Diesel price decision not to reduce fuel subsidy bill - Chidambaram
NEW DELHI (Reuters) - India's budget-busting fuel subsidy bill for the current fiscal year ending in March is expected to remain unchanged even after a government decision to allow state-run oil companies to set diesel prices, Finance Minister P. Chidambaram said on Thursday.
"When they will make this small correction and how much, I can't say," he said. "So I am not factoring it."
(Reporting by Rajesh Kumar Singh; Editing by Anupama Dwivedi)
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
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