No fuel price hike for now, says Deora

Even as the global crude oil prices are flirting with $100 a barrel, the Government on Tuesday said it would not hike petrol and diesel prices for now. Officials have been discussing ways to stem losses at fuel firms and said a decision would be made this week - possibly involving a politically risky price hike, or duty changes. According to petroleum minister Murli Deora, state-run firms like ...
From: in.news.yahoo.com