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Don’t miss the latest developments in business and finance.
Sri Lanka's CPC hikes kerosene prices by 253 LKR in a bid to cut losses
Amid the continuing economic crisis, Sri Lanka's state-owned fuel distributor Ceylon Petroleum Corporation (CPC) has hiked the price of kerosene to cut losses
Govt eliminates subsidy on kerosene through small price hikes
The fuel sold through the public distribution system (PDS) is now priced at market rates.
Low petrol prices, phased rise in LPG rate to bring down subsidy
Analysts say the subsidy burden on both LPG and kerosene is likely to be around Rs 35,000 crore
Govt raises LPG price by Rs 2, kerosene rate up by 26 paisa
Price of jet fuel was marginally cut to Rs 51,696 per kilolitre
