Diesel prices to be hiked by 40-50 paise every month
Until now, diesel vehicle owners in India were enjoying lower fuel rates, but now cheap fuel might become a thing of the past. The prices of diesel will be hiked by 40 to 50 paise-per-liter every month, till the losses on…
Car makers hopeful of upcoming festive season despite diesel price hike
The recent price hike on the diesel prices has given a blow to the already slowing down of the passenger vehicle space. But the industry players are hopeful that the upcoming festive season will help to soften that knock. Some…
Diesel hike to be recommended by oil ministry
It is likely that the Petroleum Ministry might push for a diesel price hike before the monsoon session of the Parliament begins on August 8, 2012. The prices of diesel has been left untouched for about a year now while…