Govt hikes price of petrol by Rs5 per litre

The government has hiked the petrol price by Rs5 per litre to Rs123.30 while the diesel price has been increased by Rs5.01 litre to 120.04.

In addition, kerosene will cost Rs5.46 more and will thus be priced at Rs96.26 per litre, while light diesel oil will become Rs5.92 dearer to cost Rs90.69 per litre.

The new prices will come into effect from September 16.