Petrol prices hikes next month

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    Petrol price may be hiked next month 26 December 2011

    Petrol price may be hiked by about a rupee per litre from next month as the Indian currency has weakened against the US dollar making imports costlier. The rate change may, however, need a political clearance as assembly elections in...

    Keywords: Indian Oil Corp, fluctuations, Indian currency, exchange rate

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