Indonesia MPs seal fuel price hike after backing help for poor

Shares of three PSU OMCs rose by 0.46% to 0.96% at 9:33 IST on BSE after a hike in retail selling prices of petrol and diesel with effect from Saturday, 1 June 2013. HPCL (up 0.96%), BPCL (up 0.68%) and Indian Oil Corporation (up 0.46%), edged ...

With the price hike, diesel prices have risen a cumulative Rs2.25 per liter since January, which translates into an approximately Rs180 bn ($3.2 billion) decline in under-recoveries. Last Friday, the Indian government allowed the country's three oil ...

PM to inaugurate chief ministers conference Revoke diesel price hike: Jayalalithaa Take steps to retrieve Katchatheevu, Jayalalithaa tells... Reconsider sugar decontrol: Jayalalithaa tells PM New Delhi, June 5 (IANS) Tamil Nadu Chief ...

Sources say the hike is unavoidable following the increase in diesel prices. BMTC chief says a 13-15% hike in ordinary bus fares has been proposed...

Based on 57/USD as the exchange rate, the under recovery on diesel stands at Rs 6.30, he added.

State road transport corporations will have to raise fares by over 18 per cent to make up for the recent diesel price deregulation

There is respite for common man with the government not planning any big hike in the diesel prices, despite the weakening of the rupee in the past week, exerting pressure on petroleum import bill. "Diesel is on a little shaky wicket. The under-recoveries have ...

Kohima, Jun 12 : The Tuensang district administration has hiked the rate of Petrol, Diesel and Kerosene Oil by Rs 1.80 per litre in view of the blockade imposed along Mariani and Amguri routes. According to official sources, an order passed by Deputy ...