New Delhi: India decided to free prices of gasoline and diesel, saying they would be market driven in line with a panel's recommendations, to cut fuel subsidies and limit losses of state-run refiners including Indian Oil Corp. A panel led by Finance Minister Pranab Mukherjee also agreed to increase prices of cooking gas and kerosene, which will continue to be under government control, Oil Secretary S. Sundareshan told reporters in New Delhi. Diesel prices are being raised by Rs2 a litre for...
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