Govt raises diesel prices to ease subsidy burden (Reuters)

Reuters - India raised diesel prices about 9 percent on Friday after months of delay, a politically unpopular move that will add to inflationary pressure but also eases the government's subsidy burden and could bolster its image among wary investors.

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NEW DELHI (Reuters) - India raised diesel prices about 9 percent on Friday after months of delay, a politically unpopular move that will add to inflationary pressure but also ...

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India raises diesel prices to ease subsidy burden Reuters, New Delhi ... add to inflationary pressure but also eases the government's subsidy burden ...

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By REUTERS. Published: Jun 25, 2011 16 ... gesture on the part of the government to increase prices ... India raises diesel prices to ease subsidy burden

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