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LIVE BLOG: Sensex, Nifty plunge to 2011 lows

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The BSE Sensex and Nifty plunged to fresh 2011 lows in Wednesday trade, a day before the expiry of derivatives contracts, amid renewed worries about faltering global growth.

Should the petrol price hike be rolled back?

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A petrol price hike always results in unhappy consumers, street protests and politicians trying to accuse the ruling government of being insensitive.

State-run oil marketing firms’ petrol price hike of 1.8 rupees per litre, the fourth such increase since March and the 10th since prices were decontrolled in June 2010, is another blow to the common man, already reeling under the pressure of rising food prices.

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