
The diesel price was hiked by 90 paise on Friday. ...

09:22 PM, May 11, 2013

Chennai: Tamil Nadu Chief Minister J Jayalalithaa on Friday described as unjust the latest hike in diesel prices as she slammed the Centre with having failed to take steps to control skyrocketing prices and "scams in all departments." This was the fourth time oil companies have effected hike since January 2013 and the measure aimed at mobilising revenue for government would severely affect the poor people, she said in a...

01:48 AM, May 11, 2013

New Delhi: Diesel prices were on Friday hiked by Rs 0.90 per litre, excluding local sales tax or VAT. This is the fourth increase in diesel rates in 2013. State-owned oil firms, which had been mandated in January to raise prices by up to 50 paisa per litre every month till entire losses on the fuel are wiped out, skipped raising rates in April to avoid troubles for the government...

08:16 PM, May 10, 2013

Chennai: The Madras High Court on Monday set aside a single Judge's recent order restraining oil marketing companies from charging higher price for diesel sold to state transport corporations in Tamil Nadu. Earlier, the High Court had restrained the Centre from charging higher diesel price from transport corporations in Tamil Nadu. The petition filed by the Petroleum Ministry had contended the single Judge ought not to have entertained the petition...

12:09 PM, Apr 22, 2013

We have spotted test mules of the upcoming Tata Nano diesel on various occasions but the engine specifications were always speculative. Not anymore though. Well known turbocharger maker Garrett has listed on it's webpage the details of the Nano diesel engine. The diesel Nano will be powered by a 0.8L common rail engine which will produce 40PS of power at 4000rpm and 94Nm of torque at 2500rpm. This 800cc engine...

06:29 PM, Apr 15, 2013

For over the decade, Honda has been selling its product in Indian Market base solely on the strength of its petrol engine. But the time had caught up with Honda, the disparity in the fuel prices as well as Honda not having a diesel engine in its portfolio has caused them barely. But Honda has plans now and they are going to bring diesel engine to India - the new ...

04:20 PM, Apr 06, 2013

New Delhi: Indian Oil Corporation (IOC) on Thursday cut price of retail diesel in Delhi by 4 paise per litre with effect from Monday, while subsidised LPG rate was hiked by Rs 11.50 per cylinder in the city. Earlier on March 22, diesel price was hiked nationwide by 45 paise per litre, excluding VAT. It was the third increase in the rate of nation's most consumed fuel since January, 2013....

01:44 PM, Apr 04, 2013

The Centre on Monday filed a petition in the Madras High Court seeking to set aside a single Judge's recent order restraining oil marketing companies from charging higher price for diesel sold to state transport corporations in Tamil Nadu. The petition filed by the Petroleum Ministry contended the single Judge ought not to have entertained the petition by the Chairman of state transport undertakings challenging the Centre's decision which had...

03:12 AM, Mar 26, 2013

Diesel price was on Friday hiked by 45 paisa per litre, the third increase in the rate of nation's most consumed fuel since January. Diesel price will be hiked by 45 paisa, excluding VAT, from midnight tonight, Indian Oil Corp (IOC), the nation's largest oil firm, announced. ...

07:42 PM, Mar 22, 2013

n a surprise cut, petrol price was slashed by Rs 2 per litre, excluding local taxes, with effect from Friday midnight. This is the steepest reduction in petrol rate in the last nine months. ...

07:14 PM, Mar 15, 2013

Petrol price may be reduced by about Re 1 per litre while diesel price may be hiked by 40-50 paisa a litre from March 15 or 16. While petrol prices are being cut in step with falling international oil rates, diesel rate increase would be in line with the January decision to raise prices in small dozes every month till all of the Rs 11 per litre losses are eliminated....

12:59 PM, Mar 14, 2013

Chhattisgarh earned a whopping Rs 4,185 crore as sales tax over the past three years from petrol, diesel and cooking gas, the state Assembly was informed on Wednesday. ...

01:25 AM, Mar 07, 2013

BJP on Tuesday said it will continue to raise in both Houses of Parliament the issue of diesel price hike, which is hitting the common man, but not stall proceedings. The matter was discussed at the BJP Parliamentary Party meeting attended by its top leaders on Tuesday morning. ...

01:31 PM, Mar 05, 2013

The price of the non-subsidised LPG cylinders were on Saturday slashed by Rs 37.5 per barrel, even as the price of diesel for bulk consumers was hiked by almost Re one per litre. The bulk consumers of diesel include the railways, transport undertakings, defence and industries like cement, mines and others. ...

06:09 PM, Mar 02, 2013

Be careful while getting your vehicle filled at petrol pumps in Punjab, as you can get less petrol than the quantity ordered. The Mansa police has busted a gang which used to steal petrol or diesel by using an electronic chip attached to the pump while it was in use. ...

11:00 AM, Mar 01, 2013

When Finance Minister P Chidambaram stands up to present his government's annual Budget on February 28, the biggest quandary he will face is: "What can I say in the next two hours that will boost both the demand for credit and its supply?" ...

06:10 AM, Feb 28, 2013

Finance Minister P Chidambaram will present one of the most highly anticipated budgets of recent years on Thursday, a blueprint for austerity that forms the centrepiece of India's efforts to stave off a damaging credit ratings downgrade. ...

04:54 AM, Feb 28, 2013

Finance Minister P Chidambaram is planning to cut the public spending target for fiscal 2013/14 by up to 10 per cent from this year's original target, in what would be the most austere budget unveiled in recent history as he tries to avert a sovereign credit downgrade. ...

04:34 AM, Feb 28, 2013

The Indian economy is likely to grow between 6.1 per cent and 6.7 per cent while the revival is expected to be slow in the near future, according to the Economic Survey tabled by the government in Parliament on Wednesday, a day before Finance Minister P Chidambaram presents Union Budget 2013-14. ...

12:23 PM, Feb 27, 2013

All eyes will be on Railway Minister Pawan Kumar Bansal on February 26 on whether he yields to pressure of hiking passenger fares yet again or looks at other measures to mobilise resources to offset the burden of the recent diesel price hike. Bansal had on January 22 hiked passenger fares across-the-board after the Railways faced a loss of about Rs 25,000 crore in the passenger segment. ...

04:56 PM, Feb 25, 2013