Chinese petrol prices rose the most since 2000, even after unprecedented government intervention, as the war in Iran upends global oil markets.
Petrol went up by 1,160 yuan (US$169) per tonne at the end of Monday and diesel prices rose by 1,115 yuan, according to the National Development and Reform Commission (NDRC). The increases would have been about twice as high had the usual pricing rules been followed, it said.
The roughly 11 per cent increases, the fifth this year, came after Iran closed…
NDTA asks Connaught Place shops, offices and restaurants to close by 6:30 pm today – Firstpost
All shops, offices and restaurants in Connaught Place have been advised to close by 6:30 pm on Thursday (July 23) following an advisory issued by the New Delhi Traders Association…