The Price of Diesel has been hiked in India by 45 paisa per litre starting from last midnight.
Diesel will now cost 48.67 rupees a litre in Delhi and 54.83 rupees a litre in Mumbai. It will cost 52.57 rupees a litre in Kolkata and 51.78 rupees per litre in Chennai.
The government had in January authorised state-owned oil firms to hike diesel prices by small doses of up to 50 paise per litre every month till their losses on the fuel sale are completely wiped out.