New Delhi: Petrol price was on day 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 pri

Diesel prices may be hiked by Rs 3-5 per litre, kerosene by Rs 2 and LPG by Rs 50 per cylinder as Oil Minister M. Veerappa Moily urged Prime Minister Manmohan Singh to take steps to tackle a record Rs 180,000 crore of losses arising from dipping rupee and surging oil rates.

New Delhi: Petrol price was on Wednesday hiked by 70 paisa per litre, the fifth increase in rates in two months, and diesel by 50 paisa per litre on firming international oil prices.
The increase in

With the rupee continuing to remain weak against the US dollar, losses on diesel have climbed to Rs 9.45 per litre, upsetting the government’s subsidy maths.

 
New Delhi: The government is likely to alter the way diesel and cooking fuels are priced to reduce its subsidy burden, which appears to be spiralling out of hand due to the falling rupee.
 
Since t

Chennai: More than a dozen diesel engines that ought to have returned to the Tondiarpet Loco Shed for annual overhauling months ago, are pulling long-distance mail and express trains with poorly main

Hyderabad: YSR Congress Party today criticised the Centre for its “lack of foresight” and demanded immediate rollback of the recent diesel price hike.
The party also asked the Centre to focus on infu

Diesel prices will be hiked by 40-50 paise per litre every month till losses on the nation's most used fuel are completly wiped out, oil minister M. Veerappa Moily said today.

Sharply attacking the Centre’s dual pricing policy on diesel for bulk consumers, Tamil Nadu chief minister Jayalalithaa today demanded its immediate withdrawal as it was “ill-conceived” and “short-sighted” and threatened to move the Supreme Court if it was not rolled back.

Ruling out roll-back of the “small” 45 paisa increase in diesel prices, oil minister M. Veerappa Moily today said bulk consumers like Railways will have to find their own budget to buy the fuel at market price.