Diesel prices will rise by 40-50 paise every month: Moily

by Paul Joseph on February 2, 2013 · 0 comments

Diesel prices will be increased by 40-50 paise per litre every month until under-recoveries on the country’s most used fuel are completely removed, Petroleum Minister M Veerappa Moily has declared. Speaking to reporters on Friday, Mr. Moily said, “Until further orders, oil marketing companies can increase it (diesel price) by 40-50 paise (per litre) every month.” read more

[via Stock Watch – Stock Specific News]

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