(G.N.S) DT.31 Petrol price was today cut by 7 paise/liter and diesel by 5 paise/liter on the back of softening international oil rates. This is the second reduction coming after a 16-day relentless price hike that followed lifting of 19-day hiatus on price revision before Karnataka polls. In Delhi, petrol costs Rs. 78.35/liter, down from Rs. 78.42, while diesel costs Rs. 69.25/liter down from Rs. 69.30. Petrol and diesel prices
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