Fuel

  • J&K floods: Oil installations under water, IOC airlifts aviation fuel to aid air sorties 4 days ago

    Certain oil installations in the flood ravaged state of Jammu and Kashmir are under water, oil Minister Dharmendra Pradhan informed the media on Thursday. However, to deal with any adverse eventuality, Indian Oil Corp (IOC) has airlifted aviation fuel (ATF) to Srinagar to aid air sorties to the marooned valley. ...
  • 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. ...
  • Price of non-subsidised LPG cylinders cut by Rs 23.50 June 2, 2014

    The government has decided to cut price of non-subsidised cooking gas (LPG) by Rs 23.50 per cylinder after the Rupee's appreciation lowered import costs. The new rate will be effective from midnight. The rate of aviation turbine fuel has also been reduced by about Rs 1200 per kilo litre which...
  • FTP: Oil minister Moily travels by metro: Should more VIPs use public transport? October 9, 2013

    Delhi Metro has a VIP commuter now as Petroleum Minister Veerappa Moily has started his drive to save fuel by commuting through metro to work. Petroleum Minister Veerappa Moily took the metro to the ministry on Wednesday. He plans to do so every Wednesday and he has also adviced his...
  • India @ 9 with Rajdeep Sardesai September 2, 2013

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • Is the government running out of options to control the oil pool deficit? September 2, 2013

    In an attempt to cut oil consumption, the Oil Ministry had on Sunday proposed petrol pumps to be open from 8 am to 8 pm. However, Oil Minister Veerappa Moily took a U-turn on Monday and denied any such proposal after facing criticism from the Opposition and the public. ...
  • The Last Word: What are sensible and silly ways of conserving fuel? September 2, 2013

    In an attempt to cut fuel consumption, the Petroleum Ministry has proposed petrol pumps to be open from 8 am to 8 pm only. Oil Minister Veerappa Moily had earlier written a letter to Prime Minister Manmohan Singh and Finance Minister P Chidambaram suggesting further hike on fuel prices. ...
  • News 360: No plan to restrict petrol pump timings, says Veerappa Moily September 2, 2013

    Petroleum Minister Veerappa Moily does a U-turn on the suggestion of keeping petrol pumps shut from 8 pm to 8 am. Speaking to IBN18 Editor-in-Chief Rajdeep Sardesai, Moily said there has been no such proposal. ...
  • CPI criticises Oil Ministry proposal to restrict petrol pump timings, says govt clueless September 2, 2013

    CPI leader D Raja has criticised Oil Ministry proposal to restrict petrol pump timings. He said that the government is clueless and confused. ...
  • Restriction on fuel pumps will lead to adulteration, says petrol sector analyst September 2, 2013

    Petrol sector analyst Narendra Taneja has said that restriction on fuel pumps will lead to adulteration. He said, "There will be chaos in the society, you are creating panic in the market and you'll generate a black market overnight that will lead to adulteration. I don't think it'll be able...
  • SP condemns Oil Ministry proposal to restrict petrol pump timings September 2, 2013

    Samajwadi Party leader Naresh Agarwal has condemned the Oil Ministry proposals to restrict petrol pump timings. He said, "If the people need petrol, they will end up buying it during the day time. But this is not a solution and the government should talk to everyone and come up with...
  • More burden on pockets as fuel prices hiked September 1, 2013

    Petrol prices have been hiked by the government by Rs 2.35 and diesel is hiked by 50 paise. The hike comes amid a surge in global oil prices caused by deepening of the Syrian crisis. ...
  • Fuel prices hiked; Petrol dearer by Rs 2.35 per litre, diesel by 50 paise August 31, 2013

    Petrol price was Saturday hiked by a steep Rs 2.35 per litre, the sixth increase in rates in three months, and diesel by 50 paise per litre on falling rupee and firming international oil prices. ...
  • Has the economist Prime Minister failed the economy? July 9, 2013

    A worried government has gone into damage control as the rupee depreciated and the current account deficit widened. ...
  • Defence Ministry has asked armed forces to reduce fuel use: Sources July 9, 2013

    Rising prices of international crude are also affecting defence supplies. Army sources are saying the Defence Ministry has asked armed forces to reduce fuel use by 4 to 5 per cent. ...
  • Petrol price hike: Citizens voice their concerns June 15, 2013

    On Saturday, the government hiked petrol price by Rs 2 a litre, the second increase in rates in June alone. ...
  • Diesel price hike will result in inflation, make life difficult: Delhi residents May 11, 2013

    The diesel price was hiked by 90 paise on Friday. ...
  • If I were FM: Bring back fuel subsidies, demand people in Kolkata February 24, 2013

    In its countdown to Union Budget 2013, CNN-IBN met people across the country to get their views on what they want from the Finance Minister. Here is a voice from Kolkata. ...
  • News 360: Tainted chopper deal put on hold, say sources February 13, 2013

    The AugustaWestland chopper deal got murkier with allegations of bribery now being levelled directly at the former Air Chief, SP Tyagi. ...
  • News 360: Diesel price to go up 50 paise/litre every month January 17, 2013

    Oil firms allowed to hike diesel price by 50 paise/litre per month as the government makes first move towards diesel decontrol. ...
  • News 360: Govt considers Kelkar panel report, fuel price may be hiked January 11, 2013

    Petroleum And Natural Gas Minister Veerappa Moily Moily on Friday said that a hike in diesel and LPG prices could be announced soon. ...
  • The Last Word: Can political protests reverse LPG, FDI reforms? October 1, 2012

    Mamata Banerjee on Monday said her party is planning to bring a no-confidence motion against UPA government in the next session of Parliament and sought support of other political parties in this regard. ...
  • Reforms could lower India's fiscal deficit to 4.6 pc: Kelkar report September 29, 2012

    The Kelkar panel on Friday said that India was on the edge of a 'fiscal precipice' and that it should urgently slash fuel, food and fertilizer subsidies to cut its fiscal deficit. A wary government, however, said that certain levels of subsidies were unavoidable. The report goes on to add that the...
  • Fuel price hike is a burden on the common man: Chandigarh September 22, 2012

    PM Manmohan Singh recently announced some major economic policy decisions allowing for 51 per cent FDI in retail, a hike in diesel prices and a cap on subsidised LPG cylinders. ...
  • The Last Word: Was Bharat Bandh successful or just disruptive? September 20, 2012

    The Bharat Bandh called by the opposition parties over FDI reforms and fuel price hike evoked mixed response on Thursday. ...
  • India @ 9 with Rajdeep Sardesai September 18, 2012

    TMC withdraws support to UPA, Congress says Mamata still an ally. UPA in minority, BJP says countdown for poll has begun. ...
  • Can UPA survive the Mamata storm? September 18, 2012

    Mamata Banerjee on Tuesday admitted that the UPA government could continue in power, even without her party's support. ...
  • The Last Word: Will UPA survive without Mamata Banerjee? September 19, 2012

    Trinamool Congress Chief Mamata Banerjee took the decision to pull out of the UPA after meeting her party leaders. ...
  • Moily defends diesel price hike, says money has to be generated September 18, 2012

    Power Minister Veerappa Moily has ruled out a rollback citing the compulsion of rising crude prices. ...
  • India @ 9 with Rajdeep Sardesai September 17, 2012

    Chidambaram rules out roll back of fuel price hike. Congress backs Rahul Gandhi, says Narendra Modi has realised where he stands. ...