We did not hike oil prices even though the global prices have more than doubled since the last hike. But finally, the inevitable has happened...
Some crude info...
"Petrol and diesel prices were last raised in February when the Indian basket of crude oil was at 67 dollars per barrel. Today it is at 124 dollars per barrel. "
courtesy: Economic Times.
So the late-night drive will cost u 5 bukz more per litre.. some food for thought ...
The Inflation is going to be in double digits? Thats supposed to be good isnt it? India shining...???
And the icing on the cake would be you getting a 12% hike!!! voila.. its a receipe for a lifetime isnt it?
Wednesday, June 4, 2008
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