Petrol, diesel prices hiked

NEW DELHI
1 Jan 2017

Petrol price was today hiked by Rs 1.29 a litre -- the third increase in a month, and diesel rate was raised by 97 paise a litre -- the second hike in a fortnight. The increase in rates announced by oil firms is excluding state levies and the actual hike will be higher. The actual hike after considering VAT would be Rs 1.66 a litre in Delhi for petrol and Rs 1.14 for diesel. The hike will be effective from midnight tonight. This is the third increase in petrol price in one month and the second in case of diesel in one fortnight.