India’s Jio-BP does not plan to raise fuel prices immediately, its chief executive, Akshay
Wadhwa, said on Friday, after retail sales of gasoline and
gasoil rose by 30% and 25%, respectively, in March from a year
earlier.
The company, a joint venture between Reliance Industries
and BP, has adequate fuel supplies and has not
imposed any limits on retails sale of gasoline or gasoil, Wadhwa
told reporters at an industry event.