Accusing the Congress-led UPA of pushing people into another crisis and "untold miseries" with Friday's petrol price hike, Chief Minister Jayalalithaa today warned such repeated revision could well become a tool "that will destroy the central government. ...
10:01 PM, Mar 01, 2013
Petrol price has been hiked by Rs 1.40 per litre, excluding VAT, with effect from Friday midnight. This is the second hike in petrol price in over two weeks. ...
06:19 PM, Mar 01, 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
Petrol price was on Tuesday evening hiked by about 35 paise per litre in line with firming raw material cost. Petrol will cost Rs 67.56 per litre in Delhi with effect from midnight Tuesday, industry sources said. ...
11:18 PM, Jan 15, 2013
Surajkund: Prime Minister Manmohan Singh on Friday justified recent "difficult" decision to hike prices of petroleum products and asked Congress cadres to have confidence in these measures arguing these were necessary. "We have to make all out efforts to change the conditions that affect the rapid growth of the country's economy," he said addressing a dialogue meeting of top Congress leaders in this picnic town on the outskirts of the...
11:46 PM, Nov 09, 2012
New Delhi: Petrol price was on Saturday hiked by 29 paise per litre and diesel by 20 paise after government decided to increase commission paid to petrol pump dealers. Petrol in Delhi from Saturday costs Rs 68.19 per litre as against Rs 67.90 previously. Similarly, diesel rates have been hiked to Rs 47.15 per litre from Rs 46.95, industry sources said. Rates will vary in states due to differential in...
02:34 PM, Oct 27, 2012
New Delhi: Federation of All India Petroleum Traders, an umbrella body which claims to represent most of the 42,000 petrol pump operators in the country, on Sunday said it has no plans to go on strike as the government was considering raising dealers commission. FAIPT said there was "no truth" in petrol pumps not making any fuel purchases on October 1 and 2. "Petrol pumps all over the country shall...
10:29 AM, Sep 30, 2012
New Delhi: Bharatiya Janata Party (BJP) leader Arun Shourie on Monday said that he supported Prime Minister Manmohan Singh's decision to raise the fuel prices citing 'increasing growth deficit'. Speaking to IBN18 Editor-in-Chief Rajdeep Sardesai, Shourie said, "I personally support the hike in the prices of petroleum products. It's only when prices of fuel are increased that alternate power sources will become viable." However, Shourie blamed the Prime Minister for...
12:31 PM, Sep 24, 2012
Jamshedpur: Not hiking diesel prices could have led to suppressed inflation, State Bank of India Chairman Pratip Chaudhuri said on Friday. Diesel prices were raised by Rs 5 a litre on Thursday night. The government had no choice but to increase the price of diesel because of the increasing loss incurred by the oil companies, Chaudhuri, who was in the steel city to take part in a function, said. While...
05:43 PM, Sep 14, 2012
New Delhi: The Cabinet Committee on Political Affairs will meet on Tuesday at 5:45 pm and is likely to discuss the fuel price hike. The Cabinet was awaiting UPA Chairperson Sonia Gandhi's return from her foreign trip to take a decision of the fuel price hike. The Oil Ministry had circulated a Cabinet note on fuel price hike. Finance minister P Chidambaram was reportedly pushing for a hike in fuel...
09:16 AM, Sep 11, 2012
New Delhi: The Centre may finally bite the bullet and hike fuel prices soon. Oil minister Jaipal Reddy speaking on Friday, though, ruled out an immediate hike, but he warned of painful decisions that need to be taken. The Oil Ministry has circulated a Cabinet note on fuel price hike. Finance minister P Chidambaram is reportedly pushing for a hike in fuel prices. A final decision will be taken after...
02:25 PM, Sep 07, 2012
New Delhi: A hike of Rs 5 per litre in petrol price is likely to be announced in the next 24 to 48 hours. According to official sources, the Oil Ministry may allow the oil manufacturing companies to announce the hike. According to Oil Ministry sources, the Prime Minister's Office (PMO) and the Finance Ministry are on board for the price hike. Sources also said that though the Cabinet note...
06:56 PM, Sep 06, 2012
Bolpur: Sticking to her stand of hitting the streets against the rise in fuel prices, West Bengal Chief Minister Mamata Banerjee on Friday said she would not let the Marxists take advantage from her confrontations with the Congress-led UPA. "I have always protested whenever the central government has increased the prices of petrol and diesel. I don't support price rise of oil. I will continue to protest against this price...
06:38 PM, Jul 27, 2012
New Delhi: West Bengal Chief Minister Mamata Banerjee has once again hit out at the Centre over the latest hike in petrol price, terming it as unfortunate and wrong. The Trinamool Congress chief also demanded a rollback of the decision. This came two days after Banerjee on Monday slammed the latest hike of petrol price "without consulting allies" and demanded its immediate rollback till a long-term policy evolved after consulting...
07:37 PM, Jul 25, 2012
Kolkata: West Bengal Chief Minister and Trinamool Congress chief Mamata Banerjee on Monday slammed the latest hike of petrol price "without consulting allies" and demanded its immediate rollback till a long-term policy evolves after consulting all political parties. "We have learnt from news reports that there has been a fresh hike in petrol prices. We do not support this. We are deeply unhappy. TC will protest it," Banerjee said. She...
11:09 PM, Jul 23, 2012
New Delhi: After two rounds of rate cuts last month, petrol price was on Monday hiked by 70 paise per litre on firming international oil rates. Petrol in Delhi will cost Rs 68.48 per litre with effect from Monday midnight as compared to Rs 67.78 a litre now, state-owned oil companies announced on Monday. The marginal hike in rate follows reductions last month - Rs 2.02 per litre on June...
07:21 PM, Jul 23, 2012
New Delhi: The government is expected to file a reply in the Bombay High Court on Wednesday regarding a PIL against hike in petrol prices. The court had last week sought a response from the Centre, Petroleum and Finance Ministries on a PIL that claims the hike was illegal as it wasn't endorsed by Parliament. The PIL, filed by Rajendra Phanse, submitted that the petrol prices were hiked abruptly on...
09:09 AM, Jun 20, 2012
New Delhi: State-owned oil firms have decided to "wait-and-watch" the international scenario and the rupee-dollar rate before deciding to cut petrol prices. "The Greece vote is behind us now. But the Fitch rating downgrade has led to a sharp fall in rupee against the US dollar. There is high volatility in the market. For now we will watch the situation," said a top official at one of the three state-owned...
08:17 PM, Jun 18, 2012
Gurgaon: Holding the UPA government responsible for the country's poor economic condition, BJP president Nitin Gadkari on Saturday said the Centre might have to mortgage gold to revive the country's economy. "People from all sections are suffering as the prices of essential commodities have gone up manifold in the past seven years," Gadkari said during a programme of BJP Vyapar Prakosth. Under such circumstances, the Centre might have to mortgage...
07:49 AM, Jun 10, 2012
Union Finance Minister Pranab Mukherjee on Friday said that the petrol prices may come down further. ...
11:38 PM, Jun 08, 2012
