Possibility of diesel price hike unlikely on Thursday - official
NEW DELHI (Reuters) - India's state-run oil marketing companies are very unlikely to raise diesel prices on Thursday, following a government decision giving them the authority to do so, a senior government official with knowledge of the issue told Reuters.
(Reporting by Nidhi Verma, writing by Matthias Williams, editing by Ross Colvin)
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Prime Minister Narendra Modi has a long list of pro-growth measures to implement over the next four months, but time may have already run out to breathe enough life into the economy to meet the tough 2014/15 fiscal deficit target without cuts. Article