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Govt to raise petrol prices, may follow with diesel

NEW DELHI (Reuters) – India’s state-run oil retailers will raise petrol prices starting Wednesday by the most in six months and New Delhi also plans to lift diesel prices, possibly stoking inflation...

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Fuel price hike unlikely before polls – source

State-run oil firms are unlikely to raise fuel prices before key state elections starting in April, a government source said on Wednesday, as the ruling coalition tries to tackle voter anger over high...

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Obama says deal reached to end debt impasse

President Barack Obama on Sunday announced a last-minute deal to raise the U.S. borrowing limit and avoid a catastrophic default and he urged lawmakers to “do the right thing” and approve the...

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Govt likely to raise cap on subsidised LPG cylinders

In what could be a pleasant development for the common man, the government is likely to raise the cap on subsidised cooking gas (LPG) from existing six cylinders per household in a year, reports said...

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