Cheat Sheet | Edited by Janaki Fernandes | Thursday January 17, 2013
The government will permit state-run oil marketing companies to set diesel prices, Oil Minister Veerappa Moily said on Thursday, in a surprise move that could help the government reduce its budget-busting subsidy bill. It also raised the cap on subsidized cooking gas (LPG) cylinders to nine from six - a move that may result in a Rs. 5,000 crore hit...
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