IOC to review diesel prices this week

NEW DELHI Wed Feb 13, 2013 4:34pm IST

A worker sits beside an oil tank at a storage facility of an oil company on the outskirts of New Delhi March 25, 2010. REUTERS/Danish Siddiqui/Files

A worker sits beside an oil tank at a storage facility of an oil company on the outskirts of New Delhi March 25, 2010.

Credit: Reuters/Danish Siddiqui/Files

Related Topics

Stocks

   

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)

FILED UNDER:

Monetary Policy Committee

Reuters Showcase

Microfinance

Microfinance

Funding the unfunded: India helps small business borrow to grow  Full Article 

Insurance Sector

Insurance Sector

UK healthcare firm Bupa sees strong growth in India  Full Article 

Sensex Rises

Sensex Rises

Sensex edges up; consumer and healthcare stocks rise  Full Article 

Market Eye

Market Eye

FTSE adds nine Indian firms as large-caps in Asia-Pacific ex-Japan index   Full Article 

Indian Ocean Diplomacy

Indian Ocean Diplomacy

PM Modi to ramp up help for Indian Ocean nations to counter China influence  Full Article 

ECB Bond-Buying

ECB Bond-Buying

ECB raises growth forecasts, to start printing money next week  Full Article 

China Economy

China Economy

China signals "new normal" with lower annual growth target  Full Article 

Pharma Sector

Pharma Sector

Panel recommends waiving late-stage trials for some drugs  Full Article 

E-commerce

E-commerce

China backs e-commerce expansion in win for Alibaba, JD.com  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage