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Expert group to advice on petro prices

July 06, 2009 17:46 IST

Finance Minister Pranab Mukherjee while presenting the budget 2009-10 in Lok Sabha on Monday said that the details about this expert group will be announced by the minister of petroleum and natural gas.

It is important to recognize that with almost three quarters of our oil consumption met through imports, domestic prices of petrol and diesel have to be broadly in sync with global prices of these items, the finance minister said. -- PIB

PIB