FUEL PRICE

  • CNG, piped cooking gas rates cut in Delhi by 60 paise April 1, 2015

    New Delhi: A day after natural gas prices were cut by 8 per cent, CNG and piped cooking gas rates in the national capital region were on Wednesday reduced by 60 paise per kg. Indraprastha Gas, which retails compressed natural gas to automobiles and piped cooking gas to households in the...
  • ATF price hiked by 8.2%; non-subsidised LPG to cost Rs 5 more March 1, 2015

    New Delhi: Jet fuel price was on Sunday hiked by a steep 8.2 per cent while the rates of non-subsidised LPG was increased by Rs 5 per cylinder on firming international oil rates. The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was hiked by Rs 3,849.97 per...
  • Modi government has added insult to injury:Congress on petrol price hike February 28, 2015

    New Delhi: Congress on Saturday reacted sharply to the hike in petrol and diesel prices saying that government has added insult to injury to the common man by the steep post-Budget increase. "Modi government has added insult to injury by first ignoring the common man and farmer in the Union Budget...
  • Fuel hiked: Piyush Goyal says government has no role in petrol pricing February 28, 2015

    Hours Finance Minister Arun Jaitley presented the Union Budget 2015 in Parliament on Saturday, the fuel prices were hiked. The petrol prices were hiked by Rs 3.18 per litre while diesel by Rs 3.09 per litre. Reacting on the fuel prices, Power Minister Piyush Goyal said the government has no...
  • Jaipur resident demands student loans be made available at better rates February 19, 2015

    Wasim, a private student of class 12 and who also works at an ice cream parlor in Jaipur, wants student loans to be made available at better interest rates so that he can do his MBA from a good institute and set up his own business. He is also hoping...
  • Common man should get benefit of low crude oil prices: Kerala CM Oomen Chandy February 3, 2015

    New Delhi: Criticising the Centre for hiking excise duty on fuel, Kerala Chief Minister Oomen Chandy on Tuesday said the government should "fully pass on" to the common man the benefit accrued from low global crude prices. The senior Congress leader, who is in the national capital for election campaign,...
  • Petrol price cut by Rs 2.42 per litre; Diesel by Rs 2.25 per litre February 3, 2015

    With international crude oil prices continuing to rule below $50 per barrel, the three state-run oil marketing companies (OMCs) Tuesday decided to reduce petrol and diesel prices. Taking into account the effect of state levies, the petrol price in Delhi will be cut by Rs.2.42 per litre, while diesel cost will...
  • Jet fuel price cut by 11.3 per cent, to cost less than diesel February 1, 2015

    New Delhi: Jet fuel (ATF) price was cut by a steep 11.3 per cent and now it costs less than diesel. Last month, its rate had fallen below the price at which petrol is sold. While petrol and diesel prices have so far not been changed as per the fortnightly revision,...
  • Petrol costs more than ATF in India! January 21, 2015

    New Delhi: Perhaps for the first time, petrol in India costs more than the superior jet fuel (ATF) used in aeroplanes, as the government has levied a record excise duty on the fuel used in two-wheelers and cars. A litre of petrol in Delhi costs...
  • Oil prices dip to 6-year low: Is this the right time for a cut in interest rates? January 14, 2015

    Oil tumbled 5 per cent to near six-year lows before recovering ground on Tuesday, and Brent briefly traded at par to US crude for the first time in three months as some traders moved to take advantage of ample storage space in the United States. ...
  • Oil near six-year low; Brent trades at par to US crude oil January 14, 2015

    New York: Oil tumbled 5 per cent to near six-year lows before recovering ground on Tuesday, and Brent briefly traded at par to US crude for the first time in three months as some traders moved to take advantage of ample storage space in the United States. Traders were searching to...
  • Petrol, diesel rates cut by Rs 2 per litre each December 15, 2014

    New Delhi: Petrol and diesel prices were today cut by Rs 2 per litre each as international oil prices slumped to five-year low. This is the eighth straight reduction in petrol prices since August, and fourth in diesel since October. New rates will be effective midnight tonight, Indian Oil Corp, the...
  • TMC continues to attack Modi government, raise issue of fuel pricing in Parliament December 3, 2014

    New Delhi: The Trinamool Congress on Wednesday continued with its attack on the Narendra Modi government and has targeted the Centre on fuel prices. TMC MPs were protesting outside Parliament holding banners against the price hike. The government has hiked excise duty on petrol by Rs 2.25 per litre and diesel...
  • Non-subsidised LPG price cut by Rs 113 per cylinder December 1, 2014

    New Delhi: Price of non-subsidized cooking gas (LPG) on Monday was cut by a steep Rs 113 per cylinder and that of jet fuel (ATF) by 4.1 per cent as international oil rates slumped to multi-year lows. A 14.2-kg cylinder of non-subsidized LPG will now cost Rs 752, down from...
  • Jet fuel prices slashed by 7.3 per cent, no cut on fares November 2, 2014

    New Delhi: Jet fuel (ATF) rates were cut by a steep 7.3 per cent, the fourth straight reduction in prices since August on back of falling international oil rates. The price of aviation turbine fuel (ATF), or jet fuel, at Delhi was cut by Rs 4,987.7 per kilolitre, or 7.3 per...
  • Diesel price may be cut for 1st time in 7 years; Petrol by Re 1 per litre September 9, 2014

