Petrol price has been slashed by 32 paise per litre, while diesel price hiked by 28 paise a litre. The new rates came into effect midnight last night. <br/><br/>Now, petrol will cost 59 rupees 63 paise and diesel 44 rupees 96 paise per litre in Delhi. In a statement, Indian Oil Corporation said the decision has been taken in view of the change in rupee and dollar exchange rate.

Petrol price was today slashed by 32 paise per litre while diesel price hiked by 28 paise a litre. The new rate will come into effect from midnight tonight.<br/><br/>Now, petrol will cost Rs 59.63 and diesel Rs 44.96 per litre in Delhi. In a statement, Indian Oil Corporation said the decision has been taken in view of the change in rupee and dollar exchange rate.