Diesel prices to be hiked by 40-50 paisa every month: Moily

Diesel prices will be hiked by 40-50 paise per litre every month till losses on the nation's most used fuel are completely wiped out, Oil Minister Veerappa Moily said. "Until further orders, oil marketing companies can increase it (diesel price) by 40-50 paise (per litre) every month," he said.

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