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Petrol price cheaper by 70p/litre; to cost Rs 71.41 in Delhi

Last Updated: Tuesday, April 15, 2014, 19:23

The price of petrol in Delhi will be lowered by 85 paise to Rs 71.41 a litre. This follows a 75 paise a litre reduction on April 1, which translated into a cut of 90 paise in Delhi to Rs 72.26.

Dozens arrested as Nepalese protest fuel price rise

Last Updated: Wednesday, March 19, 2014, 12:31

9. Nepalese students protesting at fuel price rises set a parked bus on fire and vandalised other vehicles Wednesday during a strike in the capital Kathmandu, leading police to make more than 60 arrests.

Govt orders CNG retailers to provide cost-break up

Last Updated: Wednesday, February 19, 2014, 16:11

In a significant development, Oil Minister M Veerappa Moily has ordered CNG retailers to provide break-up of fuel price to consumers to ensure that they passed on the benefit of cheaper domestic gas to users.

India to rely on 2014-15 budget for oil subsidies: Fitch

Last Updated: Monday, November 18, 2013, 13:05

Fitch Ratings on Monday said the Indian government will have to depend on its FY 2014-15 budget to fund part of the current financial year’s oil subsidies bill.

Petrol price cut by Rs 3.05 per litre; diesel hiked by 50 paise

Last Updated: Monday, September 30, 2013, 19:38

The petrol price in Delhi will be cut by Rs 3.66 to Rs 72.40 per litre, while it will cost Rs 79.49 per litre in Mumbai as against Rs 83.63 currently.

Govt mulls withdrawing diesel market price for state transport

Last Updated: Tuesday, September 24, 2013, 20:34

Ahead of assembly polls in states like Rajasthan and Delhi, Oil Minister M Veerappa Moily Tuesday said his ministry is mulling withdrawing the order that made it mandatory for state public transport utilities to buy diesel at market price.

No hike in diesel price now, says govt; seeks $5 bn fuel savings

Last Updated: Tuesday, September 24, 2013, 18:53

Oil minister M Veerappa Moily shied away from introducing comprehensive energy subsidy cuts on Tuesday, instead calling on his countrymen to embrace car pooling, buses and cycling as well as staggered working hours in a bid to curb fuel consumption.

Diesel, LPG hike decision in a few weeks: Oil Secy

Last Updated: Thursday, September 12, 2013, 14:26

India, the world's fourth-biggest oil consumer, is considering a 3 rupee to 5 rupee hike in the price of diesel.

India eyes diesel price rise, fuel consumption curbs

Last Updated: Friday, September 06, 2013, 11:50

The world's fourth-biggest energy user is widely expected to announce a steep hike in diesel prices soon, as it looks to cut oil costs by nearly USD 20 billion.

'Call on hiking fuel price after Sonia Gandhi returns from US'

Last Updated: Thursday, September 05, 2013, 19:39

A decision on raising diesel prices by Rs 3-5 per litre, kerosene by Rs 2 and LPG by up to Rs 50 per cylinder will be taken after UPA Chairperson Sonia Gandhi returns from US, top government officials said Thursday.

Demand in Lok Sabha for rollback of fuel price hike

Last Updated: Wednesday, September 04, 2013, 14:39

The issue of rise in fuel prices reverberated in the Lok Sabha with several members blaming "poor economic policies" of the UPA government for frequent hikes.

Renault India's sales decline 4% to 3,733 units in August

Last Updated: Tuesday, September 03, 2013, 14:53

Renault India on Tuesday reported a 4.6 percent decline in August sales at 3,733 units as compared to 3,916 units for the same period a year ago, owing to rise in inflation, interest rates, fuel price and the rupee depreciation.