Thr price of petrol and diesel have been hiked.The price of petrol has been increased by Rs 4 and the price of diesel has been increased by Rs.2.Petroleum Minister Murli Deora officially made an announcement on this after consulting the news with Prime Minister Manmohan Singh.This hike in the price would come in to effect from today night.
The Petroleum Minister Murli Deora however confirmed that the price of kerosene and LPG would remain the same.This is done though there is a loss in revenue so that poor people will not be badly hit by this rise.Minister also said that this raise is mainly because of the loss in revenue for the oil companies.
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