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Centre moots price rise in petro products
Kolkata   28-Jun-2007
Petroleum and Natural Gas Ministry has sought across-the-broad increase in prices of petrol, diesel, kerosene and LPG, estimating that oil marketing companies (OMCs) would collectively suffer a loss of about Rs 50,400 crore in the current financial year, if the hike is not affected. It, however, remains to be seen how the consultative committee of MPs for the ministry respond to the request when it meets here tomorrow.