OREANDA-NEWS. In pursuant to GOI order dated 17th Jan'13, OMCs were authorised to increase the retail selling price of Diesel within a small range every month until further order. Accordingly since then, HSD(Retail) prices have been raised by Rs. 0.45/litre on three occasions i.e. on 18th January'13, 16th February'13 and 23rd March'13.

In further continuation of the above, Indian Oil Corporation Ltd. has decided to increase the Retail Selling Price of Diesel w.e.f midnight of 10th /11th May'13 by Rs. 0.90/litre (excluding VAT) covering the increase for the months of April and May'13.