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'Fuel Price Hike' - 432 News Result(s)

  • Fuel Price Rise Tests Indonesian President's Poverty Pledge

    Fuel Price Rise Tests Indonesian President's Poverty Pledge

    Widodo's promise to close a fast-growing wealth gap is looking tougher after his decision last week to hike subsidized fuel prices, which observers warn will hit the poor hard as food prices rocket due to higher transportation costs.

  • Fuel Subsidy to Reduce to Rs 75,000 Crore This Year: Oil Minister

    Fuel Subsidy to Reduce to Rs 75,000 Crore This Year: Oil Minister

    Oil Minister Dharmendra Pradhan said in an interview to NDTV that the move to deregulate diesel prices is a "well thought decision" and the markets are appreciating it. He also said that as the world is seeing some stability in oil prices, it is the ...

  • Petrol Likely to Get Cheaper From Midnight

    Petrol Likely to Get Cheaper From Midnight

    The last revision in fuel prices were undertaken on June 30 when petrol prices were hiked by Rs 1.69 per litre and diesel by 50 paise per litre, effective from midnight.

  • BPCL, ONGC Fall Amid Uncertainty Over Fuel Price Hike

    BPCL, ONGC Fall Amid Uncertainty Over Fuel Price Hike

    Upstream oil and gas producers like ONGC and Oil India pay part of their profits to the government to finance subsidies to oil marketing companies, which sell Kerosene and LPG to the public at below market prices. Raising of LPG and kerosene prices w...

  • Diesel Price May be Deregulated Over Next 12 Months: Moody's

    Diesel Price May be Deregulated Over Next 12 Months: Moody's

    Diesel prices are likely to be completely deregulated over the next 12 months as monthly increases in the price bridge the gap between cost and retail price, rating agency Moody's said on Wednesday.

  • BJP Allies in Tamil Nadu Urge Centre to Roll Back Fuel Price Hike

    BJP Allies in Tamil Nadu Urge Centre to Roll Back Fuel Price Hike

    Two BJP allies in Tamil Nadu today urged the NDA government to rollback the hike in fuel prices, saying it would impact the common man already reeling under the "burden" of rail fare hike, among others.

  • Non-subsidised LPG Prices Hiked By Rs 16.50/Cylinder

    Non-subsidised LPG Prices Hiked By Rs 16.50/Cylinder

    Price of non-subsidised cooking gas (LPG) was today hiked by Rs 16.50 per cylinder and that of jet fuel by over half-a-per cent after international oil prices surged due to the ongoing Iraq crisis.

  • Jayalalithaa Opposes Fuel Price Hike

    Jayalalithaa Opposes Fuel Price Hike

    Tamil Nadu Chief Minister J Jayalalithaa on Monday opposed the latest revision in fuel prices, saying it has come as a 'disappointment' to people who voted for BJP expecting a change from the 'wrong' economic policies of the previous Congress-led UPA...

  • Fare Hike Inclusive of Fuel Adjustment Component: Railways

    Fare Hike Inclusive of Fuel Adjustment Component: Railways

    Faced with criticism of effecting a steep hike, the Railways clarified late in the evening on Friday that the increase was only 10 per cent in passenger fare and 5 per cent in freight charges.

  • Petrol, Diesel Prices May be Hiked to Upgrade Fuel Standards

    Petrol, Diesel Prices May be Hiked to Upgrade Fuel Standards

    The panel, headed by former Planning Commission member Chaudhuri, suggested that fuels should meet Euro-IV emission norms all over the country by 2017 and Euro-V standards by 2020.

  • Dharmendra Pradhan Assumes Charge of Ministry of Petroleum and Natural Gas

    Dharmendra Pradhan Assumes Charge of Ministry of Petroleum and Natural Gas

    Hinting at pro-poor approach in dealing with fuel and gas price hike, new Oil Minister Dharmendra Pradhan today said energy self-reliance is a pre- requisite for the country to become an economic superpower.

  • Diesel Prices Should Be Hiked Before May 16: Kirit Parikh

    Diesel Prices Should Be Hiked Before May 16: Kirit Parikh

    Based on recommendations of a Dr Parikh-led committee, the government in January 2013 had decided to hike diesel prices by 40-50 paise per month till the entire losses on sale of the fuel are wiped out, and prices made market determined.

  • Petrol price cut by 75 paise a litre; diesel unchanged

    Petrol price cut by 75 paise a litre; diesel unchanged

    The price of petrol was on Monday cut by 75 paise per litre - the first reduction in five months - while the already unpopular monthly hike in diesel rates was put off during the election season.

  • Gas price hike: Stocks likely to benefit

    Gas price hike: Stocks likely to benefit

    The government on Friday notified a new natural gas pricing formula that will be almost double the rate of all domestically produced fuel to $8.2-8.4 a unit starting April 1

  • Bulk diesel price hike may be partially rolled back

    Bulk diesel price hike may be partially rolled back

    India has asked bulk buyers to pay market rates for diesel since last January and has also been raising the price of subsidised diesel in small amounts every month in an effort to cut its ballooning fuel subsidies.

  • Petrol price hiked by 75 paise a litre, diesel by 50 paise

    Petrol price hiked by 75 paise a litre, diesel by 50 paise

    Petrol price was on Friday hiked by 75 paise and diesel by 50 paise a litre as rise in global oil rates and fall in rupee value increased the cost of production.

  • Airfare may go up as jet fuel prices hiked by over 2.7 per cent

    Airfare may go up as jet fuel prices hiked by over 2.7 per cent

    The price of aviation turbine fuel (ATF) or jet fuel was on Wednesday hiked by over 2.7 per cent - the second increase in rates in one month.

  • CNG rate hike due to court orders: Indraprastha Gas

    CNG rate hike due to court orders: Indraprastha Gas

    A day after hiking CNG price by a steep Rs 4.50 per kg, Indraprastha Gas Ltd said on Friday the increase was forced by court orders that led to a cut in allocation of cheaper domestic natural gas.

  • Petrol gets costlier by 41 paise a litre, diesel by 10 paise

    Petrol gets costlier by 41 paise a litre, diesel by 10 paise

    Petrol price was on Friday hiked by 41 paise a litre without taxes following the government decision to raise commission paid to petrol pump dealers and firming global oil rates. Diesel rates were also increased by 10 paise per litre.

  • Diesel prices may be hiked by Rs 4-5/ litre soon: report

    Diesel prices may be hiked by Rs 4-5/ litre soon: report

    The expert group, which was asked to suggest a methodology for pricing of diesel and cooking fuel, will submit its report on Wednesday.

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