Fuel hike prices to be decided by Cabinet on Thursday

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New Delhi, Feb 4 (UNI) A decision to hike prices of fuel mainly petrol and diesel by Rs 2 and Re 1 a litre respectively by the Union Cabinet is expected to be taken on Thursday.

No meeting of the Cabinet took place in the course of the day today to take the final call on a possible hike in fuel prices in the wake of rise in global crude oil prices, sources told UNI.

No Cabinet meeting has been held in the course of the day, the sources said and denied reports of any decision on hike in fuel prices.

News reports earlier said that the Cabinet would meet to take a decision on hike in fuel prices which had been put off by the Group of Ministers (GoM) headed by External Affairs Minister Pranab Mukherjee in its meeting.


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