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Monday, December 10, 2007
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Equity News
Dec 8 2007 4:06PM
Govt considering a marginal hike in fuel prices
The government is considering a marginal hike in petrol and diesel price along with an excise duty cut on these fuels. The rise is aimed to cut the Rs 7840-crore loss that public sector oil firms are incurring every month on selling fuel below cost.

A decision on the issue is likely to be taken after Gujarat assembly elections. A Group of Ministers on commodity pricing including fuel rates, headed by External Affairs Minister Pranab Mukherjee, is slated to have its first meeting on 14 December 2007.

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Equities: Trading through Reliance Securities Limited | NSE SEBI Registration Number Capital Market :- INB 231234833 | BSE SEBI
Registration Number Capital Market :- INB 011234839 | NSE SEBI Registration Number Derivatives :- INF 231234833 Commodities : Trading through Reliance Commodities Limited | MCX member code: 29030 | NCDEX member code: NCDEX-CO-05-00647|
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