The petrol price has been cut by the central government for the second in the same month by Rs 2.46 per liter into effect from Thursday midnight.
The fall in petrol prices was announced by three oil companies, which are Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) respectively. Read more
A freshly report, the Oil corporations are in plans to cut petrol price to give little relaxation to the citizens; the reduction would be by Rs 2 per litre.
On Friday after tabled a meeting of oil marketing companies, they are expected to cut rates because of declining rates of crude prices in the international market, a source report said. Read more
The year 2012 seems to be bad for India as one by one, factor dealing with economy clean their hands for making any share in the Indian economy as modest progress scope.
Recently, Lakshmi Mittal, a successful international businessman especially known for progress of his steel company ArcelorMittal, is plan to invest its scarce capital towards other markets than his native land India, searching quicker returns.
The world’s biggest steel company’s owner disappointed from Indian paralysis policy that resulted much less scope for his planned Indian investments in steel sector where his company is the undisputed world leader, producing over 100 million tonnes a year with a staff of 2.6 lakh across 60 countries. Read more
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