Petrol price cut by Rs. 1.15/litre, diesel price hiked by 50 paise/litre:-
Petrol price was today cut by Rs 1.15 a litre, the second reduction in rates in a month, while diesel prices were raised by 50 paise per litre.
In a parallel move, diesel price was hiked by 50 paise, excluding VAT, in line with the January decision of the government allowing oil companies freedom to raise prices in small doses every month to wipe out mounting losses.
The diesel price in Delhi has been hiked by 56 paise to Rs 53.10 per litre while it would cost Rs 60.08 in Mumbai from tomorrow as compared to Rs 59.46 currently.
http://timesofindia.indiatimes.com/business/india-business/Petrol-price-cut-by-Rs-1-15/litre-diesel-price-hiked-by-50-paise/litre/articleshow/25005944.cms
Petrol price was today cut by Rs 1.15 a litre, the second reduction in rates in a month, while diesel prices were raised by 50 paise per litre.
In a parallel move, diesel price was hiked by 50 paise, excluding VAT, in line with the January decision of the government allowing oil companies freedom to raise prices in small doses every month to wipe out mounting losses.
The diesel price in Delhi has been hiked by 56 paise to Rs 53.10 per litre while it would cost Rs 60.08 in Mumbai from tomorrow as compared to Rs 59.46 currently.
http://timesofindia.indiatimes.com/business/india-business/Petrol-price-cut-by-Rs-1-15/litre-diesel-price-hiked-by-50-paise/litre/articleshow/25005944.cms
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