Montek Singh Ahluwalia, Deputy Chairperson of the Planning Commission, wants a bit of patience from the country in controlling inflation and promises that the problem would be solved in a few months’ time. “Big problems aren’t solved instantaneously. I am not talking about waiting for years; I am saying in a few months’ time—certainly by September-October we would be in a much better position on the inflation front,” he told Karan Thapar on Devil’s Advocate.
Petroleum Minister explains to CNN-IBN reasons for govt's tough decision.
http://www.ibnlive.com/news/bite-the-bullet-govt-likely-to-hike-fuel-prices/66216-7.html
Ministers fail to decide whether it’s time to raise fuel prices.
http://www.ibnlive.com/news/countrys-top-oil-firm-warns-of-fuel-rationing/66157-7.html
Govt shoots down reports that it was considering a cess in Income Tax.
http://www.ibnlive.com/news/no-oil-tax-coming-says-miffed-finance-ministry/66152-7.html
State oil firms are bleeding because of global fuel prices.
http://www.ibnlive.com/news/debate-who-will-foot-the-nations-fuel-bill/66140-7.html
Petroleum Minister Deora under pressure to find solution.
http://www.ibnlive.com/news/government-may-tax-you-to-bail-out-its-oil-firms/66068-7.html
The Petrol Ministry has said that the fuel price hike is inevitable.
http://www.ibnlive.com/news/tank-up-petrol-may-go-up-by-rs-10-diesel-by-rs-5/65794-7.html
With vehicles and water geysers also using LPG, the demand has shot up.
http://www.ibnlive.com/news/north-india-reels-under-lpg-crisis/58512-3.html
Hazira would be back just in time before stocks for CNG operations in Delhi and some power plants run out.
http://www.ibnlive.com/news/ongc-to-restart-hazira-to-avert-crisis/18687-7.html
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