Petrol Hiked By Rs 3.07/Litre, Diesel By Rs 1.90

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New Delhi: State-run Indian Oil Corporation on Wednesday announced a big hike in transport fuel rates, increasing petrol by Rs 3.07 a litre and diesel by Rs 1.90 – both in Delhi, with a corresponding increase in other states.

The hikes will be effective midnight on Wednesday; the company said adding that the hardening of global crude oil rates warranted such an increase.