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Economy steady despite S and P's ratings: C Rangarajan

Rangarajan for immediate hike in diesel, LPG prices
Widespread opposition notwithstanding, Prime Minister's Economic Advisory Council Chairman C Rangarajan has strongly favoured an immediate increase in prices of diesel and cooking gas to contain government expenditure. "It (increase in prices of diesel and LPG) should be done, as early as possible...We need to take action.... howsoever unpleasant it may be," he said in an interview to Karan Thapar's

Petrol prices to be cut by Rs 2
New Delhi, June 2 (IBNS) Petrol prices, which were raised by upto Rs 7.5 per litre by the state-run oil companies last month, were cut by Rs 2 with effect from midnight Saturday, reports said.

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Bold move needed to cut petrol price hike: Vayalar Ravi

New Delhi: Union Minister Vayalar Ravi on Saturday disapproved of the petrol price hike and suggested a "bold steps may be taken to reduce the recent increase". Ravi, in a letter to Petroleum Minister

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Petrol prices slashed by Rs 2
New Delhi, June 2 (IBNS) Petrol prices, which were raised by upto Rs 7.5 per litre by the state-run oil companies last month, were cut by Rs 2.02 with effect from midnight Saturday owing to fall in international crude prices, government officials and oil companies said.

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Shutdown hits Himachal, chief minister walks to office

Shimla: As Himachal Pradesh Thursday observed a statewide shutdown on the increase in petrol prices, Chief Minister Prem Kumar Dhumal walked his way to office to protest against the recent hike. "I

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Mixed response to bandh against petrol price hike

New Delhi: The all-India bandh called by the NDA and Left parties today in protest against the petrol price hike evoked a mixed response amid stray incidents of violence in Maharashtra, Karnataka and

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