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Petrol price hiked by Rs 2.21/litre, diesel by Rs 1.79/litre

After the hike, petrol in Delhi will cost Rs 68.94 per litre from midnight tonight and a litre of diesel will cost Rs 56.68

A gas pump is seen hanging from the ceiling at a petrol station in Seoul. Photo: Reuters

Petrol price was today hiked by Rs 2.21 a litre and diesel by Rs 1.79 per litre, excluding local levies. The price revision was to come into effect yesterday, but was deferred possibly to save the demonetisation-battered government from any blushes in Parliament. The revised rates will be effective from midnight tonight. This increase excludes local levies. The actual hike after considering VAT would be Rs 2.84 per litre in Delhi for petrol and Rs 2.11 for diesel. After the hike, petrol in Delhi will cost Rs 68.94 per litre from midnight tonight as against ...