Govt unlikely to mull fuel price hike issue tomorrow
The Union Cabinet is unlikely to consider the issue of petrol and diesel price revision at its meeting on Thursday.
"The Cabinet is scheduled to meet tomorrow afternoon. But this (price revision) is not on agenda as of now," a Petroleum Ministry official said.
Petroleum Minister Murli Deora was also non-committal on the issue saying, "I cannot say if revision is happening or not."
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- Reiterating his government’s stance on privatisation, the Prime Minister said, “We have made it clear in the new public sector enterprise policy that government will have limited role in only four strategic sectors and all other public sector units can be privatised.”
- After resumption of trade at 3.45 pm, NSE Nifty was quoting 152.95 points or 1.04 per cent up at 14,860.75.
- The scarcity, exacerbated by the pandemic, will be the subject when Biden meets a bipartisan group of US lawmakers on Wednesday to discuss the issue.
- Earlier in the day, NSE had halted trading in its cash and derivative segments at 11.40 am, due to issues with telecom links of its two service providers.