Petrol and diesel price reduced

Published on April 01, 2015 15:12:12 PM
The retail price of petrol has been cut by 49 paise per litre and that of diesel by Rs 1.21 per litre. With this change, the price of diesel in Delhi will become Rs 48.50/litre, while petrol will cost Rs 60 per litre.

The reduction follows two rounds of price hikes in February and March -- first by Rs 0.82 a litre in petrol and Rs 0.61 per litre in diesel on February 16 and then by Rs 3.18 per litre in petrol and Rs 3.09 a litre in diesel on March 1.

Petrol and diesel prices in India are deregulated and linked to market rates.