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<p>Just hours after annoucing cut in fuel <a href="http://wionews.com/india-news/fuel-prices-finally-mellow-down-after-16-days-of-consecutive-hike-140787">prices, Indian Oil Corporation&nbsp;said the revised </a>&nbsp;price was actually 1 paisa and not 60 paisa as previously reported blaming it on "clerical error"</p>

<p>On Wednesday morning, Indian Oil had declared that they had cut oil prices in the country after sixteen consecutive days of high prices which had angered everyone.</p>

<p>As a result petrol prices have now have been revised down by just 1 paisa and not 60 paisa in Delhi & 59 paisa in Mumbai.</p>

<p>Diesel prices also went down by just 1 paisa instead of 56 paise in Delhi and 59 paise in Mumbai.</p>

<p>On Tuesday petrol price in Delhi had climbed to Rs 78.43 a litre.</p>

<p>Mumbai, Chennai and Kolkata also witnessed petrol prices breaking the Rs 80+ mark at Rs 86.24, Rs 81.43 and Rs 81.06 respectively. &nbsp;</p>

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<p>Just hours after annoucing cut in fuel <a href="http://wionews.com/india-news/fuel-prices-finally-mellow-down-after-16-days-of-consecutive-hike-140787">prices, Indian Oil Corporation said the revised </a> price was actually 1 paisa and not 60 paisa as previously reported blaming it on "clerical error"</p>

<p>On Wednesday morning, Indian Oil had declared that they had cut oil prices in the country after sixteen consecutive days of high prices which had angered everyone.</p>

<p>As a result petrol prices have now have been revised down by just 1 paisa and not 60 paisa in Delhi &amp; 59 paisa in Mumbai.</p>

<p>Diesel prices also went down by just 1 paisa instead of 56 paise in Delhi and 59 paise in Mumbai.</p>

<p>On Tuesday petrol price in Delhi had climbed to Rs 78.43 a litre.</p>

<p>Mumbai, Chennai and Kolkata also witnessed petrol prices breaking the Rs 80+ mark at Rs 86.24, Rs 81.43 and Rs 81.06 respectively.  </p>

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On Wednesday morning, the oil companies had declared that they had cut oil prices in the country 

<p>Prices are set to be raised further given the sharp jump in crude oil prices in the international markets. It will have a cascading impact on the prices of other items and lead to inflationary pressure and hurt growth. It will have a cascading effect on the prices of other items.</p>


Fuel prices cut 1 paisa, not 60 paisa; Indian Oil blames it on 'clerical error'

On Wednesday morning, the oil companies had declared that they had cut oil prices in the country

Fuel prices cut 1 paisa, not 60 paisa; Indian Oil blames it on 'clerical error'

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