Last Updated: Monday, August 31, 2015, 12:48
The oil marketing companies had revised the prices on August 15. Petrol was made cheaper by Rs 1.27 and diesel by Rs 1.17 per litre in the NCR.
Last Updated: Wednesday, July 15, 2015, 21:07
Earlier in June, state-run Indian Oil had cut the fuel price by Rs.1.35 per litre, while increasing that of petrol by 64 paise a litre, in line with the trend in global oil rates.
Last Updated: Tuesday, June 30, 2015, 20:55
The cut in petrol prices comes on back of three successive increases since May, while this is the second reduction in diesel rates this month.
Last Updated: Tuesday, June 30, 2015, 20:18
Petrol price on Tuesday was cut by 31 paise a litre, and diesel price by 71 paise a litre, effective midnight tonight.
Last Updated: Wednesday, May 13, 2015, 17:10
Diesel at Rs 49.57 per litre in Delhi is however cheaper than all neighbouring nations except Sri Lanka, where it costs Rs 44.29 for a litre, he said in a written reply to a question in Rajya Sabha.
Last Updated: Friday, March 20, 2015, 18:03
The government on Friday said that petrol and diesel prices in India are much lower than rates in most of the developed countries, except the United states.
Last Updated: Saturday, February 28, 2015, 18:44
Oil marketing companies have decided to increase petrol pries by Rs 3.18 per litre and diesel by Rs 3.09 with effect from midnight Saturday.
Last Updated: Thursday, February 26, 2015, 21:50
Finance Minister Arun Jaitley Thursday defended petrol and diesel pricing policy of state-run firms, saying they had suffered an inventory loss of Rs 30,000 crore this fiscal on falling international oil rates.
Last Updated: Thursday, February 26, 2015, 21:48
Railway Minister Suresh Prabhu Thursday said decline in prices of diesel, a major source of fuel for railways, is one of the reasons behind the government's decision not to hike passenger fares.
Last Updated: Saturday, January 31, 2015, 23:18
Union Railway Minister Suresh Prabhu on Saturday said that although diesel prices have come down, reduction in passenger fares is unlikely to happen.
Last Updated: Wednesday, January 14, 2015, 13:16
On the back of international oil prices hitting a 6-year low, oil companies are likely to cut the prices of petrol and diesel by Rs 2 each from Thursday, the first cut of the year.
Last Updated: Tuesday, December 30, 2014, 18:12
Indian Oil Corp (IOC) and other state-run fuel retailers have piled up inventory loss of over Rs 10,000 crore which together with depreciating rupee has severely strained their finances ahead of a revision in petrol and diesel prices.
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