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13 Jul 2016

Govt likely to hike kerosene prices by 25 paise a month

Government is mulling over a plan to issue a nod to hike kerosene prices by 0.25 paise a litre per month till April 2017

02 Jan 2016

Diesel gets costlier by Rs 2 per litre, petrol by 37 paise as govt hikes excise duty

On diesel, total excise duty after including special excise duty will be Rs 13.83 per litre as compared to Rs 11.83 now.

27 Mar 2015

Govt may exempt ONGC, OIL from payment of fuel subsidy in Q4

The government regulates price of cooking fuels -- LPG and kerosene -- to shield the poor.

27 Mar 2015

India may exempt ONGC, Oil India from paying subsidy in March-quarter

India regulates retail prices of liquefied petroleum gas and kerosene to keep prices under check.

India's fiscal deficit

29 Jan 2015

Risks to fiscal slippage high, plan spending cut needed: DBS

As of November-end, the fiscal deficit had touched 99 percent, a record high.

14 Nov 2014

'Oil duty hike to shore up govt revenue by Rs 11,000 cr'

The excise duty hike on petrol and diesel by Rs 1.50 per litre will generate Rs 11,000 crore in additional revenue for the government this fiscal, India Ratings said on Friday.

12 Aug 2014

Oil India June-qtr Net up 40% at Rs 851.87 cr

State-owned Oil India Ltd (OIL) Tuesday reported a 40 percent jump in its June quarter net profit as its net price realisation soared after cut in subsidy.

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