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Oil firms demand subsidy for petrol losses

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With losses on sale of petrol climbing to over Rs 7 a litre, state-owned have asked the government to either provide subsidy on the fuel or reduce excise duty. The current of Rs 65.64 per litre in Delhi is short of actual cost by Rs 8.60 a litre.

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Why a promising industry is adrift

Cruises are not just fun, they’re also good business. Internationally, over 20 million passengers took a cruise holiday in 2011. The sector is ...

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