Last Updated: Thursday, January 17, 2013, 16:41
The oil companies have been permitted to raise diesel prices by a small quantum periodically till such time that they are able to cover Rs 9.60 per litre loss they incur on the fuel.
Last Updated: Thursday, January 17, 2013, 15:00
In bold reforms, the government Thursday moved towards deregulating diesel when it raised prices by 50 paisa per litre and planned similar monthly hikes in future to cut record subsidies.
Last Updated: Thursday, January 17, 2013, 08:55
Kerosene rates have not changed since June 2011 and it currently costs Rs 14.79 per litre in Delhi.
Last Updated: Wednesday, January 16, 2013, 12:48
The panel had recommended an immediate hike in price of diesel by Rs 4 per litre, of kerosene by Rs 2 a litre and of LPG by Rs 50 per cylinder.
Last Updated: Friday, January 11, 2013, 15:59
The government will take a decision on raising diesel and cooking fuel prices along with increasing number of subsidised LPG cylinders for households "as quickly as possible," Oil Minister M Veerappa Moily said on Friday.
Last Updated: Thursday, January 10, 2013, 11:59
Oil stocks on Thursday rose by as much as 4 percent following the Oil Ministry's proposal to hike diesel rates by Rs 3-4.50 per litre.
Last Updated: Wednesday, January 9, 2013, 19:15
The Oil Ministry has proposed a Rs 3-4.50 per litre hike in diesel price and Rs 100 in LPG rates along with raising the number of subsidised cooking gas cylinders for households to nine a year from the current cap of six.
Last Updated: Tuesday, January 8, 2013, 09:32
The government may consider hiking diesel prices by Rs 2 to 3 per litre and LPG by Rs 50 to Rs 75.
Last Updated: Friday, January 4, 2013, 17:42
Diesel, kerosene and cooking gas LPG prices may be hiked soon as the government considers Vijay Kelkar Committee recommendations on cutting fiscal deficit.
Last Updated: Saturday, December 1, 2012, 20:34
Termed as "fire chain" protest, party leaders and workers, a majority of them women, set up brick hearths along the highways in the evening and cooked food on pots fired by logs and twigs.
Last Updated: Friday, November 2, 2012, 10:17
Facing stiff opposition, the government on Thursday put on hold the Rs 26.5 increase in price of cooking gas cylinders that consumers buy beyond their quota of six subsidised bottles.
Last Updated: Thursday, November 1, 2012, 22:49
Criticising the hike in price of non-subsidised cooking gas, Bihar CM Nitish Kumar on Thursday said the decision will hit hard the common man.
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