The government has approved a price hike for diesel, LPG and kerosene.Diesel prices will increase by Rs. 3 a litre and LPG by Rs. 50 more per cylinder. Kerosene prices have been increased by Rs. 2 per litre.
The ministerial panel to consider a fuel price hike began its meeting here Friday evening.
Oil marketing companies suffer losses of Rs.13.72 per litre on diesel, Rs.26.16 per litre on kerosene and Rs.381.14 per LPG cylinder.