The Congress-led UPA government ruled out any rollback in prices of petroleum products and described as anti-people the countrywide strike staged by 17 opposition parties on Monday to protest the
In all likelihood finance minister will announce a decontrol of petrol prices in the budget. Taking effect from April 1, the decontrol will mean an increase in the prices of the fuel.
Indian Oil Corporation (IOC) said on Tuesday that it would lose about Rs 24,000 crore on sale of subsidised petroleum products in the present financial year. The company, along
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