The government of India has decided to reduce the prices of pertrol and diesel effective from midnight of 6 th december 2008 . However the price of international of one barrel of petrol has dropped from 150 dollars to almost 50 dollars . This reduction seems to be very neglible when the citizens of India were expecting a price of almost 10 rupess per litre .
After this reductions the price of petrol from 6 th December 2008 will be
Current price of Diesel now in city of Hyderabad is 36.08 rupees
Its being anticipated that the prices of all basic commodities will reduce slightly and there by helping the government in taming the inflation. Another point of concern is that government of india or state government of Andhra Pradesh has reduced the prices of kerosene nor LPG .
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