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Petrol price hiked by 75 paise; diesel by 50 paise

Last Updated: Friday, January 3, 2014, 18:25

Petrol in Delhi currently costs Rs 71.51 per litre and after the increase it will be priced at Rs 72.43 per litre, including VAT.

Diesel prices to be fully deregulated in two months: Moily

Last Updated: Saturday, December 21, 2013, 00:17

"We still hope that in the days to come and within a couple of months, we are going to deregulate diesel prices completely," Moily said.

Petrol price hiked by 41 paise, diesel by 10 paise

Last Updated: Friday, December 20, 2013, 23:07

Simultaneously, diesel rates were increased by 10 paise per litre due to a hike in dealers commission.

Petrol price hiked by 41 paise per litre; diesel by 10 paise

Last Updated: Friday, December 20, 2013, 19:08

The government has "decided to revise the dealer's commission on diesel from Rs 1,089 per kilolitre (or 1.089 per litre) to Rs 1,186 per kl for the entire country with immediate effect," according to an official statement.

Losses on diesel climb to Rs 10.48 a litre

Last Updated: Monday, December 16, 2013, 19:30

This followed marginal increase in gas oil rates in the international markets and rupee value falling from Rs 61.78 to a US dollar to Rs 62.13.

Diesel price hiked by 50 paise; petrol rates unchanged

Last Updated: Saturday, November 30, 2013, 18:47

The price increase, the 11th since January, excludes local sales tax or VAT and will be effective from midnight tonight, oil companies announced.

Diesel price hiked by 50 paise/litre; to cost Rs 53.67 in Delhi

Last Updated: Saturday, November 30, 2013, 18:22

Earlier in November, diesel price in Delhi was hiked by 56 paise to Rs 53.10 per litre.

CCI to pass order on issue of its jurisdiction on oil pricing

Last Updated: Monday, November 18, 2013, 13:19

Competition Commission of India will this month pass an order on the issue of its authority to probe alleged cartelisation on fixing of petrol prices, as questioned by oil marketing firms.

No petrol price revision this fortnight

Last Updated: Tuesday, October 15, 2013, 18:38

Petrol prices will remain unchanged this fortnight as oil companies on Tuesday decided to monitor movements in international oil rates and the value of the rupee before taking a decision.

Oil firms challenge CCI jurisdiction in petrol pricing probe

Last Updated: Sunday, September 22, 2013, 13:08

The Competition Commission of India (CCI) is probing suspected unfair practices by state-run oil marketing companies in setting petrol prices, which has been deregulated by the government.

No hasty decision on hiking petrol, diesel prices: Chidambaram

Last Updated: Saturday, September 7, 2013, 19:46

Brent crude oil prices have risen to about USD 116 a barrel from about USD 103 a barrel on July 1.

CPI(M) protests over fuel price hike

Last Updated: Thursday, September 5, 2013, 13:38

Around 300 CPI(M) workers, including a party MLA, were arrested for staging a rail-blockade protesting the recent hike in fuel prices.