India set to hike petrol, diesel prices
Published on: July 01, 2009 at 18:45
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NEW DELHI : A price hike for petrol and diesel is on the cards as Petroleum Minister Murli Deora, who favored an increase in petrol prices, met the Prime Minister Wednesday to discuss the matter.
The government will likely to announce it after Thursday’s cabinet meeting, analysts said.
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The price revision could see petrol prices increased by Rs 4 per liter and diesel prices by Rs 2 per liter.
That government has been considering raising prices as petrol companies have been suffering heavy losses due to the rising price on crude in international market.
Crude, which had sunk to $35 level earlier in global trade, is now hovering around $70 mark. India imports 70 per cent of its crude oil requirement
Total Comments : 1
K.V.Konda Reddy Posted On : Mar 03, 2010 2:54 PM
I am a civil engineer working on projects estimation & costing and budgeting. I need to have disel, petrol, lDo and other consumables price from time to time. So I request to advise me about from where I can able to get this details.
Reply
In India, gold is considered as one of the prestigious instruments of investment among the household consumers. Small household units are now becoming potential investors for gold from the key consumers. The demand for consumption purpose is no longer the main driver of demand for the yellow metal, but the systematic investments in retail gold investment options is the latest crush among the small investors in the country. 
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