Petrol, diesel prices pruned

Petrol price was cut by 74 paise per litre and diesel by Rs 1.30, reversing the 2-month trend of rising rates. Including taxes, petrol in Mumbai will cost Rs.65.63 per litre while diesel will cost Rs.53.49 from Saturday. The reduction comes on the back of two straight increases in petrol prices--Rs.3.07 a litre on March 17 and Rs.2.19 per litre on April 4, and four straight hikes in diesel prices.
Diesel price was last hiked on April 4 by Rs.0.98 a litre and three previous increases totaled Rs.3.65 per litre.

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