News digest: Petrol price freezes, traders to fight Flipkart deal, and more

Govt may have to cut excise duty as price freeze hits oil firms' margins

Marketing margins of oil companies have come under severe pressure with the government freezing the daily revision of petrol and diesel prices ahead of the Karnataka polls. Read more

Tomato farmers see red as 3 years of bumper crop pull down prices

Distress in the farm sector has spread from oilseeds, pulses and cotton to horticulture crops. If it was potato a few weeks ago, tomato farmers are now struggling with low prices.  Read more

Fearing job losses,