India Inc reacts to Budget 2012
Govt won`t be able to completely deregulate fuel prices: Kotak
"I think sooner than later the government will raise diesel prices. It may not be able to completely deregulate in view of the political compulsions. But there will be some decrease in fuel prices as well as reduction in fertiliser subsidies," Uday Kotak, Executive Vice-Chairman and Managing Director of Kotak Mahindra Group, said.
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