Petrol pump owners today called off their proposed strike over daily revision of petrol and diesel prices from Friday after the government agreed to change the timing to 6 am everyday instead of midnight. Oil Minister Dharmendra Pradhan said the new timing of the price change was agreeable to the dealers and so daily price revision will be implemented from June 16 as previously decided. Federation of All India Petroleum Traders president Ashok Badhwar said the government has taken the decision of daily price revision in public interest. Currently, only 20 per cent of the petrol pumps are automated. IOC, the nation's largest fuel retailer, said it will provide information on daily price revisions through various means, including LED screens at petrol pumps, toll-free number, social media posts, mobile apps as well as through SMS.

Source: dna June 14, 2017 14:26 UTC