Diesel up, petrol down in India02 August 2014 bdnews24.com
Petrol price in India has been lowered by Rs 1.09 per litre, the second reduction in three and half months, while diesel rates have hiked by 50 paise a litre.
The revisions will be effective from midnight Thursday, Indian Oil Corp said.
"During the past fortnight, petrol prices have shown a downward trend while the INR-USD exchange rate has slightly depreciated," IOC said in a release.
Allowing for local taxes, petrol per litre will cost Rs 72.51 in Delhi, Rs 80.30 in Kolkata, Rs 80.60 in Mumbai and Rs 75.78 in Chennai.