On the one hand, due to the increase in the repo rate by the Reserve Bank, the loan installments are going to be expensive. On the other hand, gas prices are likely to increase on the eve of the festive season. The prices of PNG and CNG are likely to rise as gas prices in the global market have increased by a record 40 per cent. Rates are being reviewed for the increase in the price of natural gas. Due to the steep rise in the prices of natural gas, an increase in the prices of CNG and PNG is considered inevitable.
