No petrol, diesel price hike likely despite crude oil price surge as elections loom: Moody’s

NEW DELHI: Petrol and diesel prices are unlikely to be increased despite firming raw material costs because of upcoming general elections next year, Moody’s Investors Service said.Three state-owned fuel retailers — Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) — which control roughly 90 per cent of the…

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Israel: ‘Objective is to clear hostile forces, exact immense price from enemy’: Israel PM Benjamin Netanyahu

TEL AVIV: In a strongly worded response to the Hamas rocket attack in Israel, Prime Minister Benjamin Netanyahu stressed that the country’s focus is on restoring security and to exact an “immense price from the enemy”.Addressing the Security Cabinet meeting in Israel, Netanyahu further called on the citizens to unite for “victory” in the war.“Since…

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