FUEL

  • ATF price hiked by 8.2%; non-subsidised LPG to cost Rs 5 more 2 days ago

    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 2 days ago

    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 2 days ago

    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...
  • Union Budget 2015 may back off fertiliser subsidy reform 4 days ago

    New Delhi: Investors looking for India's budget on Saturday to tackle fertiliser subsidies are likely to be disappointed, because sources say the government plans to largely maintain the current regime. The government was widely expected to deregulate urea prices after freeing up diesel following a fall in crude prices, but two...
  • 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...
  • In Modi era, petrol costs more than aviation fuel: Congress January 5, 2015

    New Delhi: Petrol for common man costs more than the Aviation Turbine Fuel used in planes, Congress said on Monday while seeking to paint the Narendra Modi government as anti-poor and questioning it for the "grave injustice". What is "more painful" today is the fact that the price of petrol...
  • Jet fuel rates cut sharply by 12.5 per cent January 1, 2015

    New Delhi: Jet fuel (ATF) rates were slashed by a steep 12.5 per cent, the sixth straight reduction in prices since August, as international oil prices slumped to five-year low levels. The price of aviation turbine fuel (ATF), or jet fuel, at Delhi was cut by Rs 7,520.52 per kilolitre, or...
  • SpiceJet says has cleared employee salaries, fuel dues December 27, 2014

    New Delhi: Troubled carrier SpiceJet Ltd has paid employees' salaries for November and cleared dues of fuel companies as of Friday, its chief operating officer said. Sanjiv Kapoor met senior officials in the Aviation Ministry on Friday along with co-founder Ajay Singh, who sources have said is planning to team up...
  • Rail passengers unlikely to benefit from diesel price cut December 22, 2014

    New Delhi: Reduction in diesel price is unlikely to be passed on to rail passengers as the cross-subsidisation burden on passenger service is still hovering around Rs 26,000 crore. "It is true that diesel prices have come down two-three times in the last few months but it has not happened beyond...
  • SpiceJet fallout: Ticket prices shoot up by 50 per cent December 19, 2014

    Thousands of passengers were stranded as the SpiceJet airline cancelled many of its flights on Wednesday morning. Ten passengers have also filed a complaint against the airline in New Delhi. ...
  • Cash-strapped SpiceJet resumes operations December 17, 2014

    New Delhi: The cash-strapped airline SpiceJet resumed operations on Wednesday after facing passengers' anger for mass cancellation of flights over non-payment of fuel dues. SpiceJet Chief Operating Officer Sanjiv Kapoor has said that the flights will resume operations by Wednesday evening. "Flights scheduled to depart on or after 4 PM today...
  • Oil Ministry asks SpiceJet to submit 10-day plan for revival, airline to start operation by 4 PM December 17, 2014

    New Delhi: The cash-strapped SpiceJet has been asked by the Oil Ministry to submit a 10-day plan for revival of the airline, said sources on Wednesday. In a meeting held on Tuesday, the ministry had agreed to grant interim relief to SpiceJet and said that they can pay some money...
  • Will supply fuel only on immediate payment: Oil companies to Spicejet December 17, 2014

    New Delhi: With troubled Spicejet having grounded its flights, oil companies have made it clear the budget carrier will get fuel only on immediate payments, as the airline is on 'cash and carry' mode. The carrier had till Tuesday bought some jet fuel but it has...
  • More trouble for SpiceJet, airline remains grounded for 2nd day as oil companies stop fuel supply: Sources December 17, 2014

    New Delhi: In more trouble for the cash-strapped airline SpiceJet, the operations remain grounded for the second day on Wednesday as oil companies have stopped fuel supply, the sources said. "Not even a single flight has taken off till this morning due to fuel supply issue with the oil companies," sources...
  • Lava Iris Fuel 60 with a 4,000mAh battery launched at Rs 8,888 in India December 16, 2014

    New Delhi: Homegrown handset maker Lava launched a new smartphone - Iris Fuel 60 - offering a greater battery life to help users work for longer hours without frequent charging. Priced at Rs 8,888, the handset is second in Lava's range of smartphones focussed on longer battery life. "With smartphones becoming part...
  • 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...
  • Air pollution discolouring Taj Mahal, finds study December 11, 2014

    Washington: A team of researchers from India and the US has found that the browning of the Taj Mahal's iconic marble dome and soaring minarets is due to dust and airborne carbon particles. "Our team was able to show that the pollutants discolouring the Taj Mahal are particulate matter carbon from...
  • 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...
  • Indian road laws to be in line with standards set in US, UK, says Transport Minister Nitin Gadkari November 28, 2014

    New Delhi: The Union Road and Transport Ministry is all set to bring major changes in the country's transport system. Union Minister Nitin Gadkari said that he is aiming at utilising bio-fuels for the running of vehicles, adding that the Centre will formulate new road laws which are in line...
  • Toyota Mirai: Toyota to start sales of its first mass-market fuel cell car next month November 18, 2014

    Tokyo: There will only be a few hundred, and they won't be cheap, but Toyota is about to take its first small step into the unproven market for emissions-free, hydrogen-powered vehicles. The world's largest automaker announced Tuesday that it will begin selling fuel cell cars in Japan on December 15 and...
  • 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...