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No diesel price hike soon: Jaipal Reddy

Last Updated: Monday, October 15, 2012, 20:48

The government Monday said it is not in favour of hiking diesel price in the immediate future even as the current retail rate is nearly Rs 12 per litre lower than its actual cost.

No further hike in diesel, cooking fuel prices: Govt

Last Updated: Tuesday, October 09, 2012, 19:32

The government Tuesday ruled out any further increase in diesel and cooking fuel prices even though the current retail rates are lower than their cost of production.

BJP should listen to Shourie`s `good advice`: Kapil Sibal

Last Updated: Monday, September 24, 2012, 19:50

Union Minister Kapil Sibal welcomed BJP leader Arun Shourie`s remarks backing the hike in diesel prices.

Oil PSUs to lose Rs 178,491 crore despite diesel price hike

Last Updated: Thursday, September 20, 2012, 19:14

A steep Rs 5.63 per litre hike in diesel prices notwithstanding, state-owned fuel retailers are likely to end the fiscal with a staggering Rs 178,491 crore of revenue loss on selling diesel and cooking fuels below cost.

Moody's cautions govt against roll back of diesel price hike

Last Updated: Thursday, September 20, 2012, 18:32

Cautioning the government against roll back of diesel price hike, credit rating agency Moody's Thursday said that any such step would limit its subsidy reduction plan.

Bandh evokes mixed response in Tamil Nadu

Last Updated: Thursday, September 20, 2012, 11:09

No untoward incident was reported so far from across the state and the protest was so far peaceful, police said.

Diesel price hike to impact Coal India by Rs 600 cr a year: Rao

Last Updated: Tuesday, September 18, 2012, 18:46

The hike in diesel prices will put an additional burden of Rs 600 crore per annum on Coal India Ltd in the production of coal, a top company official said on Tuesday.

Govt conspiring with petrol `mafia`: BJP on diesel price hike

Last Updated: Thursday, September 13, 2012, 22:56

BJP described the hike in diesel prices as a cruel joke and "mortal blow" on the common man and farmers.

Diesel price hiked by Rs 5/litre, cap on LPG cylinder supply

Last Updated: Thursday, September 13, 2012, 20:20

Biting the bullet, the government Thursday night raised the diesel price by a steep Rs 5 per litre and capped the number of subsidised cooking gas cylinder to six per household a year.

Hike diesel price or face situation like grid collapse: Montek

Last Updated: Friday, August 03, 2012, 18:25

State-owned oil firms sell the fuel at a loss of about Rs 13.65 a litre while they lose Rs 231 on sale of every 14.2-kg LPG cylinder for domestic consumption. Besides, they are losing Rs 29.97 per litre on kerosene.