Diesel price hike India

Watch: How petrol, diesel prices are calculated

Watch: How petrol, diesel prices are calculated

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Sep 15, 2017, 16:43 PM IST

Diesel price hike will help reduce fiscal deficit: Ficci

"The spike in inflation (by 6-7 basis points), which is most likely to be observed, would be a short-run phenomenon that would eventually translate into lower fiscal deficit (achieving a target of 5.3 percent of GDP), thus, opening up the option of reduction in subsidy on LPG and kerosene," Ficci President Naina Lal Kidwai said.

Jan 19, 2013, 19:47 PM IST