Petrol Hike

Mamata part of group of ministers who agreed to petrol hike?

While publicly hitting out at the UPA and threatening to withdraw support, the Trinamool Congress's chief, Mamata Banerjee was in fact part of the Empowered Group of Ministers (EGoM) in June of 2010 which decided to deregulate petrol prices.

Reddy calls for EGoM meet on raising fuel prices

With oil companies losing Rs 333 crore per day on selling fuel below cost, Petroleum Minister S Jaipal Reddy has sought a meeting of a high-powered ministerial panel to decide on revising the rates of diesel, domestic LPG and kerosene.

Hyundai first victim of slowdown, shelves new diesel engine plant

Although demand for diesel cars has been rising in India due to the increasing price differential between petrol and diesel, HMIL's domestic sales fell by 4.95 percent to 33,001 units in October from 34,720 units in the same month last<br /><br /> year.

Images: Petrol hike and the great Indian queue

Late last evening the government announced that it was going to increase petrol price by Rs 6.28 per litre. The Indian public didn't waste a second as they rushed to petrol pumps to get their hands on that last drop of cheap petrol.

Your Honour, mind the line between activism and overreach please

There are indications that the courts are getting inclined to exceeding their mandate and transgressing into areas they should be staying off as matter of propriety. It does not augur well.