KSRTC services hit by diesel shortage
Diesel shortage at the KSRTC Ernakulam depot left many passengers stranded at the bus stand. Many of them were unable to travel to the city outskirts on Monday.
Several services were either cancelle
Diesel duty gives jitters to car makers
Representatives of top auto manufacturers on Wednesday asked the finance ministry to hike diesel prices rather than hiking taxes on diesel cars to curb the use of diesel as against petrol vehicles.
D
Rangarajan for immediate hike in diesel, LPG prices
Widespread opposition notwithstanding, Prime Minister's Economic Advisory Council chairman C. Rangarajan has strongly favoured an immediate increase in prices of diesel and cooking gas to contain
Automakers seek hike in diesel prices
Auto companies have approached the government to consider hiking diesel prices to bring parity with petrol to offset the huge imbalance that has set in the car demand pattern. However, they have tak
Proposal to hike duty on diesel cars on card
Amid widening price difference between petrol and diesel, the Finance Ministry is looking at the possibility of raising excise duty on diesel cars, a suggestion which was mooted long back by the Oil Ministry.
Petrol hike fails to lift rupee; diesel eyed
The Indian rupee fell to a fresh record low on Thursday as a sharp increase in petrol prices failed to lift investor sentiment even as it fueled expectations that New Delhi might soon take the more politically fraught step of raising diesel prices.
India Inc calls for dual pricing of diesel, LPG
Welcoming the hike in petrol prices, industry organisations on Thursday called for differential pricing of diesel and liquefied petroleum gas (LPG) to curb ballooning fuel subsidy.
"The current under
Rupee recovers from record low; up 14 paise against dollar
After hitting a record low of Rs 56.38 against the US dollar during the day, the rupee recovered 14 paise from Wednesday's closing level of 56 in the late afternoon trade.
It strengthened to trade at
Kerala waives sales tax on latest petrol hike
The Congress led UDF government in Kerala on Thursday waived the sales tax on the latest petrol price hike, saying it was committed to bringing some relief to the people affected by the latest increas
Despite outrage, oil companies rule out rollback in petrol price hike
Oil companies on Thursday said there will be no roll back after the whopping Rs 7 hike in petrol prices.
IOC head said there was no pressure from any quarter to roll back the petrol price hike and sa