FM says gas price to be implemented prospectively.
New gas price from Nov 1 will be USD 5.61 per unit: FM.
Gas prices to be revised on half yearly basis - April 1 and Oct 1 every year.
Cabinet decides to relaunch direct benefit transfer in more effective manner: Finance Minsiter Arun Jaitley.
Cabinet approves new gas price formula to be applicable from November 1.
Diesel price to be cut by Rs 3.37 per litre in Delhi effective midnight tonight.
Cabinet decides to deregulate price of diesel; price of diesel to be linked to market.

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