Petrol, diesel prices hiked
While petrol price has been hiked by Rs. 3.13 per litre, diesel price was increased by Rs. 2.71 a litre.
" Increase in Retail Selling Price of Petrol by Rs. 3.13/litre at Delhi (including State levies) with corresponding price revision in other States. With this change, the price of Petrol in Delhi will become Rs. 66.29/litre," the state-run Indian Oil Corporation Ltd. (IOC) said in a statement.
"Increase in Retail Selling Price of Diesel (Retail) by Rs. 2.71/litre at Delhi (including State levies) with corresponding price revision in other States. With this change, the price of Diesel in Delhi will become Rs. 52.28/litre," it said.
The IOC said: "Prices of Petrol and Diesel were last revised w.e.f. 1st May'15. Since last price change, there has been a steep increase in international prices of both Petrol & Diesel. INR-USD exchange rate has also depreciated quite significantly during this period. Combined impact of both these factors warrant an upward revision in prices, the impact of which is being passed on to the consumers with this price increase."
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