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ATF price hiked by 8.2%; non-subsidised LPG to cost Rs 5 more

Last Updated: Sunday, March 1, 2015, 16:28

Jet fuel price was Sunday hiked by a steep 8.2 percent while the rates of non-subsidised LPG was increased by Rs 5 per cylinder on firming international oil rates.

Petrol price cut by Rs 2.42 a litre; diesel by 2.25 per litre

Last Updated: Tuesday, February 3, 2015, 19:55

Petrol in Delhi will cost Rs 56.49 a litre from midnight tonight as compared to Rs 58.91 now. Similarly, diesel will cost Rs 46.01 per litre as against Rs 48.26 at present.

Petrol price cut by Rs 2.42; diesel by Rs 2.25 per litre

Last Updated: Tuesday, February 3, 2015, 17:19

Petrol price was cut by Rs 2.42 while that of diesel was cut by 2.25 per litre, oil marketing companies said on Tuesday.

SpiceJet, Jet Airways jump on aviation fuel price cut

Last Updated: Monday, February 2, 2015, 14:29

Shares of Spicejet and Jet Airways rose by up to 7 percent today after jet fuel (ATF) price was cut by a steep 11.3 percent.

IMF applauds India for cutting fuel subsidy

Last Updated: Sunday, January 18, 2015, 14:48

The International Monetary Fund (IMF) had lauded India's efforts to cut fuel subsidies, saying the fall in global crude oil prices provides a golden opportunity to reduce energy subsidies.

Reliance Industries reopens fuel stations

Last Updated: Sunday, January 18, 2015, 14:45

Buoyed by diesel price decontrol, Reliance Industries has reopened about one-fifth of its 1,400 fuel stations, which were shut down when state firms were selling heavily subsidised fuel.

Cut in jet fuel price, much-needed: SpiceJet

Last Updated: Thursday, January 1, 2015, 17:50

Beleaguered carrier SpiceJet on Thursday said the 12.5 percent cut in jet fuel prices is much-needed relief and will help the companies in reducing their overall cost of operations.

Jet fuel price cut by 12.5%; non-subsidised LPG by Rs 43.50

Last Updated: Thursday, January 1, 2015, 13:00

Price of non-subsidised cooking gas (LPG) was Thursday cut by Rs 43.50 per cylinder and that of jet fuel (ATF) by 12.5 percent as international oil rates slumped to multi-year lows

Will pass on benefit of dip in world oil prices to consumer: Jaitley

Last Updated: Friday, December 19, 2014, 23:36

Union Finance Minister Arun Jaitley on Friday asserted that the government will pass on the benefit of dip in international oil prices to the consumer, while he defended imposition of excise duty saying that funds for social spending also has to be raised.

Hike in fuel excise duty aimed to meet budget deficit: Pradhan

Last Updated: Wednesday, December 3, 2014, 12:56

The government had yesterday raised excise duty on petrol by Rs 2.25 per litre and by Re 1 a litre on diesel but retail pump rates will not be increased as oil firms decided to absorb the duty change for the time being.

Excise duty on petrol, diesel raised; no impact on prices

Last Updated: Tuesday, December 2, 2014, 15:33

Government on Tuesday raised excise duty on petrol and diesel by Rs 2.25 and Rs 1 a litre respectively, but consumers will be spared of price hike.

Excise tax on petrol hiked by Rs 2.25, disel by Rs 1 per litre

Last Updated: Tuesday, December 2, 2014, 14:03

Government hiked excise duty on petrol by Rs 2.25 a litre, and on diesel by Rs 1 a litre effective tonight.