NewsX: The immediate fallout of the depreciating rupee is rise in petrol and diesel prices. Earlier this week petrol prices were hiked by 70 paise per litre while diesel prices went up by 50 paise per litre. This is the fifth increase in rates since June and in all petrol prices have shot up by a massive 6.82 rupees per litre in the last 2 months.

Similarly, diesel prices have been hiked for the seventh since the January 17 though all losses on diesel sales should have been wiped off by now to make the fuel market priced the constant price rise depicts otherwise.

For More information on this news visit : http://www.newsx.com/
Connect with us on Social platform at : http://www.facebook.com/newsxonline
Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive