Petrol Prices

[jayeshmewada]

http://www.mypetrolprice.com/petrol-price-chart.aspx





This is a graph of Top 4 cities showing increment of Petrol prices past jun 11 in September petrol hikes 3.14 rs. & i just saw in news there is one more hike shall come end of this month right now the petrol price in chennai is 70.82 Rs/Ltr. is increase in petrol price will stop ??

[Capt Manoj Singh]

[quote name='Jayesh' date='01 November 2011 - 05:48 PM' timestamp='1320165618' post='113572']

http://www.mypetrolprice.com/petrol-price-chart.aspx





This is a graph of Top 4 cities showing increment of Petrol prices past jun 11 in September petrol hikes 3.14 rs. & i just saw in news there is one more hike shall come end of this month right now the petrol price in chennai is 70.82 Rs/Ltr. is increase in petrol price will stop ??

[/quote]



Diesel is heavily subsidised in India and increase in Diesel prices would translate to increase in food commodities. Thus unfortunately India will continue to see petrol hikes unless subsidy on diesel is removed.