Monday January 13, 2014
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
Thursday January 9, 2014
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.
Friday January 3, 2014
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.
Wednesday January 1, 2014
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.
Friday December 27, 2013
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.
Saturday December 21, 2013
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.
Monday October 28, 2013
The expert group, which was asked to suggest a methodology for pricing of diesel and cooking fuel, will submit its report on Wednesday.
South | Press Trust of India | Tuesday October 1, 2013
Decrying the hike in diesel prices as "unjustified" action, Tamil Nadu Chief Minister J Jayalalithaa today demanded its roll back and withdrawal of powers granted to oil companies to regulate fuel prices.
Tuesday September 24, 2013
Mr Moily, who has said he wants to find savings of up to $25 billion on oil bills, outlined measures including public awareness campaigns which he said could help the world's fourth-biggest energy consumer reduce fuel costs.
South | Press Trust of India | Friday September 13, 2013
Tamil Nadu Chief Minister J Jayalalithaa today slammed the revision of petrol price by Rs 1.63 and said this would further burden the people suffering from the recent hike of the fuel price.
Friday September 13, 2013
The revised prices will come into effect from midnight.
Thursday September 12, 2013
India, the world's fourth-biggest oil consumer, is considering a Rs 3-5 rupee hike in the price of diesel, which accounts for more than 40 per cent of fuel use, government officials said last week, as the country looks to cut import costs by nearly $...
Friday September 6, 2013
Oil and gas stocks today rose by up to 7.1 per cent amid hopes that a decision on raising fuel prices will be taken after UPA Chairperson Sonia Gandhi returns from the US.
South | Press Trust of India | Wednesday September 4, 2013
The dawn-to-dusk strike called by motor workers' unions in Kerala today demanding roll back of the recent hike in fuel prices evoked partial response across the state.
India | Press Trust of India | Tuesday September 3, 2013
Air fares are likely to increase by 10 to 15 per cent following a steep hike in jet fuel prices, according to the travel industry.
India | Edited by Nadim Asrar | Monday September 2, 2013
On Sunday evening, the minister had said that the early closing of petrol pumps is among an omnibus of austerity measures being studied as the government grapples with a jarring fall in the value of the rupee.
South | Indo-Asian News Service | Monday September 2, 2013
Kerala's Motor vehicle workers will go on protest against the latest fuel price hike by staying off the roads in Kerala on Wednesday.
Cities | Tanima Biswas | Sunday September 1, 2013
The workers of Delhi unit of the Bharatiya Janata Party (BJP) on Sunday took out a motorbike rally against the fuel price hike announced by the government yesterday.
India | Sandeep Phukan | Sunday September 1, 2013
The government is considering various proposals including shutting down petrol pumps at 8 pm in select cities to check fuel demand as it looks at ways to cut the massive oil import bill, Oil Minister M Veerappa Moily said today.
Sunday September 1, 2013
Diesel prices may see a one-time hike of Rs. 3-5 per litre, kerosene of Rs. 2 and LPG of Rs. 50 per cylinder as Oil Minister M Veerappa Moily urged Prime Minister Manmohan Singh to take steps to tackle a record Rs 180,000 crore of losses arising from...