Price hike to improve financial health of state-run oil marketing firms, but heat up inflation
OIL companies plan to raise petrol and diesel prices by 2 a litre after a week as crude touched a two-year high of $90 a barrel on Tuesday, a move that will boost the finances of state-run firms but stoke inflation.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/auto-fuels-set-cost-2l-more-crude-hits-90
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/economic-times-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-efficiency
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/automobiles
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/petrochemical-industry