New Delhi: State-run Indian Oil Corp (IOC) said it will cut the price of petrol by 85 paise a litre effective from Monday midnight.
Allowing for local taxes, or VAT, petrol will cost Rs 67.29 a litre from Tuesday as compared with Rs 68.31 per litre currently.
This will be the second petrol price cut since March 15 when state oil firms reduced fuel price by Rs.2.40 per litre. (IANS)
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