Petrol prices may go up by Rs 4

PUBLISHED ON: January 3, 2008 | Duration: 1 min, 27 sec

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Government is considering an increase of Rs 4 and 2 a litre in petrol and diesel prices respectively to moderate the impact of high international crude oil prices on state-run oil firms. The Group of Ministers of fuel headed by External Affairs Minister Pranab Mukherjee is expected to meet later this month. This will be followed by a meeting of the Cabinet and a hike is likely in first week of February.
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