Making a case for raising prices of diesel, kerosene and LPG, the Reserve Bank today said hike in rates of petroleum products is necessary to arrest fiscal slippages.
"Overall from
ONGC's profit before tax will take a hit of Rs 5000 crore in 2012/13 due to budget proposals to raise duties on oil production & an increase in service tax.
In a bid to provide relief to consumers hit by recent fuel price hike, Maharashtra government today decided to reduce Value Added Tax (VAT) on diesel and kerosene by two
Finance Minister Pranab Mukherjee today asked all chief ministers to reduce state levies on diesel, kerosene and cooking gas to mitigate the impact of the price hike on the common
Despite one of the steepest hike in fuel prices, state-run oil firms will still end the fiscal will a whooping Rs 121,700 crore revenue loss on selling diesel, domestic LPG
Biting the bullet, government today hiked the price of diesel by Rs 3 a litre, kerosene Rs 2 a litre and cooking gas by a steep Rs 50 a cylinder
A panel of ministers may meet on June 9 to discuss raising prices of diesel, kerosene and cooking gas, an oil ministry source told reporters on Thursday.
"My expectation is
A day after oil firms hiked petrol rates by a steep Rs 5 per litre, Finance Minister Pranab Mukherjee today said a ministerial panel will decide on raising diesel, LPG
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