IOC revises 60p petrol price cut to 1p, blames clerical error
Indian Oil Corporation on Wednesday revised the fuel price reduction to 1 paisa a litre, calling earlier revision a "clerical error". It had announced on its website that petrol and diesel prices would be lower by 60 paise and 56 paise per litre on Wednesday in Delhi. However, the rates were revised within hours to reflect a 1-paisa price cut.