Will the govt bite the bullet on diesel prices?

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As international crude oil prices firm up, India's oil marketing firms and the government will have a lot of juggling to do. While petrol is now deregulated, diesel prices are still fixed by the government. But can the government afford to announce any kind of price hike for diesel, which is more commonly used but have a cascading effect on inflation?







Tags:
Diesel
prices
petrol
hike
government
NDTV
Profit
India