Fuel Hike

CNG price was hiked from Rs 74.09 to Rs 75.09 per kg, while in Noida, Greater Noida and Ghaziabad the rate went up from Rs 78.70 to Rs 79.70 per kg, according to information posted by IGL on its website

CM Siddaramaiah defends hike in petrol and diesel prices

With the opposition BJP and its ally JD(S) coming down heavily on the Congress government for increasing the petrol and diesel prices by Rs 3 and Rs 3.5 per litre respectively, Siddaramaiah said even after the hike, taxes on fuel remains low compared to most southern states

Petrol, diesel prices may rise as international oil rates surge

Current prices of petrol and diesel in the international market are higher by around $4-6 per barrel as compared to average prices during August.

Check petrol, diesel prices today: Prices remain unchanged owing to election season: Report

Poll bound West Bengal and Assam has earlier announced a tax cut on prices of petrol and diesel by Rs. 1 and Rs. 5 respectively in February.

Is there grand design behind free run to fuel prices in India

In most of the changes in the auto industry India has merely aped the West. This time however, with the runaway prices of fuel in the country bucking the trend of falling prices elsewhere, India has to have its own agenda of change

Fuel prices will come down as winter ends, says Oil Minister Dharmendra Pradhan

On February 26, the minister said that the increase in petroleum price in international market has affected consumers too.

3-Point Analysis | Fuel price hikes: Government revenues get a boost

Moneycontrol's Sakshi Batra does a 3 Point Analysis of how the higher taxes on fuel are helping the government augment its dwindling coffers.

Petrol price cut by Rs 1.15/litre, diesel hiked by Re 0.50

The price changes announced by oil companies are excluding local sales tax or VAT with effect from midnight on Thursday. The cut follows a fall in global crude prices.

PK Bansal: Budget not populist, just meeting aspirational needs

After announcing a Railway Budget with no fare hikes, despite the fuel hike that will cost the Indian Railways Rs 850 crore, Railway Minister PK Bansal says he is just trying to meet the aspirational needs of the people.

See no issues with diesel price hikes every month: BPCL

Diesel is all set to get dearer soon. Oil companies are likely to announce another round of diesel price hike in a day or two. The price hike would provide some respite to oil retailers who are currently incurring a loss of around Rs 10 per litre on sale of diesel.

See Rs 1-2 hike in diesel by OMCs in next few days: Tulsian

In an interview to CNBC-TV18, SP Tulsian of sptulsian.com opines that he expects a fuel hike of maybe Rs 1-2 by the oil marketing companies (OMCs). “I am not expecting the hike in paise, then government will see the effect, reaction of the opposition parties and of the people,” adds Tulsian.

Montek backs fuel hike, says inflation will last 3-4 months

Backing the fuel price hike by the government, Montek Singh Ahluwalia, Deputy Chairman of Planning Commission said that the increase was ‘inevitable’ as the global crude prices are at elevated levels.