Petrol prices to go up by Rs 0.27, diesel by Rs 0.15

New Delhi: The government has hiked petrol and diesel prices by a marginal Rs 0.27 a litre and Rs 0.15 per litre respectively, following an increase in the commission paid to petrol pump dealers.

The government approved raising the dealer's commission paid on petrol from Rs 1.218 per kilolitre to Rs 1,499 per kl, resulting in Rs 0.27 per litre increase in retail price with effect from midnight tonight, an official said.

Similarly, the dealers' commission on diesel was hiked from Rs 757 per kl to Rs 912 per kl, resulting in Rs 0.15 per litre increase in rates at retail level.

Petrol, at present, is priced at Rs 63.37 per litre in Delhi and will from tomorrow cost Rs 63.64 per litre. Diesel, whose rates had last week been hiked by Rs 3 a litre, will cost Rs 41.27 per litre instead of 41.12 a litre.