26 May 2011

Diesel and LPG likely to be hiked next month

After petrol, price of diesel, LPG and kerosene are likely to be hiked next month when a ministerial panel headed by Finance Minister Pranab Mukherjee meets to decide on passing rise in crude rates to consumers.
"The Empowered Group of Ministers (EGoM) has been scheduled to meet on June 9," a top oil ministry official said. "Price of diesel, LPG and kerosene will have to go up.

Rs 4 per litre increase in diesel and at least Rs 20-25 per 14.2-kg cylinder

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