    New Delhi: With Brent crude oil prices dipping below $100 per barrel, petrol prices may be cut by Re one a litre and there is also a likelihood of first reduction in diesel rates in seven years. Petrol and diesel rates are due for revision on September 15 and there...
  • Petrol price cut by Rs 1.82 per litre, diesel rate hiked by 50 paise August 30, 2014

    New Delhi: In a major relief for the common man, petrol prices will be cut by Rs 1.82 per litre from midnight tonight. The diesel price, however, has been hiked by 50 paise. This is the third reduction in fuel prices in the month of August. Prior to Independence Day, the...
  • Linking rail fare with fuel price to hit common man: Naveen Patnaik July 8, 2014

    Bhubaneswar: Linking the railway fare with fuel price was likely to hit the common man, Odisha Chief Minister Naveen Patnaik said on Tuesday. "As regards the proposal for linking the railway fare with fuel price, I apprehend that this will affect the common man and expose them to vagaries of...
  • Egypt PM rejects public outrage against fuel price hike July 6, 2014

    Cairo: Egyptian Prime Minister Ibrahim Mahlab has rejected public outrage against the recent hike in fuel prices and asked them to accept the decision. Mahlab said this on Saturday during a phone interview with "90 Minutes program" on elMehwar TV channel. "This raise in prices is a hard way but...
  • JMM slams Modi government for raising fuel prices July 1, 2014

    The Jharkhand Mukti Morcha activists on Tuesday burnt an effigy of the Narendra Modi government protesting the hike in prices of petrol, diesel, LPG cylinders and rail fare. Led by Ranchi city president Antu Tirkey, JMM activists marched to Albert Ekka Square and burnt the effigy. "The hike in prices of petrol,...
  • Iraq crisis responsible for fuel price hike: Dharmendra Pradhan July 1, 2014

    Minister of State for Petroleum and Natural Gas, Dharmendra Pradhan blamed the Iraq crisis for the hike in fuel prices, saying that the government has been forced to raise the prices of fuels because they are indeterminately linked to market forces. ...
  • Nonsubsidised LPG price hiked by Rs 16.50 per cylinder; ATF by 0.6 pc July 1, 2014

    New Delhi: Price of nonsubsidised cooking gas (LPG) was on Tuesday hiked by Rs 16.50 per cylinder and that of jet fuel by over halfaper cent after international oil prices surged due to the ongoing Iraq crisis. The increase in rates of nonsubsidised LPG and ATF accompanies the Rs 1.69...
  • PM Modi takes stock of food inflation, faces flak over fuel price hike July 1, 2014

    New Delhi: The first big challenge for the Narendra Modi government has coming close on the heels of the delayed monsoon with the prices of food commodities having risen sharply. Prime Minister Narendra Modi has taken stock of the rise in prices of essential commodities and asked states to urgently...
  • Fuel price hike: Jayalalithaa demands rollback June 30, 2014

    Chennai: Tamil Nadu Chief Minister J Jayalalithaa on Monday opposed the latest revision in fuel prices, saying it has come as a 'disappointment' to people who voted for BJP expecting a change from the 'wrong' economic policies of the previous Congressled UPA. She urged the intervention of Prime Minister Narendra Modi...
  • Petrol price cut by 70 paise per litre April 15, 2014

    New Delhi: In a good news for the people, petrol price has been cut by 70 paise per litre. The price changes announced by oil companies are excluding local sales tax or VAT with effect from Tuesday midnight. Earlier, petrol and diesel prices were hiked by 75 paise and 50 paise a...
  • January inflation seen easing on food, fuel prices but still elevated February 11, 2014

    India's high inflation probably eased to a sevenmonth low last month as food and fuel prices showed signs of moderating, providing some respite to the Reserve Bank of India which has been hiking interest rates to curb soaring prices, Reuters polls showed on Tuesday. Ominously, though, factory activity likely contracted 1.0...
  • Delhi: Autorickshaw drivers protest outside Moily's residence December 29, 2013

    New Delhi: Autorickshaw drivers on Sunday held a protest outside the residence of Petroleum Minister M Veerappa Moily, demanding immediate rollback of the hike in CNG prices. The demonstrators, some of whom were wearing Aam Aadmi caps, reached Moily's Tughlak Lane residence this afternoon, raising slogans and demanded roll back...
  • Mamata takes a dig at Moily's 'Bus Day' proposal November 9, 2013

    Taking a dig at the Petroleum Ministry's proposal of declaring 'Bus Day' once a week to promote fuel conservation and reduce the country's oil import bill, West Bengal Chief Minister Mamata Banerjee said it would be better to walk. "Petroleum Ministry, being unable to control repeated price hike of petrol and...
  • No plans to raise fuel prices at present, says Veerappa Moily September 24, 2013

    India has no plans to raise diesel and other key subsidised fuel prices at present, Oil Minister M Veerappa Moily told reporters on Tuesday, as he announced measures aimed at saving $5 billion from the country's huge fuel bill. Moily, who has said he wants to find savings of up to...
  • CNG price hiked by Rs 3.70 per kg in in Delhi September 7, 2013

    New Delhi: After petrol and diesel, price of CNG was on Saturday hiked by a steep Rs 3.70 per kg in the national capital, the second increase in rates in two and half months. Price of Compressed Natural Gas (CNG) sold to automobiles in the national capital has been increased from...