Following the recent spurt in oil prices, state-run Indian Oil Corp on Sunday hiked prices of petrol by Rs 1.29 a litre, and of diesel by 97 paise, both at Delhi and effective from midnight, with corresponding increases in other states. ....

With major infusion of fresh liquidity arising from the demonetisation measure, state-run State Bank of India said on Sunday it had cut its lending rates by 90 basis points for maturities ranging from overnight to three-year tenures, after experiencing a surge in deposits. ....

State-run oil marketing companies (OMCs) on Saturday hiked the price of subsidised cooking gas, or LPG, along with kerosene and aviation turbine fuel (ATF). ....