Gas Rates Set to Go Up after Rail Fares and Sugar Prices

Gas Rates Set to Go Up after Rail Fares and Sugar Prices

While the Bharatiya Janata Party had promised "Acche Din" to citizens during its election campaign that brought the Narendra Modi-government to power, prices of several essentials have seen a rise, the most recent being an anticipated hike in gas prices. Jun 24, 2014
Petrol price hike

Raghuram Rajan Assures that India has Sufficient Oil Reserves to Sustain Iraq Crisis

While the whole world has its eyes on the Iraq crisis and the effect it is going to have on the supply of crude oil, RBI governor Raghuram Rajan has said that the country need not worry about the external shocks due to Iraq crisis, as India has sufficient reserves to deal with inflation and budget risk arising from hike in oil prices. Jun 23, 2014