Speed News: Petrol, diesel prices hiked

Petrol price was today hiked by a steep Rs 3.38 per litre and diesel by Rs 2.67 a litre, reversing a two-month declining trend. Petrol will cost Rs 63.47 a litre in Delhi from midnight tonight, up from Rs 60.09 a litre, said Indian Oil Corp, the nation's largest fuel retailer.