Petrol price reduced to 60 paise, diesel 56 paise on after 16 day long price hike

The oil ministry headed by Dharmendra Pradhan has given the in-principle nod to the Indian Commodity Exchange (ICEX) to launch futures on petrol and diesel. “We have received the ‘no objection’ from the ministry,” said Sanjit Prasad, MD, ICEX.

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