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Business Daily from THE HINDU group of publications Thursday, November 20, 2008 ePaper | Mobile/PDA Version | Audio |
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Update at 1545 hrs (IST)
General 'No proposal to cut fuel prices' NEW DELHI: The government is not considering a cut in fuel prices as PSU companies continue to make losses on sale of LPG and kerosene. “At the moment there is no proposal before us for reducing prices,'' said Mr R S Pandey, Petroleum Secretary. State-r un oil retailers have started making profits on sale of petrol and diesel, but continue to incur hefty losses on domestic LPG and kerosene. - PTI
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