Business StandardCenter·
Govt likely to forbid private retailers from caps on petrol, diesel sales
The government will ask private fuel retailers not to restrict sales of petrol or diesel, Oil Secretry Neeraj Mittal said Thursday, after Jio-bp and Nayara Energy imposed purchase limits at some of their outlets as a widening price gap drove industrial users to petrol pumps to stock up on cheaper diesel. "Nobody is allowed to cap fuel sales. It is not acceptable; it is not done," he told reporters here, adding that the government's position had not changed. Private retailers Jio-bp and Nayara E…
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