Last Updated: Friday, January 9, 2015, 14:10
Government is likely to exempt ONGC and Oil India Ltd from payment of fuel subsidy during the rest of the fiscal due to steep decline in global oil rates.
Last Updated: Thursday, January 1, 2015, 20:30
The oil firms had yesterday skipped cutting rates of the two fuels that had become necessary as international oil rates plunged to their lowest level since May 2009.
Last Updated: Thursday, January 1, 2015, 19:54
The government on Thursday hiked the excise duty on petrol and diesel by Rs 2 per litre.
Last Updated: Saturday, January 11, 2014, 19:50
Reliance Industries welcomed notification of new gas pricing formula that will almost double the fuel prices from April 1.
Last Updated: Wednesday, December 18, 2013, 20:13
Tamil Nadu Petroleum Dealers Association, a member of the CIPDA, Wednesday said 40,000 petrol pump owners would be on strike country-wide on December 24 if their demands were not met.
Last Updated: Thursday, September 5, 2013, 19:39
A decision on raising diesel prices by Rs 3-5 per litre, kerosene by Rs 2 and LPG by up to Rs 50 per cylinder will be taken after UPA Chairperson Sonia Gandhi returns from US, top government officials said Thursday.
Last Updated: Wednesday, September 4, 2013, 20:07
Reeling under high interest rates, fuel costs and low consumer sentiments due to overall economic slowdown, car sales in India have declined for a record 9th consecutive month in July.
Last Updated: Friday, August 16, 2013, 18:19
London-listed Essar Energy Plc today said margins at its Stanlow refinery in the UK fell by more than a third due to weak diesel and jet prices.
Last Updated: Tuesday, July 30, 2013, 14:21
While the outlook for global non-oil commodity prices remains benign, international crude oil prices are firming up.
Last Updated: Monday, July 1, 2013, 18:38
Meanwhile, petrol price was hiked on last Friday by a steep Rs 1.82 a litre, the third increase in rates in June.
Last Updated: Saturday, June 29, 2013, 22:00
Petrol price was hiked by a steep Rs 1.82 a litre from Friday, the third increase in rates this month.
Last Updated: Monday, June 17, 2013, 14:06
Fuel prices have long been a flashpoint issue in Indonesia, with economists arguing that huge government subsidies are damaging Southeast Asia`s top economy.
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