The petrol prices are hiked by Rs 3.18 per litre while diesel by Rs 3.09 per litre. The new prices will be effective from Saturday midnight.
New Delhi: Hours after the Finance Minister Arun Jaitley presented his maiden full year budget on Saturday the fuel prices are hiked.
Prices of the transport fuels were last revised upwards on February 16 by less than a rupee per litre each.
"Since the above price revision, there has been further steep increase in international oil prices," state-run IOC said.
Allowing for local levies the new price of petrol per litre will be Rs.60.49 in Delhi, Rs.67.92 in Kolkata, Rs.68.14 in Mumbai and Rs.63.31 in Chennai.
Similarly for diesel the rates from Sunday will be Rs.49.71 in Delhi, Rs.54.29 in Kolkata, Rs.57.08 in Mumbai and Rs.52.92 in Chennai.
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