Diesel price hiked by 50 paise, petrol rates unchanged

Nov 30 2013, 18:56 IST
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The price of diesel in Delhi will be hiked by 57 paise, including tax, to Rs 53.67 per litre (AP) The price of diesel in Delhi will be hiked by 57 paise, including tax, to Rs 53.67 per litre (AP)
SummaryDiesel prices have risen by a cumulative Rs 6.62 this year.

at the beginning of the month.

"For the year 2013-14, the Corporation is expected to incur under-recovery of around Rs 72,000 crore on sale of three sensitive products," the IOC statement said.

The combined loss for IOC, Bharat Petroleum Corp and Hindustan Petroleum Corp is estimated at about Rs 1,39,000 crore.

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