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Oil cos may see 30% cut in FY14 revenue loss on falling crude

Last Updated: Thursday, April 04, 2013, 20:10

State-owned oil firms are likely to see revenue loss on sale of diesel and cooking fuel cut by over 30 percent to Rs 112,000 crore during the current fiscal on falling international oil rates.

Partial diesel decontrol to have small impact on inflation

Last Updated: Friday, February 22, 2013, 14:41

The government on Friday said the impact of partial deregulation of diesel prices on inflation and common man would remain "small and muted".

'Oil price hike will be decided by oil companies'

Last Updated: Thursday, February 14, 2013, 14:13

The Centre on Thursday said oil price hike issue will be taken by oil companies and not by the concerned ministry.

Diesel prices to be hiked 40-50 paise every month: Moily

Last Updated: Friday, February 01, 2013, 13:16

Diesel prices will be hiked by 40-50 paise per litre every month till losses on the nation's most used fuel are completly wiped out, Oil Minister M Veerappa Moily said on Friday.

No decontrol of diesel; petroleum prices need a relook: Reddy

Last Updated: Friday, March 23, 2012, 13:37

Oil Minister S Jaipal Reddy on Friday underlined the need for having a relook at petroleum product prices, but said the government is not contemplating decontrol of diesel rates just yet.