NITI Aayog Updated : May 15, 2018 06:09 PM IST Petrol price in Delhi was raised to Rs 74.80 per litre from Rs 74.63 while diesel rates were increased to Rs 66.14 a litre from Rs 65.93 on Monday. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.