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Light Diesel

Government increases petrol price by Rs5

ISLAMABAD: The federal government on Wednesday incr­eased the prices of diesel and petrol by Rs5 and Rs6.37 per litre, respectively, for the month of November. "The government has decided to absorb the substantial impact of increase in the prices of petroleum products and only partially pass on the increase to the consumers for the month of November. The decision has been taken to minimize the burden on the public at large," reads a statement issued by finance ministry. The statement says that the Oil and Gas…