Chennai: Chief minister J. Jayala­l­i­­thaa lashed out at the Congress-led UPA gove­r­nment for hiking the prices of fuel instead of ad­dressing the problem of depreciation of rupee and asked the Cen

Trinamool Congress chief Mamata Banerjee on Wednesday gave no indication of resiling from her decision to withdraw support to the UPA government when she ruled out any compromise on her demands for ro

After two rounds of rate cuts last month, petrol price was on Monday hiked by 70 paise per litre on firming international oil rates.

Petrol in Delhi will cost Rs 68.48 per litre with effect from midn

The middle class and the common man are the worst hit from the hike in petrol prices.

They allege that auto drivers are fleecing them and that it is high time the government intervenes in the matter

Finance Minister Pranab Mukherjee on Friday said surging food and fuel prices amid weak global economic growth are adversely impacting GDP growth of India.

"Business sentiments are down. Food inflat

Diesel prices may start going up in a matter of three months if indications of the Prime Minister’s economic advisory council are anything to go by.

Diesel prices should be deregulated but the timing

Planning Commission on Friday said the decision of oil marketing companies to raise petrol price by Rs 3.14 per litre is a good news and will provide credibility to the economic reforms process.

"Wha

Petroleum Minister S. Jaipal Reddy said on Tuesday that if global crude oil prices continue to slip further, petrol price would be lowered.

"If the prices globally come down sharply and in a stable w

Finance Minister Pranab Mukherjee on Saturday ruled out dual pricing for diesel, which could have made the fuel expensive for passenger car owners.

"There are no proposals for introducing dual prici

The Prime Minister's Economic Advisory Council (PMEAC) chairman C. Rangarajan on Tuesday favoured decontrolling of diesel prices, saying retail petroleum prices must reflect the international crude pr