The country's largest petrochemical- Reliance now wants to make Punjab the agro retail nerve centre for Reliance's retail, where the first of its milk units will be set up. In keeping with its retail mantra, the plans are big which has always been the true reliance style.
In the international conference on Monday oil minister Murli Deora revealed that prime minister Manmohan Singh may convene his meeting with the finance minister P Chidambram for discussing a long term pricing and taxation regime for the petroleum products.
Crude oil prices neared $68 per barrel Thursday as Hurricane Rita closed in on Texas, raising fears it could cripple major production facilities largely untouched by Hurricane Katrina three weeks ago and drive up at-home energy costs this winter.
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