Petrol price may be cut by about Re 1 a litre; diesel price to be hiked by 40-50 paisa per litre from March 15. Diesel rate increase would be in line with the January decision to raise prices in small dozes every month.<br /><br />For more log on to http://www.newsx.com<br />Follow NewsX on Facebook at https://www.facebook.com/Newsxonline
