India douses fears of retail fuel price hike amid panic buying
NEW DELHI, April 28 (Reuters) – India has asked motorists to avoid panic buying and clarified that there was no proposal to raise pump prices for diesel and gasoline, a government official said on Tuesday. “We have adequate supplies of liquefied petroleum gas, petrol, and diesel. There has been no increase in prices. Please avoid panic buying and do not believe rumours,” Sujata Sharma, Joint Secretary in the federal oil ministry, said at a news conference on Tuesday in an appeal to buyers. India, the world’s third-biggest oil importer and consumer, has been hit by rising oil prices triggered by