Petrol to cost 42 paise more, diesel hiked by Rs 1.03

New Delhi: State-run Indian Oil Corp (IOC) today hiked the prices of petrol by 42 paise a litre, and of diesel by Rs 1.03 and the price hike will be effective from Monday.

“The current level of international product prices of petrol and diesel and the INR-USD exchange rate warrant increase in selling price of petrol and diesel, the impact of which is being passed on to the consumers with this price revision,” IOC said in a release here late Sunday.

Read:- Victory for common people as petrol, diesel prices slashed

Petrol per litre now costs Rs 71.14 in Delhi, Rs 73.66 in Kolkata, Rs 77.96 in Mumbai and Rs 70.61 in Chennai while Diesel price is Rs 59.02 in Delhi, Rs 61.27 in Kolkata, Rs 64.89 in Mumbai and Rs 60.73 in Chennai.

Read:- Petrol, diesel prices increased