PM Modi chairs #OilSummit: PM Narendra Modi meet with global CEOs on fuel price

Amid rising prices of fuel across the country, prime minister chaired a crucial meet with chief executives of top global and Indian oil and gas companies to discuss the worrying oil scenario. Centre, on their behalf, did provide a 2.5 rupees relief but the objective of this meet would be to focus on challenges posed by volatile oil prices and us sanctions on Iran. Prime Minister took a look at the measures to attract investments and take suggestion on what more can be done to hasten growth. Centre will now also push for private investment to improve domestic oil and production, which has been stagnant for the last few years.