Petrol price was on Friday cut by Rs
2.41 a litre, the sixth reduction since August, and diesel by
Rs 2.25 per litre on back of falling international oil rates. The reduction in rates of petrol and diesel, which was
deregulated for the first time in more than a decade, will be
effective from midnight, Indian Oil Corp, the nation's
largest fuel retailer, announced. The Rs 2.41 a litre price cut in ...