Prime Minister Manmohan Singh has warned that the government must raise diesel, kerosene and cooking gas prices in a phased manner as India's fuel prices are well below international prices. Sources have told Network 18 that the government may consider hiking diesel prices by Rs 2 to 3 per litre and LPG by rs 50 to 75 rupees, in line with the Kelkar committee report recommendations. ...
09:16 AM, Jan 08, 2013
The CNG price in the national capital has been increased by Rs 1.55 per kg while that in Noida, Greater Noida and Ghaziabad have been hiked by Rs 1.80 per kg. With this move, the new consumer price in Delhi would be Rs 39.90 per kg while in NCR towns, it would be Rs 45.10. ...
07:23 PM, Jan 04, 2013
German luxury car maker Mercedes-Benz today said it will increase prices of all its models in the domestic market by up to three per cent effective January 14 to offset the rising input costs and currency fluctuation. ...
11:29 AM, Jan 02, 2013
French auto-major Renault plans to increase prices of its automobiles in India by up to 1.5 per cent with effect from January 1, 2013 due to high input costs. ...
04:00 PM, Dec 18, 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 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
After the government put on hold the Rs 26.50 hike on non-subsidised LPG cylinders, Petroleum Minister Veerappa Moily said it was the oil companies' decision and not the ministry's, as had been reported. The minister further added that the public sector oil firms will take a call on raising the cap on subsidised LPG cylinders. ...
12:39 PM, Nov 03, 2012
New Delhi: Sources on Friday said that it was a communication by the Oil Ministry that led to a reversal of the price hike on non-subsidised LPG cylinders. The government on Thursday had hiked the prices of non-subsidised cooking gas by Rs 26.50 to Rs 922, up from Rs 895.50. The hike was supposed to come into effect on November 11. However, facing criticism from all sides, the government put...
09:27 AM, Nov 02, 2012
New Delhi: In some relief to the people, the government has decided to put on hold its Rs 26-hike on non-subsidised cooking gas (LPG), which consumers buy beyond the cheaper quota of six cylinders. On Thursday, the government announced its decision to hike the prices which would have raised the prices to Rs 922 per cylinder from the prevalent rate of Rs 895.50. The government had in September restricted the...
07:34 AM, Nov 02, 2012
New Delhi: The price of non-subsidised cooking gas (LPG), which consumers buy beyond the cheaper quota of six cylinders, was on Thursday hiked by Rs 26.50 to Rs 922 per unit on firming international rates. The 14.2-kg cooking gas cylinder that consumers buy beyond their entitled six bottles at subsidised rates, will now cost Rs 922, up from Rs 895.50 in Delhi, according to Indian Oil Corp, the nation's largest...
03:08 PM, Nov 01, 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: Petrol price may be hiked by a further 30 paise per litre and diesel by 18 paise as the government decides to increase the commission of petrol pump dealers. Petrol pump dealers have been demanding a hike in their commission keeping in view their working capital cost that has gone up substantially due to frequent price changes and sharp rise in overheads like electricity charges. Recently, the price...
06:06 PM, Oct 25, 2012
New Delhi: Nissan Motor India said it will increase the prices of its hatchback Micra and midsize sedan Sunny with effect from November 1 to offset rising input and transportation costs. The recently launched multi utility vehicle Nissan Evalia will not be affected, the company said in a statement without disclosing the quantum of hike. Commenting on the proposed price increase, Hover Automotive India Director (Sales & Marketing) Nitish Tipnis,...
04:02 PM, Oct 24, 2012
Kochi: Private bus operators in Kerala would withdraw services from October 29 midnight demanding hike in bus fares. The All Kerala Bus Operators Co-ordination Committee, comprising eight organisations, which met in Kochi on Saturday, took a decision to this effect. Briefing reporters, T Gopinath, Coordination committee General Secretary, said there is need to urgently hike the bus fares in the light of increase in diesel price. The committee had on...
02:19 AM, Oct 14, 2012
New Delhi: The Bharatiya Janata Party (BJP) protested against price rise and cap on LPG cylinders at Jantar Mantar in the capital on Friday. Senior BJP leaders Sushma Swaraj and Arun Jaitley were at the rally as part of the party's 'Congress hatao, Desh bachao' (remove Congress, save the country) campaign targetting the UPA-2 government. "The UPA government came into power saying it would serve the common man. However, it...
02:24 PM, Oct 12, 2012
New Delhi: The BJP will stage a demonstration on Friday to protest against the recent steep hike in prices of cooking gas, electricity and diesel. Leader of Opposition in Lok Sabha Sushma Swaraj, Leader of Opposition in Rajya Sabha Arun Jaitley and Leader of Opposition in Delhi Legislative Assembly Vijay Kumar Malhotra would be among the prominent BJP leaders at the demonstration organised by BJP Delhi Pradesh Mahila Morcha. The...
12:36 AM, Oct 12, 2012
New Delhi: The Union Cabinet on Thursday approved a slew of legislations and amendments to several existing Acts, which included the Indecent Representation of Women (Prohibition) Act. The Act will now cover audio-vidual media and the Internet too. Violators can now get up to three years imprisonment and will pay a maximum penalty of Rs five lakh. The Cabinet also approved the hike in urea prices by Rs 50 a...
02:26 PM, Oct 11, 2012
Lucknow: All eyes will be on Bahujan Samaj Party chief Mayawati to see whether she will pledge her support to the UPA. Not just the Centre, but Mulayam Singh Yadav's Samajwadi Party, too, is awaiting the BSP Chief's decision. The decision is expected at the BSP national executive on Wednesday. On Tuesday, Mayawati did claim that her party was ready for early polls, but added that this would be a...
08:38 AM, Oct 10, 2012
New Delhi: The government on Tuesday ruled out any further increase in diesel and cooking fuel prices even though the current retail rates are lower than their cost of production. "I am not so courageous," Oil Minister S Jaipal Reddy said when asked if the Government will consider raising prices considering the humongous Rs 167,000 crore revenue loss on diesel, cooking gas (LPG) and kerosene sale expected this fiscal. The...
12:41 AM, Oct 10, 2012
Lucknow: Bahujan Samaj Party (BSP) supremo Mayawati will kick off her party's 2014 Lok Sabha election campaign on Tuesday with a grand rally in Lucknow. The rally coincides with sixth death anniversary of party founder Kanshiram. But clarity on the big question of supporting the UPA following the Trinamool Congress's exit is expected only when the BSP's national executive discusses it on Wednesday. The rally has been called to "ponder,...
09:35 AM, Oct 09, 2012
Lucknow: Bahujan Samaj Party (BSP) supremo Mayawati will kick off her party's 2014 Lok Sabha election campaign on Tuesday with a grand rally in Lucknow. The rally coincides with sixth death anniversary of party founder Kanshiram. Mayawati is expected to come down heavily on the UPA government on issues like allowing FDI in multi-brand retail and the diesel price hike. Mayawati will also be taking on the Akhilesh Yadav government...
07:43 AM, Oct 09, 2012
