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Petrol and Diesel prices go up as New Year Begins

New Delhi: Petrol price was hiked on 1st day of new year. Petrol price was hiked by Rs 1.29 per litre while diesel rate was increased by Rs 0.97 per litre. Revised prices will take effect from midnight.

After the revision, petrol will cost Rs. 70.60 per litre in the national capital, while diesel will be sold at Rs. 57.82 per litre.

The price list was last revised on 16th December. At that time petrol was increased by Rs 2.21 a litre while diesel was hiked by Rs 1.79 per litre.

Petrol and diesel prices are deregulated in India - which means they are linked to market rates. 

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