Last Updated: Thursday, July 31, 2014, 19:38
The revisions will be effective midnight tonight, Indian Oil Corp, the nation's largest oil firm, announced on Thursday.
Last Updated: Saturday, July 19, 2014, 17:07
Not just income, but taxes that keep fuel costs high and good roads with ample parking space determine the amount of personal car use for people in developing nations including India, a new study shows.
Last Updated: Sunday, July 06, 2014, 05:59
Egyptian Prime Minister Ibrahim Mahlab has rejected public outrage against the recent hike in fuel prices and asked them to accept the decision.
Last Updated: Saturday, July 05, 2014, 08:04
Egypt's government has drastically raised fuel prices to tackle a bloated subsidy system, in a potentially unpopular move that could present newly elected President Abdel Fattah al-Sisi with his first serious challenge.
Last Updated: Tuesday, July 01, 2014, 20:05
With escalating violence in Iraq spooking international oil markets, losses on the sale of diesel have more than doubled to Rs 3.40 a litre even after monthly price increases.
Last Updated: Monday, June 16, 2014, 19:23
Losses on sale of diesel have dipped to a record low of Rs 1.62 per litre, raising the prospect of deregulation of the nation's most consumed fuel.
Last Updated: Friday, June 13, 2014, 19:05
Petrol and diesel prices will be hiked by 75 paise a litre each if the government accepts an expert panel report that recommends nationwide fuel standards be upgraded.
Last Updated: Thursday, March 20, 2014, 18:22
IOC, Hindustan Petroleum Corp and Bharat Petroleum Crop together are projected to lose about Rs 1,41,000 crore in revenue this financial year on selling diesel, LPG and kerosene at rates set by the government.
Last Updated: Saturday, January 11, 2014, 19:50
Reliance Industries welcomed notification of new gas pricing formula that will almost double the fuel prices from April 1.
Last Updated: Wednesday, December 18, 2013, 20:13
Tamil Nadu Petroleum Dealers Association, a member of the CIPDA, Wednesday said 40,000 petrol pump owners would be on strike country-wide on December 24 if their demands were not met.
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.
Last Updated: Wednesday, September 04, 2013, 20:07
Reeling under high interest rates, fuel costs and low consumer sentiments due to overall economic slowdown, car sales in India have declined for a record 9th consecutive month in July.
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