1. Write a report on Petrol Price Rise'.
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the petrol price rises if the mineral is less or not getting from other countries
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The petrol prices have seen a shocking hike of Rs.7.5 on the 23rd of May. The increase is the first since December, 2011. It went up to INR 78.16 per liter. The RBI was having a tough time coping with the rising inflation and this increase in petrol prices will make it very difficult for them to manage. The rise in price will also hit the common man who is trying very hard to make ends meet.
The rate of inflation (annual), based on monthly WPI, stood at 7.23% for April (over April 2011) compared to 6.89% for the previous month
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