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Petrol, diesel prices to change every day from May 1

Petrol, diesel prices to change every day from May 1

Wednesday, April 12, 2017, 2:42 PM

Come May 1, petrol and diesel prices will change every day in sync with international rates, much like what happens in most advanced markets. State-owned fuel retailers IOC, BPCL and HPCL, which own over 95% of nearly 58,000 petrol pumps in the country, will launch a pilot for daily price revision in five select cities from May 1.
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