Saturday, March 31, 2012

We have to pay Rs 3 More to Petrol from 1 April 2012


State-owned oil firms are pushing for at least Rs 3 per litre hike in petrol price from April 1 to cover part of the spike in cost of raw material. "We are losing Rs 6.43 per litre on petrol and after adding 20% sales tax, the desired increase in rates in Delhi is Rs 7.72 per litre," a senior oil company official said.

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