Independent Report. Oct. 16
The Ministry of Finance has announced a revision in petroleum product prices, with no increase in petrol prices, but a Rs 5 hike in diesel prices ¹. The new prices are now effective, following the issuance of a notification by the ministry. This development is expected to impact the overall inflation rate and the cost of living in the country. The government’s decision to maintain petrol prices while increasing diesel prices may be seen as a balanced approach to managing the economy.
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