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People express despair over petrol price hike

Last Updated: Saturday, June 29, 2013, 22:00

Petrol price was hiked by a steep Rs 1.82 a litre from Friday, the third increase in rates this month.

‘Govt has some compulsions on hike in diesel, petrol prices’

Last Updated: Saturday, February 16, 2013, 11:16

The government's decision to hike the prices of petrol and diesel has also not gone well with the common man.

Petrol price hiked by 35 paise per litre

Last Updated: Tuesday, January 15, 2013, 23:11

This is the first revision in rates of petrol, which was deregulated by the government, since November.

Petrol prices may be hiked by Rs 5 today

Last Updated: Friday, September 07, 2012, 09:33

Within India, petrol is costliest in Kolkata at Rs 76.15 due to high incidence of local sales tax or VAT and it is lowest in Panjim where it is priced at Rs 57 per litre.

Petrol prices to be hiked by Rs 3-4 per litre?

Last Updated: Thursday, August 16, 2012, 19:33

As per Zee Business sources, the price of petrol is likely to be hiked in a couple of days.

UP refuses to slash VAT on petrol

Last Updated: Wednesday, May 30, 2012, 12:56

Chief Minister Akhilesh Yadav told the state assembly Tuesday that the tax system in the state was structured keeping in mind its financial needs, and hence it need not be disturbed.

HC issues notices to Centre on PIL against petrol price hike

Last Updated: Monday, May 28, 2012, 20:17

The Bombay High Court Monday issued notices to the Centre, the Petroleum Ministry and the Finance Secretary on a PIL which claimed that the recent petrol price hike is "illegal" as it lacked Parliament's approval and "ultra vires" of the Constitution.

Proposal to hike duty on diesel cars on card

Last Updated: Sunday, May 27, 2012, 11:26

To discourage consumption of subsidised diesel by personal vehicle owners, the Petroleum Ministry had suggested imposition of higher duty on purchase of diesel cars.

Pranab Mukherjee declines comment on petrol price hike

Last Updated: Sunday, May 27, 2012, 09:17

Mukherjee had said after the petrol price hike that the decision to increase petrol price by Rs 7.54 a litre was taken by oil marketing companies as the government had deregulated the fuel nearly two years ago.

CII demands dual pricing of diesel

Last Updated: Thursday, May 24, 2012, 23:48

The government should introduce "dual pricing of diesel" and phase out the huge subsidy on urban use of cooking gas, industry body CII on Thursday said.

Steep hike in petrol prices unfortunate: PHD Chamber

Last Updated: Thursday, May 24, 2012, 21:43

Industry body PHD chamber has said that the steep hike in petrol prices is unfortunate in the wake of the limited scope for the government to absorb the impact of the depreciating rupee.

Rollback will hit OMCs: Crisil

Last Updated: Thursday, May 24, 2012, 20:10

As the clamour for rollback in petrol prices grows, ratings agency Crisil on Thursday warned oil retailers will lose up to Rs 1,700 crore annually for every Re 1 reduction in petrol prices.