Last Updated: Wednesday, May 1, 2013, 19:10
Aviation Turbine Fuel, or ATF, price at Delhi was cut by Rs 3,545.94 per kilolitre (kl), or 5.35 percent, to Rs 62,649.95 per kl, according to Indian Oil Corp, the nation's largest fuel retailer.
Last Updated: Sunday, April 28, 2013, 18:14
R V Shahi, former Power Secretary and a power sector expert, said the compensatory tariff is a variable tariff and it should be revised both ways.
Last Updated: Thursday, February 21, 2013, 18:00
It is not fuel shortage, but the unwillingness to align energy prices with market rates that poses a threat to country's economy, Planning Commission Deputy Chairman Montek Singh Ahluwalia said Thursday.
Last Updated: Monday, February 18, 2013, 14:01
"No, No," was he refrain when asked if the government will consider rolling back last week's increase. "Our country imports 73-75 percent of oil. We need to pay Rs 7 lakh crore for the imports. Where do we find that kind of money," he said.
Last Updated: Friday, February 8, 2013, 12:25
Describing India as a highly price sensitive market, a senior Planning Commission official today said that energy prices need to be gradually aligned with the international market and that cannot be done over night.
Last Updated: Tuesday, December 11, 2012, 18:25
Of the total outstanding of Rs 4,064.77 crore, a sum of Rs 2,571.73 crore is overdue payment, the Rajya Sabha was informed today. Unlike private airlines, Air India has not provided any security to cover for its outstanding.
Last Updated: Friday, November 16, 2012, 10:32
Gasoline prices will be reduced by 310 yuan (about USD 49) per tonne, while diesel by 300 yuan per tonne, the country's top economic planner said Thursday.
Last Updated: Sunday, October 28, 2012, 15:40
Amid acute coal shortages hurting power generation, sectoral regulator CERC has said that fuel risk should not be "entirely" passed on to consumers.
Last Updated: Monday, October 15, 2012, 19:25
Jet fuel prices were today cut by 3 percent on back of rising rupee, the second reduction in rates this month that will ease burden on cash-strapped airlines.
Last Updated: Wednesday, October 3, 2012, 11:39
Delighted by the reduction in fuel prices, a Pakistani daily said Wednesday that "the benefits of an international downturn in fuel rates have been passed on to Pakistani consumers".
Last Updated: Monday, October 1, 2012, 09:19
The maximum reduction was in petrol (by six rupees (USD 0.0632) per litre), followed by CNG (five rupees per kg), kerosene (40 paisa) and diesel (14 paisa), Geo TV reported.
Last Updated: Wednesday, September 5, 2012, 16:00
The Oil Ministry has moved a Cabinet note seeking immediate hike in diesel, cooking gas and kerosene prices and limiting supply of subsidised LPG cylinders to 4-6 per household in a year.
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