Government Oil Companies are all set to hit the pockets of common people. They may increase the petrol prices upto Rs. 1.82 per liter and the reason remains the same; global increase in price of crude oil & the decreasing value of Rupees against Dollar.
It has not been so long, when the companies hiked Petrol Prices by 5% in September this year. B. Mukherjee, Director of Hindustan Petroleum Corporation Limited told that, the companies are suffering from a loss of Rs. 1.5/ liter again.
Cement also goes costlier:-
Cement manufacturers have also increased the price by Rs. 15 per Bag, i.e. the cost has now moved up to Rs 275/- which earlier worth 260/-. Further hike is expected to be introduced in 10 days. The prices have dramatically increased by Rs. 70/- within 1 and half months. according to sources, manufacturers have called the traders and told them to increase the prices by Rs. 10 per bag.
It has not been so long, when the companies hiked Petrol Prices by 5% in September this year. B. Mukherjee, Director of Hindustan Petroleum Corporation Limited told that, the companies are suffering from a loss of Rs. 1.5/ liter again.
Cement also goes costlier:-
Cement manufacturers have also increased the price by Rs. 15 per Bag, i.e. the cost has now moved up to Rs 275/- which earlier worth 260/-. Further hike is expected to be introduced in 10 days. The prices have dramatically increased by Rs. 70/- within 1 and half months. according to sources, manufacturers have called the traders and told them to increase the prices by Rs. 10 per bag.
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