Oil companies on Thursday increased petrol prices by Rs 3.14 to Rs 3.32 a litre with effect from midnight, the second biggest hike in more than a year. The hike, companies say, has been done to

A quick estimate suggests that international crude oil prices for Indian refineries (or what oil industry experts refer to as the Indian crude oil basket) have gone up 22 per cent since the

This is that time of the fiscal year when finance ministry officials get a little tense. With about eight weeks left for the presentation of the Union Budget for the next year, they come under