Kathmandu, 16 May: The same day when the government hiked the price of petrol and diesel by 10 rupees per litre, it has disclosed that the Indian Oil Corporation has sent a new tariff under which the investment cost for per litre of petrol is 192. 94 rupees per litre. Earlier, the cost was 184.36 rupees.  The Nepal Oil Corporation has stated that under the new tariff, on each litre of petrol, it will face a loss worth 22.94 rupees per litre and 33.33 rupees per litre of diesel.  It won’t be a surprise if the government will announce an increment in the petroleum price again.  The government could control the price hike of petroleum products by reducing different taxes imposed by the government, however, it has shown reluctance in omitting taxes.  People’s News Monitoring Service