The price of petrol was reduced by 58 paise per litre and that of diesel by 25 paise today, reversing the tendency of increasing tax.
Petrol will now charge Rs. 60.48 per litre from mid-night in Delhi; the current price is e Rs. 61.06 a litre.
Whereas, Diesel will cost Rs. 46.55 from tomorrow morning, declared by Indian Oil Corporation (IOC), the India’s biggest oil retailer.
The petrol rate has been increased for four times since August. Here is the data, Rs 2.43 on August 1, Rs 1.27 on August 16, Rs 2 on September 1 and 50 paise on November 1.