New Delhi: With oil subsidies mounting, petroleum minister petroleum minister M. Veerappa Moily on Thursday discussed with finance minister P. Chidambaram various options before the government includ

Diesel price was today hiked by 50 paise per litre, the sixth increase in rates this year.

The nation-wide bandh called by the BJP-led NDA and Left parties to protest against the hike in diesel prices and allowing FDI in retail saw the normally buzzing IT city shutting down completely on Th

A steep Rs 5.63 per litre hike in diesel prices notwithstanding, state-owned fuel retailers are likely to end the fiscal with a staggering Rs 1,78,491 crore of revenue loss on selling diesel and cooking fuels below cost.

A day after the Centre raised the price of diesel by Rs 5 per litre and put a cap on the number of subsidised LPG cylinders in each household at six annually, all major non-Congress parties in the sta

Jan. 5: The oil minister, Mr Murli Deora, on Wednesday said his ministry is not in favour of raising diesel and domestic LPG prices in response to the spurt in global crude oil prices. This move will