Petrol price slashed by Rs 1.42, diesel by Rs 2.01 a litre

31 July, New Delhi

Petrol price was today cut by Rs 1.42 per litre and diesel by Rs 2.01, the fourth consecutive reduction in the rates in past two months. Petrol in Delhi will cost Rs 61.09 per litre from midnight tonight as against Rs 62.51 currently, said Indian Oil Corp (IOC), the nation’s largest fuel retailer.

Similarly, a litre of diesel will cost Rs 52.27 compared to Rs 54.28 at present