Profit

Govt avoids petrol, diesel price hike

PUBLISHED ON: October 12, 2007 | Duration: 3 min, 08 sec

   
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Crude oil has been on a record high but your monthly fuel bill will not rise at least not for the next few months. With the government in election mode all plans to hike fuel prices have been shelved, instead oil bonds will be issued to compensate oil-marketing companies for their losses.
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