Diesel hike to cost Rs 2700 crore more a year for Railways

Railways paid about Rs 10,000 crore during the last fiscal towards its fuel bill.

First, decisive step has been taken: Moily on diesel deregulation

The oil companies have been permitted to raise diesel prices by a small quantum periodically till such time that they are able to cover Rs 9.60 per litre loss they incur on the fuel.

Cabinet likely to decide on raising diesel, LPG price today

Kerosene rates have not changed since June 2011 and it currently costs Rs 14.79 per litre in Delhi.

Govt seriously considering revising auto, LPG rates: Moily

The panel had recommended an immediate hike in price of diesel by Rs 4 per litre, of kerosene by Rs 2 a litre and of LPG by Rs 50 per cylinder.

Decision on hiking fuel prices, LPG cylinder cap soon: Moily

The government will take a decision on raising diesel and cooking fuel prices along with increasing number of subsidised LPG cylinders for households "as quickly as possible," Oil Minister M Veerappa Moily said on Friday.

Diesel price may be hiked by Rs 2 per litre, LPG by Rs 75 per cylinder

The government may consider hiking diesel prices by Rs 2 to 3 per litre and LPG by Rs 50 to Rs 75.

Diesel, kerosene, LPG prices may go up soon

Diesel, kerosene and cooking gas LPG prices may be hiked soon as the government considers Vijay Kelkar Committee recommendations on cutting fiscal deficit.