Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Petrol price hiked by 35 paise

Jan 16 2013, 13:30 IST
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Petrol price hiked by 35 paise. (Reuters) Petrol price hiked by 35 paise. (Reuters)
SummaryPetrol price was slashed in October and November. It now costs Rs 67.56 per litre in Delhi.

Petrol price was hiked Tuesday night by about 35 paise per litre in line with firming raw material cost. Petrol will cost Rs 67.56 per litre in Delhi with effect from midnight, industry sources said.

Prices vary from city to city due to differential local sales tax or VAT rates.

This is the first revision in rates of petrol, which was deregulated by the government, since November.

Petrol price was slashed in October and November first by 56 paise and then by 95 paise per litre.

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