Deora rules out immediate hike in petroleum prices
Mumbai: Petroleum Minister Murli Deora on Sunday
ruled out any immediate hike in the prices of petroleum
products and said that a call would be taken after the crude
"Don`t talk about price revision at this point of time.
The prices keep going up and down every day. You can`t decide
every day what happens. The prices have to be stablised. We
will study for a month or six weeks....," Deora told reporters
at the sidelines of a function here.
When asked whether the government would affect any
increase in petrol and diesel prices in the eventaulity of
crude prices touching USD 75 per barrel level, Deora said, "We
will see it when it happens."
On July 1, the government increased the petrol and diesel
prices by Rs four and two per litre respectively to cut losses
of oil companies.
More from India
More from World
More from Sports
More from Entertaiment
More from Health
- PM Narendra Modi's speech at Heart of Asia conference
- Is population control next on central govt's agenda after demonetization?
- India-Afghanistan thrash Pakistan over terrorism issue in Heart of Asia conference
- Gujarat: Goods train engine catches fire in Surat
- Watch: Tracing the journey of Tamil Nadu CM Jayalalithaa from films to politics
- Live: Supporters pay last respects to Jayalalithaa at Rajaji Hall; cremation today evening
- Fake or Real? 'Alien animal' caught on Karnataka-Kerala border
- People want to know whether Jayalalithaa is alive or not; PM Narendra Modi must intervene, says expelled AIADMK MP Sasikala Pushpa
- Tamil Nadu CM Jayalalithaa's condition continues to remain critical after suffering cardiac arrest
- Jayalalithaa's health condition: Amma critical, nation's political fraternity expresses concern - Who said what