New Delhi: Petrol price was on Friday hiked by Rs 1.50 per litre and diesel by 45 paise as state-owned oil companies exercised newly bestowed pricing freedom.
The first hike in petrol price in over three-and-a-half months and the second rise in diesel rates in one month exclude local sales tax or VAT and the increase for consumers at petrol pumps would be higher.
Petrol price in Delhi went up by Rs 1.80 to Rs 69.06 per litre with effect from Friday midnight after including 19 per cent VAT. Diesel rates went up by 51 paise to Rs 48.16 a litre. (PTI)
