IndiGo's parent InterGlobe Aviation on Wednesday reported a loss of Rs 652.1 crore in the three months ended September as higher costs and intense competition took a toll on the bottom line.

The Hyundai Santro will be available in 5 variants, including an automatic manual transmission version, a first in a Hyundai.

Diesel was being sold at Rs 80.69 per litre, while petrol cost 80.57 per litre.

Fuel prices started decreasing on October 17, and since then petrol has been slashed by Rs 1.09 in Delhi alone, while diesel has been cut by 50 paise.

Taxi operators may also not operate in the city due to the petrol pump owners' strike. Several thousand auto-rickshaws that play on the city roads every day, would also face a major difficulty in getting fuel supply.

India is one of the biggest consumers of crude oilOPEC obviously has a vested interest in India's economic growth. And this is why OPEC is keen on making this marriage work. But there is not much for India in this relationship, specially in the current scenario.

Petrol price was cut by 25 paise a litre and diesel by 17 paise, according to the price notification of state-owned oil firms.

International crude oil prices are trading near their lowest level in two months on Friday. WTI crude is down 3.5 per cent in one week, while Brent has declined 1.1 per cent.

The reports of Tata Group buying a large stake in the loss-making Jet Airways have set the tongues wagging.