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Pranab to meet economic editors tomorrow

Finance Minster Pranab Mukherjee would interact with economic editors here tomorrow and provide them comprehensive view of the overall economy.

ONGC jumps on fuel price hike

The ONGC scrip rose 7 per cent to close at Rs 1,126.45 on fuel price hike. The government raised the price of petrol by Rs 4 a litre and diesel by Rs 2 after market hours on July 1. Following the hike, experts believe that the ONGC"s subsidy burden for the current year would reduce if the crude prices stay at around $70 a barrel. The stock opened at Rs 1,081.1 and made a high of Rs 1,155.7 and a low of Rs 1,076.1. The total traded volumes stood at 1.9 million shares (around 4 times its two-week average).

Indo-China border differences can be resolved: Pranab

India has said it does not visualise any conflict with China on border issues and that the two countries have agreed to resolve their differences through dialogue.