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Dec 14, 2011

Petrol Price to go up Again?

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Business News: The petrol price in India might go up by 0.65 paise from this Friday following fall in the value of rupees against US Dollar. The costly Dollar made the imports costlier, which has big impact on Indian economy too. The oil companies in India reportedly got the approval from the government for the possible hike in the petrol price.

It will impact the household budget of common man in India, where they have to pay more for the petrol comparing to the other nations in the world. Recently, the oil companies have slashed the price of petrol by around Rs. 2 and now the again hike would be big blow for the people to pay for it.


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