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Petrol price cut by 70 paise a litre

Last Updated: Tuesday, April 15, 2014, 18:44

The price of petrol, which was last cut by 75 paise on March 31, will cost Rs 71.56 a litre in Delhi.

Petrol price to be cut by over Re 1

Last Updated: Wednesday, March 26, 2014, 17:15

Petrol prices are likely to be cut by over one rupee a litre early next week as appreciation in value of rupee against US dollar and fall in global oil rates has made imports cheaper.

Loss on diesel sales rises marginally to Rs 8.37 a litre

Last Updated: Monday, March 03, 2014, 19:45

The price of diesel had been increased by 50 paise a litre, excluding local sales tax or VAT, from March 1.

Govt may do a rethink on monthly hike in diesel rates: Nomura

Last Updated: Thursday, December 19, 2013, 18:13

State-owned fuel retailers currently lose about Rs 434 crore daily on the sale of diesel, PDS kerosene and domestic LPG at government controlled rates.

Losses on diesel sales at record Rs 14.50 a litre

Last Updated: Monday, September 16, 2013, 19:34

Indian Oil Corp (IOC), Hindustan Petroleum Corp (HPCL) and Bharat Petroleum Corp (BPCL) are losing Rs 486 crore per day as they are made to sell diesel, domestic LPG and kerosene way below cost to keep inflation under check.

Oil cos demand one-time hike in diesel price

Last Updated: Monday, August 26, 2013, 18:37

With 12 percent drop in rupee value against the US dollar making imports costlier, state- owned oil firms have demanded a one-time steep increase in diesel rates to make for the widening losses.

SAD slams Centre on diesel, LPG decision

Last Updated: Thursday, January 17, 2013, 17:54

Shiromani Akali Dal on Thursday accused the UPA government at the Centre of giving a "free hand" to oil companies to increase diesel rates.

Diesel consumption goes up in Delhi

Last Updated: Sunday, December 09, 2012, 09:56

Consumption of diesel in Delhi has surged by 15 percent while that of petrol went down by nearly 1.5 percent in 2011-12 compared to the year before, reflecting a growing preference for diesel cars in the city.