New Delhi, May 8, The Delhi Metro Rail Corporation (DMRC) is set to announce new fares on Monday, an official said.

 
 "The Board of Directors is meeting to decide on the hike in fares of Delhi metro," an official said.
 
 "The announcement on the fare hike will be made in the evening," he said.
 
 He termed as "speculation" reports in the media about the quantum of hike in fares.