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Oil prices eases back from 9-month high; Brent settles at $114.81/barrel

Last Updated: Saturday, June 21, 2014, 11:12

Brent crude for delivery in August eased back from its nine-month high the previous day, shedding 25 cents to settle at $114.81 a barrel in London.

Fare hike inclusive of fuel adjustment component, says rail ministry

Last Updated: Saturday, June 21, 2014, 10:00

The Railways Ministry Friday evening issued a clarification stating that the fare and freight hike announced was inclusive of fuel adjustment component, which is done every six months.