After a steep hike in petrol prices, the stage appears set for interest to go up on automobile, housing and corporate loans with the Reserve Bank of India (RBI) widely expected to hike key rates at no

The government has ruined the festive spirit of people getting ready to welcome Dussehra and Diwali by increasing petrol prices once again, former Petroleum Minster Ram Naik said here today.

"In

With jet fuel prices hiked by 2.5 per cent, Jet Airways today increased fuel surcharge on its tickets by Rs 200 with effect from tomorrow, raising airfares. Other airlines like Kingfisher and Air Indi

Oil companies have decided to hike petrol prices by around Rs 3 per litre, effective midnight tonight. According to reports, the decision to raise the price of petrol is because of rupee versus US dollar equation touching a two-year low, resulting in rising costs of importing crude.

State-owned oil firms may have to raise petrol prices by as much as Rs 3 per litre as the rupee touched two-year low against the US dollar, increasing the cost of importing crude oil.

"Oil retailers

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

The government today hiked petrol and diesel prices by a marginal Rs 0.27 a litre and Rs 0.15 per litre respectively following increase in the commission paid to petrol pump dealers.

The government a

Indians will have to pay more for fuel from Saturday after the government announced a hike in the price of some petroleum products, increasing inflationary pressures in the fast-growing economy.

Petr

The government may hike diesel and domestic LPG rates next week while an increase in petrol prices may happen later this week.

"The Empowered Group of Ministers (EGoM) headed by Finance Minister Pra

New Delhi: Describing tax regime on petroleum products as 'anti-people', the CPI-M today said the government will rake in a huge revenue of Rs 1,35,000 crore from these levies in the fiscal beginni