CNN-IBN Hourly Breaking News:: The Petroleum Ministry has proposed to raise petrol prices by Rs.10 a litre, diesel by Rs.5 per litre and that of cooking fuel Rs.50 per cylinder to cut losses being incurred by three state-run firms--Indian Oil, Bharat Petroleum and Hindustan Petroleum. The proposal has been submitted by the Petroleum Minister Murli Deora to the Finance Minister P. Chidambaram for his approval. Sources await price rise news to be published anytime this day or during the week.
Tuesday, May 27, 2008
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