Fuel Price Hike

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Reuters Market Eye - The Sensex and Nifty fall 0.3 percent, reversing Thursday's gains after the government came under pressure to roll back a petrol price hike, casting doubt about whether it would take the bolder step of raising other fuel prices.
May 25, 2012 at 05:34 | Source: Reuters India
The hike in petrol price is totally unjustified and unwarranted, Communist Party of India (Marxist) leader and Rajya Sabha MP Brinda Karat said here on Thursday. The United Progressive Alliance government is burdening people with its faulty economic policies.
May 25, 2012 at 16:54 | Source: The Hindu
The Left parties have announced a protest that coincides with the NDA's plans on the last day of May 2012. Mumbai: The petrol bomb that the UPA has hurled on to the people has become an opportunity for the Opposition to mount a joint offensive. Just as BJP ...
May 25, 2012 at 18:41 | Source: MSN India
On his way to Ashgabat (Turkmenistan) for the signing of an agreement on the Turkmenistan-Afghanistan-Pakistan-India oil pipeline, Reddy told reporters here that the rupee's depreciation against the US dollar would further cause a loss of ...
May 23, 2012 at 00:21 | Source: Mid Day.com
(RTTNews.com) - Indian shares rebounded sharply from two days of losses on Thursday, as a steep hike in petrol prices fueled speculation that the government may hike diesel and LPG prices on Friday to cut the fuel subsidy bill and counter the ...
May 24, 2012 at 09:31 | Source: NASDAQ
The steepest-ever hike in petrol prices fuelled protests in several parts of the country on Thursday with UPA ally Trinamul Congress along with the Opposition NDA and the Left parties demanding a roll-back of the anti-people decision. The NDA and the Left ...
May 25, 2012 at 06:02 | Source: deccanchronicle.com
New Delhi: Expressing his helplessness over the hike in the petrol prices, Oil Minister Jaipal Reddy on Friday said that the matter was beyond the control of the government and categorically stated that there would be no rollback for now.
May 25, 2012 at 13:19 | Source: zeenews.india.com
state-controlled refiners hiked the fuel price by Rs.6.28 a litre exclusive of taxes effective midnight on Wednesday. This, an official said, was meant to compensate losses incurred by the companies for selling petrol at subsidised rates. The hike will ...
May 24, 2012 at 09:38 | Source: Khaleej Times
Describing the government's decision to raise prices of diesel, cooking gas and kerosene as inevitable, the Prime Minister's economic advisor today said that it would push inflation into the double-digit zone. "Due to the hike, inflation could be close to ...
May 22, 2012 at 12:25 | Source: Deccan Herald
UPA's outside supporter Samajwadi Party today gave a call for a state-wide bandh in Uttar Pradesh on May 31 to press for roll back of petrol price hike. "The party's state executive meeting chaired by SP supremo Mulayam Singh Yadav decided to hold state ...
May 25, 2012 at 14:02 | Source: Outlook India