NEW DELHI (Reuters) - Indian Oil Corp(IOC.NS), the country's largest state-owned refiner, will review diesel prices on Friday or Saturdy, chairman R.S. Butola said.
India deregulated diesel prices last month by allowing fuel retailers to raise the price of subsidised diesel by up to 0.50 rupees a litre every month and asking bulk buyers to pay market rates.
(Reporting by Nidhi Verma; Editing by Sunil Nair)
Trending On Reuters
Asian stock markets rose on Monday, with China stocks nearing a seven-year peak on hopes for more infrastructure spending and policy stimulus, while oil prices suffered further from excess supply. Full Article
Insight - Modi's popularity in rural India punctured by discontent, suicides Full Article