NEW DELHI Indian Oil Corp (IOC) will raise the price of diesel by 4.1 percent from Thursday and up the price of gasoline by about 5.4 percent, reflecting changes in global fuel prices, the company said in a statement.
India's three state-controlled oil companies, IOC, BharatPetroleum Corp Ltd and Hindustan Petroleum Corp Ltd, tend to adjust retail prices of fuels inconcert.
(Reporting by Sankalp Phartiyal, editing by David Evans)
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Updated Date: Mar 16, 2016 21:58 PM