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Indian Oil to raise diesel prices by 2.3 percent from Thursday

Reuters
An employee fills diesel in a public bus at a fuel station in Kolkata August 13, 2012. REUTERS/Rupak De Chowdhuri/Files

NEW DELHI (Reuters) - Indian Oil Corp (IOC) will raise the price of diesel by 2.3 percent from Thursday and that of gasoline by 0.08 percent, reflecting changes in global fuel prices, the company said in a statement.

India's three state-run oil companies, IOC, Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd, tend to adjust retail prices of fuels in concert.

A litre of diesel will sell for 55.19 rupees in the Indian capital, New Delhi, while gasoline will cost 65.65 rupees a litre from Thursday.

(Reporting by Sankalp Phartiyal; Editing by Mark Potter)