The Mamata Banerjee-led Trinamool Congress has reportedly asked its 18 Members of Parliament (MPs) to camp in national capital New Delhi to step up pressure on the UPA Government at the Centre to roll

The government on Saturday remained adamant on the hike in petrol prices at a time when political parties, cutting across ideologies, came together to oppose it. On the other hand the ruling Congress

The government, already under fire for raising petrol prices, may delay a planned diesel price hike for fear the move could cause further damage ahead of key state elections beginning early next year,

A roll-back in the steep Rs 1.80 a litre hike in petrol price is unlikely, government sources said on Saturday.

Ruling out that it has demanded any rollback, Congress on Saturday left it to the government to decide on the issue of petrol price hike saying it did not want to enter their jurisdiction.

"There is

Defending the government on the recent petrol price hike, Finance Minister Pranab Mukherjee Saturday said the decision on the increase was taken by oil firms, as the fuel was a de-regulated item.

"Th

Oil companies surged by almost 3 per cent in early trade on the BSE after petrol prices were hiked by Rs 1.82 per litre from Friday.

The country's largest fuel retailer, Indian Oil Corporation, opene

Finance Minister Pranab Mukherjee on Friday said the recent hike in petrol prices will have some impact on inflation which is currently hovering close to the double-digit mark.

"Of course it will

In a virtual rebellion against the UPA government, its largest ally Trinamool Congress on Friday threatened to pull out over the petrol price hike, as it sought an appointment with Prime Minister M

On the defensive after allowing oil marketers to hike petrol price from Friday, the government said state-run fuel retailers were left with no choice given the increasing prices of crude globally and