The diesel price was hiked by 90 paise on Friday. ...
09:22 PM, May 11, 2013
New Delhi: Jet fuel prices were on Wednesday cut by 5.3 per cent, the second steep reduction in rates in one month. Aviation Turbine Fuel, or ATF, price at Delhi was cut by Rs 3,545.94 per kilolitre (kl), or 5.35 per cent, to Rs 62,649.95 per kl, according to Indian Oil Corp, the nation's largest fuel retailer. The reduction in rate, made possible due to declining international oil prices, came...
09:17 PM, May 01, 2013
New Delhi: The price of non-subsidised LPG cylinders was cut by Rs 54 per bottle on Tuesday. The move came just hours after petrol price was slashed by Rs 3 per litre, effective from midnight. On April 1, the price of non-subsidised cooking gas was reduced by Rs 3 per cylinder in line with fall in international rates. The government had in September 2012 fixed a quota of six subsidised...
11:35 PM, Apr 30, 2013
New Delhi: In a welcome relief, the petrol price was slashed by Rs 3 on Tuesday evening, effective from midnight. The petrol price was slashed as crude oil became cheaper in international market. Earlier reports had suggested that the petrol prices may be slashed by up to Rs 2 effective from May 1. Following are the revised prices of petrol in four metros, effective from midnight. Delhi Rs 63.09, Kolkata...
07:49 PM, Apr 30, 2013
New Delhi: Oil companies may slash petrol prices by up to Rs 2 per litre from May 1, sources said on Monday. The sources said that the clarity on the monthly revision of petrol prices was expected on Tuesday. Petrol price were last cut by Rs 1 per litre on April 15, the third reduction in a month. Earlier in April, the price was reduced by 85 paise per litre....
05:53 PM, Apr 29, 2013
Boston: Vowing to deliver on the fiscal roadmap, Finance Minister P Chidambaram has expressed confidence that elections are not a hitch in carrying out reforms including fuel price adjustments. Addressing an investor meet hosted by Citi Group in Boston, he said while fiscal deficit will be reduced by 60 basis points each year, the current account deficit (CAD) will be narrowed by raising exports. Citi said in a note after...
06:16 PM, Apr 17, 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
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
An Assistant Sub Inspector (ASI) has died in a farmers' protest in Tarn Taran in Punjab on Wednesday morning. ...
09:31 AM, Mar 06, 2013
Railways on Tuesday hiked freight rates for moving diesel and cooking fuels by almost 8 per cent, a move that may result in marginal hike in retail fuel prices. ...
03:17 PM, Feb 26, 2013
Oil Minister M Veerappa Moily on Monday ruled out a rollback in the Rs 1.50 a litre hike in petrol and 45 paisa per litre increase in diesel rates saying only a small raise has been passed on to consumers. ...
07:20 PM, Feb 18, 2013
Politicians across the board have criticised the recent hike in fuel prices. Key UPA ally DMK on Saturday condemned the petrol price hike and demanded that government retain its control on pricing of petroleum products besides seeking a change in pricing policy. ...
03:04 PM, Feb 16, 2013
Slamming the hike in fuel prices, Tamil Nadu Chief Minister J Jayalalithaa on Friday said the move amounted to betraying the middle and lower classes and made a fresh demand for changing the fuel pricing policy. "Even before the ink had dried up after signing the hike in prices of diesel recently, the Centre is increasing the price of petrol by Rs 1.50 and diesel by 45 paise...it amounts to...
12:21 AM, Feb 16, 2013
The oil firms on Friday decided to increase fuel prices again. While the price of petrol will be increased by Rs 1.50 per litre, that of the diesel will be hiked by 45 paise per litre. The hike was expected this week as the oil firms were slated to begin to exercise the recently accorded freedom to adjust rates in step with cost. ...
06:49 PM, Feb 15, 2013
Diesel prices set to go up monthly after the government decided to withdraw diesel subsidy. Oil companies say they will increase the price of diesel by 40 to 50 paise per litre every month. ...
02:22 PM, Feb 01, 2013
In Gujarat, over 7000 state-owned buses of the GSRTC are now buying diesel at petrol stations instead of their own depot. The reason - the centre's price hike by Rs 12 per litre which has hit the already-loss-making bus service. ...
09:58 AM, Jan 30, 2013
Months after her party quit the Congress-led UPA government, West Bengal Chief Minister Mamata Banerjee on Saturday claimed she had wanted to remain in the government, but was forced to pull out as the Centre did not accede to her demands. ...
10:06 PM, Jan 19, 2013
The government's decision to deregulate diesel prices would marginally increase the monthly inflation in the short-run, but eventually would help to reduce fiscal deficit, FICCI said on Saturday. ...
05:22 PM, Jan 19, 2013
India's demand for diesel will stay buoyant despite its plan to hike the price of the fuel in small monthly steps, analysts and company officials said on Friday, and the country will keep up the pace of its exports of diesel. ...
12:59 AM, Jan 19, 2013
Describing the UPA government as an 'exploiter' of the poor, West Bengal Chief Minister Mamata Banerjee today attacked it on the latest diesel price hike. "This government is an exploiter of the poor people. It is very distressing that prices of diesel have been further increased," Mamata said. ...
05:15 PM, Jan 18, 2013
