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Sensex, Nifty Gain; Infosys Rallies on Weaker Rupee

Indian shares ended higher on Monday, snapping two days of fall as software services exporter Infosys rallied on weaker rupee, while lenders gained a day before the central bank's policy review. Aug 4, 2014
petrol-prices-cut-by-rupees-rs-1-09-a-litre-diesel-hiked-by-56-paise-a-litre

Petrol prices cut by rupees Rs 1.09 a litre, diesel hiked by 56 paise a litre

New Delhi, Aug 01 (ANI): Petrol price was cut by Rs. 1.09 per litre, the second reduction in three-and-half months while the diesel price was hiked by 56 paise a litre. The revisions were made effective from midnight Thursday, Indian Oil Corp, the nation's largest oil firm, announced. Petrol in Delhi will cost Rs 72.51 per litre from today as against Rs 73.60 a litre earlier. Similarly, diesel will be priced at Rs 58.40 per litre from today as compared to the previous Rs 57.84. Petrol price was reduced following drop in international oil rates and rupee depreciation against US dollar, making imports cheaper. Aug 1, 2014