Tag Archives: petrol price hike
Petrol and diesel prices to be hiked
Indian oil companies will hike the prices of petrol by 30 paisa per litre and diesel by 18 paisa per litre. The fuel prices are being hiked after the government took the decision to increase the petrol pump dealers’ commission.
Currently...
Diesel prices responsible for 7.81pc inflation in September
It had been noticed that for India inflation had risen to its maximum level during this financial year, peaking at 7.81 percent in the month of September. There has been an increase in the price of wheat, cereals and diesel; this development...
Cabinet meet to discuss fuel price hike postponed
The issue of fuel prices has put a political pressure on the United Progressive Alliance. The Cabinet Committee on Political Affairs meeting that was scheduled to be held on September 11, 2012 has been postponed.
The Finance and Petroleum ministries...
Fuel prices not to be hiked immediately
Oil Minister Jaipal Reddy on September 7, 2012 said that the government does not intend to raise the petrol, diesel, LPG and kerosene prices immediately. Reddy said that the price issue will be decided by the Cabinet.
The oil minister assured...
Petrol to be costlier by Rs. 5 from September 8, diesel hike to be followed
The prices of petrol will once again be increased by Rs.5 per litre with effect from September 8, 2012. The state owned oil companies have decided to increase the prices of petrol while the diesel, cooking gas and kerosene prices will also be...
Petrol prices cut by Rs. 2.46 per litre, more price cut expected
Its time for the vehicle owners to rejoice as the price of petrol was cut by Rs. 2.46 per litre on June 29. This is the second reduction in the month and now the price of petrol in Delhi is Rs. 67.78 per litre compared to Rs. 70.24 per litre.
The...
Oil companies not to cut petrol prices despite fall in global rates
In some disappointing news for those who were expecting that the prices of petrol would fall by Rs. 2.20 to 2.30 per litre, the oil companies said that it will not be reducing the prices. The prices of petrol will not be cut despite the fact...
No rolling back of petrol price hike, government helpless
After some hope was seen for at least a partial roll back of the hiked petrol prices, Oil minister Jaipal Reddy on May 25, 2012 said that there would not be any roll back for now. Reddy expressed his helplessness over the hike and said that...
Petrol prices hiked by Rs. 6.28, opposition warns protest
In another setback to the common man, the prices of petrol went up by Rs. 6.28 plus the local taxes at midnight on Wednesday. This is the largest hike of the fuel in ten years and the opposition is now threatening to launch a big agitation against...
Oil Marketing Companies to Raise Petrol Prices by Rs 5 per Litre
Asia Bizz: The oil marketing companies run by the state plan to raise the prices of the petrol by Rs. 5 per litre from April onward in India. The prices will be raised after the companies get an informal nod from the oil ministries.
The decision...