Summary:
MUMBAI : The state run oil marketing companies have increased petrol rates by 23 paise on Sunday while diesel price went up by 31 paise, making it among the sharpest hikes ever since the rates have been increasing this month.The retail price of petrol on Sunday was Rs 76.58 while that of diesel Rs 68.53 per litre.The price of petrol has gone up by over Rs 2 and diesel by over Rs 3 in less than two weeks.On October 4 last year, the price of petrol was recorded as highest at Rs 91.34 while the diesel price had then peaked to Rs 80.10 a litre..