The Supreme Court on Friday declined to entertain a plea seeking its intervention in deciding petroleum prices .
A bench headed by Chief Justice S.H. Kapadia said the petroleum prices came under the administered pricing regime and were a matter of government policy and that courts could not interfere with it.
Petrol prices cut by Rs 2.22/litre | Mamata says positive move
Uttarakhand govt lowers VAT on petrol
Oil PSUs see Rs 69,400 cr loss on subsidised diesel, LPG, Kerosene