Automakers today said the government decision to allow "small" hikes in diesel prices was a step in the right direction although it could have some impact on sales.
Oil companies should increase diesel prices in phases otherwise inflation will escalate further industry body Assocham said today.
Welcoming the government's decision to allow oil marketing companies to hike
The oil ministry has made a proposal to cabinet to raise diesel prices and increase the number of subsidised cylinders available to households to nine a year from the current
An increase in petrol, diesel, domestic cooking gas (LPG) and kerosene prices looks "imminent" after the Finance Ministry said it has no money to provide for fuel subsidy.
Petrol and diesel prices were today hiked in seven states including West Bengal and Maharasthra and that of domestic LPG in six states as state-owned oil firms recalibrated rates to
Advocating diesel prices also go on a float like petrol, Chief Economic Adviser Kaushik Basu today said the idea to fix the tax component in petrol prices in the country
The government has not fixed a date yet for a meeting of Empowered Group of Ministers (EGoM) to discuss raising the prices of diesel, kerosene and cooking gas, which are
A government committee headed by finance minister Pranab Mukherjee will meet on Friday to discuss raising diesel, liquified petroleum gas and kerosene prices, a finance ministry official said on Thursday.
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