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Global oil major BP said on Monday fuel price controls were not good , days after India asked state-run fuel retailers to shield customers from record-high costs by cutting margins.

BP criticises price controls, days after India cuts cost of fuel

BP has a tie-up with Reliance Industries, owner of the world's biggest refining complex.

16 Oct 2018 10:28 AM IST

Prime Minister Narendra Modi

Congress slams PM Modi over fuel prices, Rafale

Sharma also criticised Mr Modi over picking Anil Ambani's Reliance Defence as an offshoot partner for the Rafale deal.

16 Oct 2018 2:38 AM IST

Prime Minister Narendra Modi makes a statement in the Rose Garden of the White House in Washington. (Photo: AP)

Amid fuel prices rise, PM to meet major global oil company heads today

The meeting, coordinated by NITI Aayog, is likely to focus on challenges posed by volatile oil prices and US sanctions...

15 Oct 2018 8:28 AM IST

The cement industry is likely to register a flat growth of around 5 per cent in the current financial year.

'Cement prices may increase by up to 10 pc on rising fuel prices'

The industry has witnessed 14 per cent growth in the first half of 2018-19-- the first double digit growth since...

14 Oct 2018 1:14 PM IST

India has the highest retail prices of petrol and diesel among South Asian nations.

Fuel price hike: Petrol, diesel prices continue to touch new heights

Petrol rates have been increased by 18 paise per litre, taking its price to Rs 82.66 per litre in Delhi.

13 Oct 2018 10:48 AM IST

The price of petrol in Delhi climbed to Rs 75.71 per litre from Rs 75.55 and diesel to Rs 67.50 a litre from Rs 67.38.

Record fuel prices hit Indian petrol, diesel demand in Sept

Lower local sales of petrol and diesel curbed growth in India's overall fuel demand to 1.1 per cent in Sept.

13 Oct 2018 10:21 AM IST

Prime Minister Narendra Modi

PM Modi holds meeting, reviews ways to reduce crude imports

According to sources, the meeting discussed ways to boost domestic production of crude oil so that dependence on imports...

13 Oct 2018 1:09 AM IST

Indias retail inflation cooled to a two-year low in November after demonetisation. (Photo: AP/File)

Retail inflation for September jumps to 3.77 pc on rising fuel, food...

Retail inflation in August was 3.69 per cent.

12 Oct 2018 6:05 PM IST

The price of petrol in Delhi climbed to Rs 75.71 per litre from Rs 75.55 and diesel to Rs 67.50 a litre from Rs 67.38.

No respite for consumers as fuel prices witness fresh hike

Arun Jaitley had earlier announced a cut of Rs 2.50 per litre on both petrol and diesel prices.

12 Oct 2018 3:16 PM IST

Hindustan Petroleum also fell to its 52-week low of Rs 165.45, down 25 per cent over its last closing price.

Govt will not ask oil companies to further subsidise fuel prices:...

While OMCs will continue to enjoy marketing freedom, upstream oil producers like ONGC would not be asked to share fuel...

11 Oct 2018 5:05 PM IST

The price of petrol in Delhi climbed to Rs 75.71 per litre from Rs 75.55 and diesel to Rs 67.50 a litre from Rs 67.38.

Fuel excise duty cut credit negative: Moody's

Excise duty cuts on auto fuel reduce govt revenue and increase fiscal deficit by 0.1 pc to 3.4 pc of GDP in FY19.

10 Oct 2018 12:55 PM IST

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

Fuel price hike: Petrol, diesel prices rise for the fourth consecutive...

Despite the government's efforts to bring fuel prices under control, the prices are increasing daily.

9 Oct 2018 12:14 PM IST