Again, Petrol price has been hiked by Rs 2.21 a litre and diesel by Rs 1.79 per litre, excluding local levies. The price revision was to come into effect from Thursday, but was deferred by a day, possibly to save the demonetisation-battered government from any blushes in Parliament. The revised rates will be effective from Friday midnight.
Industry sources said the deferment was because Parliament was in session and any hike would have added to the discomfort
of the government, particularly when it is facing heat over hardships caused by currency demonetisation. The Winter Session of Parliament ended on Friday afternoon.
Industry sources said the deferment was because Parliament was in session and any hike would have added to the discomfort
of the government, particularly when it is facing heat over hardships caused by currency demonetisation. The Winter Session of Parliament ended on Friday afternoon.
