Govt approves hike in petrol rates for August in view of ‘global rise’ in prices

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Under the revised rates, petrol will cost Rs3.86 more at Rs103.97, whereas diesel will now cost Rs5 dearer, at 106.46. ? AFP/File The government on Friday said it is increasing the prices of petroleum products for the month of August due to a “rising oil prices trend in the global market”.

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