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  IMF applauds India for cutting fuel subsidy

  January 18, 2015 14:42 IST

  Washington: The International Monetary Fund (IMF) had lauded India's efforts to cut fuel subsidies, saying the fall in global crude oil prices provides a golden opportunity to reduce energy subsidies.While speaking about the outlook for

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  Govt hikes excise duty on petrol, diesel again; no price cut

  January 16, 2015 19:00 IST

  New Delhi: The government today hiked excise duty on petrol and diesel by Rs 2 per litre each to take away gains coming by way of global oil prices dipping to six-year lows.Retail pump rates

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  Oil firms will decide on price revision: Pradhan

  January 16, 2015 18:01 IST

  New Delhi: A day after oil companies skipped revising petrol and diesel prices despite steep fall in global rates, Petroleum Minister Dharmendra Pradhan today said the state-owned firms will do what is "appropriate".As per the

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  No change in petrol, diesel prices

  January 01, 2015 21:54 IST

  New Delhi: There will be no change in the prices of petrol and diesel despite an indication earlier Thursday that these would be reduced. However, jet fuel (ATF) rates have been cut by a steep

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  Excise duty on petrol, diesel hiked; no change in retail price

  January 02, 2015 8:38 IST

  New Delhi: The government today raised excise duty on petrol and diesel by Rs 2 per litre each but retail pump rates will not be increased.The third excise duty hike since November will help raise

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  Motorists to start new year with cheaper petrol, diesel

  December 31, 2014 10:16 IST

  New Delhi: Petrol and diesel may get cheaper from midnight on the back of sliding global oil rates. This will be the ninth consecutive reduction in petrol prices and the fifth cut in diesel rates

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  No roll-back of excise duty hike on diesel, petrol: Jayant Sinha

  National | December 16, 2014 16:40 IST

  New Delhi:  The government today said it has no plans to roll-back the recent hike in excise duty on diesel and petrol. “No, Sir,” Minister of State for Finance Jayant Sinha said in a written

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  Adjournment notice on petrol, diesel excise hike rejected

  National | December 09, 2014 14:00 IST

  New Delhi: Lok Sabha Speaker Sumitra Mahajan on Tuesday rejected a notice of adjournment given by Congress and RSP to discuss the hike in excise duty on diesel and petrol.She said though the issue raised

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  Expect a drop in petrol, diesel prices

  November 28, 2014 15:11 IST

  New Delhi: Petrol and diesel prices in India may fall further as global oil prices slumped to four-year lows of around $70 a barrel on Thursday after Organization of Petroleum Exporting Countries (OPEC) decided against

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  Oil companies make LPG, petrol available in J&K

  India | September 18, 2014 16:46 IST

  New Delhi: As efforts are stepped up to return normalcy in the flood-ravaged Kashmir valley, state-owned oil firms have made available about 33,300 domestic cooking gas (LPG) cylinders and several hundred litres of petrol and

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  After petrol, Govt hints at diesel price reduction

  August 31, 2014 23:18 IST

  Chandigarh: After slashing petrol prices by up to Rs 2.50 a litre, the Government is working hard to deliver on its Lok Sabha poll promises and its eyes are now on diesel price reduction, Home

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  Petrol, diesel prices hiked in four metros from midnight

  India | February 28, 2014 19:47 IST

  New Delhi: Following are the revised prices of petrol and diesel in four metros after oil firms hiked rates with effect from midnight tonight.PETROLCurrent Price Revised Price IncreaseDelhi72.4373.160.73Kolkata80.2080.960.76Mumbai81.3182.070.76Chennai75.7176.480.77(All Rates in Rs/ litre) DIESELCurrent Price Revised Price

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  Top ten gas producing countries of the world

  World | November 05, 2013 6:55 IST

  New Delhi: Natural gas has emerged as one of the main sources of energy across the world. There are several countries in the world which are using their own natural gas resources. Here is a

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  Petrol price cut by over Rs 3 a litre, diesel hiked by 50 p

  India | September 30, 2013 21:24 IST

  New Delhi: Petrol price was today cut by Rs 3.05 per litre, the first reduction in rates in over five months and the steepest in over five years, while diesel prices were raised by 50

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  Petrol price hiked by Rs 1.63 a litre; 7th increase since June

  India | September 13, 2013 20:39 IST

  New Delhi: Petrol prices were today hiked by Rs 1.63 per litre, the seventh increase since June, on rising oil rates and falling rupee.The increase excludes local sales tax or VAT and will be effective

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  With rupee reviving, petrol price may be cut by Rs 1.50 a litre

  India | September 12, 2013 20:58 IST

  New Delhi: Petrol prices may be cut by as much as Rs 1-1.50 per litre next week on falling international oil rates and appreciating rupee but a one-time hike in diesel and possibly LPG rates

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  Opposition slams petrol, diesel price hike

  National | September 02, 2013 17:47 IST

  New Delhi: Government today came under sharp attack from Opposition parties in Rajya Sabha over fuel price hike with CPI-M, CPI and Trinamool members staging walk-out from the House which saw a brief adjournment due

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  Petrol price hiked by Rs 1.55 per litre

  July 15, 2013 10:18 IST

  New Delhi, July 15: Petrol price was on Sunday hiked by a steep Rs 1.55 a litre, the fourth increase in rates in six weeks, as falling rupee made oil imports costlier.Oil companies raised petrol

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  Petrol prices hiked by Rs 2 per litre

  India | June 15, 2013 18:44 IST

  New Delhi, Jun 15: Oil marketing companies have decided to increase petrol prices by up to Rs 2 per litre, excluding VAT, on Saturday as the weakening rupee is making oil imports costlier. Petrol price

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  Petrol, liquor, to become costlier in Bihar

  India | May 08, 2013 7:41 IST

  Patna, May 8: Liquor and tobacco products except biddi and petrol would become costlier in Bihar with the state government deciding to impose additional tax on these items.Decision to this effect was taken at a