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.
(3 months and 6 days ago)
Burden of any future hike in diesel prices will not be passed on passengers and government can consider withdrawing ticket surcharge if prices of fuel come down, Union Railway Mnister P K Bansal said.
(2 months and 14 days ago)
The government had said last month it would allow fuel retailers to raise the price of subsidised diesel by 0.40 rupees-0.50 rupees a litre every month and asked bulk buyers to pay market rates. Major oil marketing companies have taken the decision to hike fuel prices, which should be encouraging for the market.
(3 months and 4 days ago)
RK Singh, CMD, BPCL says, in an interview to CNBC-TV18, that the current diesel-price hike will cut underrecovery on diesel by Rs 3.
(12 days ago)
State-run fuel retailers are poised to increase pump prices of petrol and diesel over the weekend. The price of petrol could be raised by 75 paise-Re 1 a litre and diesel by 40-50 paise.
(3 months and 8 days ago)
Oil marketing company stocks are up around 2 percent each after the latest diesel price hike This is the third hike in a row after the government allowed .Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum to do so.
(1 month and 27 days ago)
Passengers have been spared an immediate hike in rail fares, but a sustained spike in diesel price may prompt railways make travel more expensive over the next six months.
(2 months and 1 day ago)
The BJP on Tuesday said it will not accept any hike in the rail fare in a country, which is already reeling under steep hike of petrol, diesel, kerosene, and cylinders.
(2 months and 27 days ago)
State fuel retailers on Saturday cut the price of non-subsidized domestic cooking gas cylinders that consumers buy beyond the annual cap by Rs 37.50 each and raised price of diesel by 94 paise a litre.
(2 months and 22 days ago)
CHICAGO (TheStreet) -- GM moved Friday to reignite the U.S. diesel car market as it rolled out the 2014 Cruze diesel at the Chicago Auto Show. Offering a diesel engine passenger car "puts Chevrolet back in the conversation with Mercedes-Benz, Audi, Volkswagen and BMW," all of which sell diesel cars in the U.S., said James Bell, GM's head of consumer affairs. None of the...
(3 months and 13 days ago)
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