Economic Affairs Secretary:"Indian Government has a close watch on oil prices"
Economic Affairs Secretary:
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Friday, May 20, 2016: According to the Economic Affairs Secretary Shaktikanta Das, the crude is in the hike but the Government of India has a close watch on oil prices.

Meanwhile he say that, “as of now there is no cause for worry as regards oil prices. He also spoke on the P-note norms that were tightened by the Sebi on Thursday.”

He said, “The market regulator’s decision follows extensive and detailed consultations with all P-note issuers – about 37 of them.

He aforesaid, “They are all on board,”

 

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