Petrol costlier by Re 0.26, diesel by Re 0.15
June 30, 2011  17:18

The government today hiked petrol and diesel prices by a marginal Re 0.27 a litre and Re 0.15 per litre respectively following increase in the commission paid to petrol pump dealers.

The government approved raising the dealer's commission paid on petrol from Rs 1,218 per kilolitre to Rs 1,499 per kl, resulting in a Rs 0.27 per litre increase in retail price with effect from midnight tonight, an official said in New Delhi.

Similarly, the dealers' commission on diesel was hiked from Rs 757 per kl to Rs 912 per kl, resulting in a Re 0.15 per litre increase in rates at retail level.

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