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    <title>Govt hikes excise duty on petrol, diesel by Rs 2/litre; no change in retail prices</title>
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    <description>An administrative order increased excise duty on petrol and diesel by two rupees per litre, raising petrol excise to thirteen rupees per litre and diesel excise to ten rupees per litre; the order is silent on retail price effects, and industry sources expect no change at the pump because the additional excise will likely be adjusted against the price reduction warranted by falling international oil prices.</description>
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      <description>An administrative order increased excise duty on petrol and diesel by two rupees per litre, raising petrol excise to thirteen rupees per litre and diesel excise to ten rupees per litre; the order is silent on retail price effects, and industry sources expect no change at the pump because the additional excise will likely be adjusted against the price reduction warranted by falling international oil prices.</description>
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