Govt likely to hike petrol price 2 rupee/L, diesel 1 rupee this wk

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K.Karthik Raja

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Feb 4, 2008, 3:30:15 AM2/4/08
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Govt likely to hike petrol price 2 rupee/L, diesel 1 rupee this wk

NEW DELHI - The government is likely to increase petrol and diesel
prices by 2 rupees per 1 L and 1 rupees per 1 L, respectively, later
this week, a top oil ministry official said today.
"The Cabinet committee on political affairs will discuss the issue
later
this week and make a formal announcement," the official told
reporters.
However, the government is unlikely to change any duties on
petroleum products in the forthcoming Union Budget, he said.
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