Adding to the woes of high inflation rates and ever rising, petroleum minister Murali Deora today announced that there will be rise in petrol and diesel prices today onwards.
Petrol will rise by Rs. 5 and diesel by Rs. 3, per litre. LPG is also going the way of price rise, domestic LPG will cost Rs. 50 more now.
A marginal duty cut on crude is also muted, excise duty on petrol and diesel is cut by Rs. 1 and customs duty is made to null from Rs. 5 on crude.
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