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Losses on sale of diesel rise to Rs 1.78/litre

After dipping to the all-time low, losses on sale of diesel have risen to Rs 1.78 per litre, delaying the prospect of deregulation of the nation's most consumed fuel.

Re 1 a litre cut in petrol price likely soon

Petrol price may be cut by as much as Re 1 per litre over the next few days when state-owned oil firms review rates.

Oil PSUs losing Rs 1.37 a litre on petrol: Govt

State-owned oil firms are losing Rs 1.37 a litre on petrol despite last month's Rs 0.70 per litre hike in price, Oil Minister S Jaipal Reddy said Tuesday but did not indicate if the rates will go up anytime soon.

Petrol prices may go up by 65 paise

State-run retailers may hike petrol prices by Rs 0.65 paise in their scheduled meeting on Thursday.