PETROL PRICE HIKE

  • Government to take steps to minimise impact of price hike: Delhi BJP July 1, 2014

    New Delhi: Defending the Centre's decision to hike railway fares and increase in prices of other commodities including gas, petrol, diesel and vegetables, Delhi BJP on Tuesday said the Narendra Modi government will take steps to minimise the impact of these decisions on the common man. At a meeting, chaired by...
  • BJP's definition of 'good days' coming out now: Congress on price rise July 1, 2014

    The Narendra Modi government is facing criticism for further burdening the common man with another hike in fuel prices. Petrol prices were hiked by Rs 1.69 per litre from midnight. ...
  • 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...
  • Petrol prices hiked by 75 paise, diesel prices by 50 paise January 3, 2014

    New Delhi: Petrol price was on Friday hiked by 75 paise and diesel by 50 paise a litre as rise in global oil rates and fall in rupee value increased the cost of production. The hikes, effective midnight tonight, are excluding local sales tax or VAT and actual increase will be...
  • India @ 9 with Rajdeep Sardesai September 13, 2013

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • Jayalalithaa slams hike in petrol price September 13, 2013

    Chennai: Tamil Nadu Chief Minister J Jayalalithaa Friday slammed the revision of petrol price by Rs 1.63 and said this would further burden the people suffering from the recent hike of the fuel price. She said people had not "overcome" from the upward revision earlier this month and termed Friday's hike...
  • Petrol price hiked by Rs 1.63 per litre, excluding states taxes September 13, 2013

    New Delhi: Petrol will cost Rs 1.63 more per litre, excluding state taxes, from midnight on Friday, state-run Indian Oil Corporation (IOC) announced. The IOC said that it had to hike prices due to volatility in the rupee value and hardening of international motor spirit (MS) prices in the international market. Following are...
  • TMC takes a dig at the UPA, says reduce work hours to curb corruption September 2, 2013

    TMC MP Derek O'Brien took a jibe at the government over the issue of a proposal of closing the petrol pumps from 8 pm to 8 am, saying that the government should work for only 4 hours instead of 8 hours as that will save billions of dollars that is...
  • 8 am to 8 pm petrol pumps: Moily says the idea came from public September 2, 2013

    New Delhi: Petroleum Minister Veerappa Moily is now on the backfoot after his suggestion of having petrol pumps open for 12 hours in a day. He has now said that the idea to keep petrol pumps open from 8 am to 8 pm was not the government's idea but had...
  • Opening petrol pumps only for 12 hours a day will create panic: expert September 2, 2013

    New Delhi: The Oil Ministry has proposed austerity measures to cut fuel consumption. Under the new proposals, 24-hour petrol pumps in cities could be done away with and replaced with petrol bunks that are open only from 8 am to 8 pm. While experts call it an 'ill-advised' idea and may...
  • Petrol price hiked by Rs 2.35 per litre, diesel by 50 p August 31, 2013

    New Delhi: 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. The increase in rates, which will be effective from Saturday midnight, are excluding local...
  • TN: Jayalalithaa slams Centre on rupee depreciation issue June 29, 2013

    Chennai: Tamil Nadu Chief Minister J Jayalalithaa on Saturday slammed the Centre on the issue of rupee depreciation and said the latest petrol price hike spurred by the weak currency showed Congressled UPA's "administrative incompetence and incapability." "Instead of taking steps to control the falling value of the Indian Rupee, the...
  • Petrol price hiked by Rs 1.82 per litre with effect from midnight June 28, 2013

    New Delhi: Petrol price was on Friday hiked by a steep Rs 1.82 a litre as falling rupee made imports costlier. An increase in diesel rates is expected early next week. Oil companies raised petrol rates by Rs 1.82 a litre, excluding local sales tax or VAT, with effect from...
  • Petrol price up by Rs 2 per litre due to weak rupee June 16, 2013

    New Delhi: Petrol price was on Saturday hiked by a steep Rs 2 a litre, the second increase in rates in June alone, as devaluation of rupee against US dollar made imports costlier. The hike, which is effective from midnight on Saturday, is excluding local sales tax or VAT and...
  • 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. ...
  • Petrol price hiked by Rs 2 a litre with effect from midnight June 15, 2013

    New Delhi: Petrol price was on Saturday hiked by a steep Rs 2 a litre, the second increase in rates in June alone, as devaluation of rupee against US dollar made imports costlier. The hike, which is effective from midnight tonight, is excluding local sales tax or VAT and actual...
  • Centre fooling people on petrol pricing: Jayalalithaa May 31, 2013

    Chennai: Slamming the latest hike in prices of petrol and diesel, Tamil Nadu Chief Minister J Jayalalithaa on Friday charged the Centre with "fooling" people by reducing the rates of petrol earlier with an eye on the just concluded Karnataka Assembly elections. "Central government had not just reduced prices of...
  • Petrol price to be hiked by Re 1 from June 1: Sources May 29, 2013

    New Delhi: Petrol prices are all set to be hiked from June 1 onwards. Sources say that the increase will be by Re 1 per litre, making it the first petrol hike in 3 months. The hike is to be announced once the three oil marketing companies meet on May 31. ...
  • Petrol price hike: Jaya says UPA pushing people into crisis March 1, 2013

    Chennai: Accusing the Congress-led UPA of pushing people into another crisis and "untold miseries" with Friday's petrol price hike, Chief Minister Jayalalithaa on Friday warned such repeated revision could well become a tool "that will destroy the central government". Demanding a rollback of the hike, she said "I wish to tell...
  • Petrol price hiked by Rs 1.40 per litre from midnight March 1, 2013

    New Delhi: Petrol price was on Friday hiked by Rs 1.40 per litre, the second big increase in rates in as many weeks. A rise in international oil prices and depreciation in rupee have necessitated a Rs 1.40 per litre increase in price of petrol with effect from Friday midnight,...
  • Political parties criticise fuel price hike, demand rollback February 16, 2013

    New Delhi: 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. Party chief M Karunanidhi said the...
  • Petrol price hiked by 35 paise per litre January 15, 2013

    New Delhi: 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. Prices vary from city to city due to differential local sales tax...
  • Govt had to take tough decisions on petroleum products: PM November 9, 2012

    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...
  • Petrol price hiked by 29 paise, diesel by 20 paise October 27, 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...
  • No plans to go on strike: Petroleum Traders body September 30, 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"...
  • Fuel price hike was necessary: Arun Shourie September 24, 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 EditorinChief Rajdeep Sardesai, Shourie said, "I personally support the hike in the prices of petroleum products. It's only when...
  • No choice than to hike diesel prices: SBI Chairman September 14, 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...
  • Cabinet committee to meet, may discuss fuel price September 11, 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...
  • Decision on petrol price hike likely next week September 7, 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...
  • Petrol price may be hiked by Rs 5 per litre September 6, 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)...