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Petrol, diesel prices cut by 7 paise, 5 paise respectively


New Delhi,  Petrol and diesel prices were on Thursday slashed, for second consecutive day, by 7 paise a litre and 5 paise a litre respectively. Petrol in Delhi now costs Rs 78.35 a litre, down from Rs 78.42, according to a price notification issued by state-owned oil firms. Diesel rates have been cut to Rs 69.25 per litre from Rs 69.30. This is the second reduction in rates coming after a 16-day persistent price hike.Petrol and diesel prices were on Wednesday cut by 1 paisa a litre each.

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