Petrol, diesel prices in Bangalore, rest of Karnataka hiked
The revision has been made due to continuous fall in the prices of crude oil in international market from past two-and-a-half months, which has resulted in base price of both fuels plummeting substantially, causing adverse impact onstate's revenue collection, the chief minister's office said in a statement.
The revised rates for petrol and diesel are Rs 70.84 per litre and Rs 64.66 per litre, respectively. Reuters