: The government has no
immediate plans to raise fuel prices, Petroleum Secretary said on Tuesday,
after a newspaper report that auto fuel prices could be raised early next year.The Hindustan Times newspaper said in a
report that prices of auto fuel could increase "anytime early next
year.""There is no such proposal yet,"
Petroleum Secretary R S Pandey said responding to the report. India
previously raised fuel prices by as much as 10 percent in July, when global
crude oil prices were hovering at about $70 a barrel.State-run refiners sell petrol, diesel,
kerosene and cooking gas at low government-fixed rates to control inflation and
help the poor, and receive partial compensation from the government.
First Published: Tuesday, December 29, 2009, 13:47