Up To Rs. 4.6/Litre Hike In Petrol, Diesel Prices Likely, Says Brokerage

Even as petrol and diesel prices are at record highs, a brokerage today warned of a further hike of up to Rs 4.6 per litre in the prices of auto fuels. Petrol and diesel prices, which are revised on a daily basis from 6 am, were not raised for three weeks before Karnataka elections. Because of this, oil marketing companies (OMCs) now need to raise petrol prices by Rs 4.6 or 6.2 per cent and diesel rates by Rs 3.8 or 5.8 per cent, Kot...