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No petro hike rollback soon: Oil Minister
New Delhi, May 25 (IBNS) Indian oil minister S Jaipal Reddy on Friday ruled out any immediate rollback on the petrol price hike, urging all to sacrifice for long term gains since there is no instant solution to the problem fuelled by global situation.Reddy told a press conference here that the government would watch the situation for a while and then come up with a view. He said global pressures led

Oil edges up above $91 on inconclusive Iran talks
$91 a barrel Friday as an inconclusive summit about Iran's nuclear program outweighed demands concerns tied to Greece's financial crisis and sputtering growth in China.

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Mamata to hit the road against petrol price hike Saturday

Kolkata: West Bengal Chief Minister and Trinamool Congress chief Mamata Banerjee will lead a procession of the party activists and supporters in the city Saturday to mount pressure on the central

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Petro hike will promote dieselisation: CSE

New Delhi, May 25 (IBNS) The latest hike in petrol prices has further widened the gap between petrol and diesel, mindlessly inciting and fanning the lure for diesel cars for its cheaper run for the money, said the New Delhi-based green pressure group Centre for Science and Environment (CSE).

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Protests on petrol prices may delay diesel reform

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Right call, wrong handling

The prices of petroleum products have a capacity to spark a political firestorm that is matched only by those of onions. Indira Gandhi raised fuel prices sharply in the wake of the first oil shock

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