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Loss on diesel sales mounts to Rs 19.26 a ltr

Last Updated: Monday, September 3, 2012, 17:10

Diesel as well as domestic cooking gas (LPG) and kerosene prices have not been raised since June last year even though cost of production has jumped nearly 28 percent.

Three PSU promoters may not buy ADB's stake in Petronet

Last Updated: Sunday, August 12, 2012, 14:02

Under orders from the Oil Ministry, three state-owned firms IOC, ONGC and BPCL have done a U-turn on buying Asian Development Bank's stake in Petronet LNG by deciding not to press for the acquisition.