Last Updated: Thursday, August 9, 2012, 20:59
With losses widening to Rs 3.56 per litre, public sector oil firms Thursday sought an immediate hike in petrol price but were unsure if the government will allow them to do so.
Last Updated: Wednesday, August 1, 2012, 14:44
With firming of oil prices in the international market, jet fuel or ATF rates were Wednesday hiked by a steep 4.5 percent, the second increase in a month.
Last Updated: Wednesday, July 18, 2012, 15:55
The government is close to taking a decision on capping the number of subsidised LPG cylinders to econonomically not weaker sections to bring down the subsidies by up to Rs 10,000 crore annually.
Last Updated: Monday, July 16, 2012, 16:08
Snapping a three-month trend of price cuts, state-owned oil firms Monday hiked jet fuel rates by 1.7 percent in line with firming international oil rates.
Last Updated: Sunday, June 17, 2012, 23:26
Petrol will cost Rs 70.24 per litre from current Rs 71.16 per litre and diesel will cost Rs 41.28 per litre as against the current rate of Rs 40.91.
Last Updated: Friday, June 15, 2012, 19:19
Belying expectations, petrol prices will not be cut on Friday despite there being a scope for reducing the rates by up to Rs 1.60 a litre.
Last Updated: Saturday, June 9, 2012, 15:07
The oil companies had May 24 hiked petrol prices by Rs.7.54 a litre, the steepest hike in many months. Later, the rate was cut by Rs.2.02 a litre.
Last Updated: Friday, June 1, 2012, 20:52
Petrol prices may be cut by about Rs 1.75 a litre early next week as oil companies skipped the regular date for revision in rates.
Last Updated: Friday, June 1, 2012, 12:26
Aviation stocks soared by up to 8.5 percent on Friday as state-owned oil companies cut jet fuel prices by 2 percent.
Last Updated: Thursday, May 31, 2012, 17:45
Oil marketing companies (OMCs) may slash the prices of petrol between Rs 1.50-1.60 per litre, as per sources.
Last Updated: Thursday, May 24, 2012, 22:52
The opposition parties in Jammu and Kashmir today came out strongly against the "unprecedented" increase in petrol prices and demanded an immediate roll-back of the hike.
Last Updated: Thursday, May 24, 2012, 16:57
The Congress on Thursday tried to distance itself on the issue of petrol price hike on Thursday saying that the decision was taken solely by oil companies.
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