fuel prices

Government committing fraud, says CPI-M


September 14th, 2012 - 3:44 pm ICT by IANS
New Delhi, Sep 14 (IANS) The CPI-M Friday accused the government of committing a "gigantic fraud" by hiking fuel prices at a time when Indian oil companies were making huge ... Read more...

Posted in Politics |

Will oppose anti-people fuel price hike: SP


September 14th, 2012 - 12:21 am ICT by IANS
Kolkata, Sep 13 (IANS) The Samajwadi Party said the anti-people policies of the Congress-led central government will take the country towards devastation and asserted it would fight the diesel price ... Read more...

Posted in Politics |

Government hikes diesel price by Rs.five a litre (Lead)


September 13th, 2012 - 10:35 pm ICT by IANS
New Delhi, Sep 13 (IANS) The government Thursday announced a hike in diesel price by Rs.five a litre and restricted availability of cooking gas cylinders per family to six ... Read more...

Posted in Business |

Delay in oil price hike to increase inflation: Parekh


September 12th, 2012 - 10:14 pm ICT by IANS
New Delhi, Sep 12 (IANS) With the union government having deferred a hike in oil prices, Planning Commission member Kirit Parikh Wednesday said failure to revise fuel prices would result ... Read more...

Posted in Business |

Decision on fuel prices deferred, CCPA meet postponed


September 11th, 2012 - 7:39 pm ICT by IANS
New Delhi, Sep 11 (IANS) A decision on a hike in fuel prices was deferred Tuesday as a meeting of the Cabinet Committee on Political Affairs (CCPA), scheduled for ... Read more...

Posted in Business |

August car sales down over 18 percent: SIAM


September 10th, 2012 - 4:24 pm ICT by IANS
New Delhi, Sep 10 (IANS) Higher fuel prices and interest rates and a slowdown in the economy saw car sales plummeting more than 18 percent in August, the biggest drop ... Read more...

Posted in Business |

Lufthansa to cancel 1,200 flights Friday


September 7th, 2012 - 8:39 am ICT by IANS
Moscow, Sep 7 (IANS/RIA Novosti) Germany's largest air carrier Lufthansa has cancelled 1,200 flights planned for Friday, when its flights attendants are staging a walkout, The Local news portal reported.The ... Read more...

Posted in World |

Tractor sales to pick up from October: Escorts


September 5th, 2012 - 6:00 pm ICT by IANS
Kolkata, Sep 5 (IANS) Tractor sales, which have been flat for about six months due to a delayed monsoon, are expected to pick up from October following recent rains, agri-machinery ... Read more...

Posted in Business |

India will need 1,450 new aircraft in next 20 years: Boeing


September 4th, 2012 - 7:51 pm ICT by IANS
New Delhi, Sep 4 (IANS) Indian carriers will require 1,450 new aircraft worth $175 billion to cope with the growth in passenger traffic over the next 20 years, global aircraft ... Read more...

Posted in Business |

Slowdown, inflationary pressures affect automobile sales in August (Roundup)


September 1st, 2012 - 9:34 pm ICT by IANS
New Delhi/Chennai, Sep 1 (IANS) Production losses at Maruti Suzuki, high interest rates and rising fuel prices resulted in lower sales for the auto industry in August.Crippled by a lockout ... Read more...

Posted in Business |

Hyundai’s domestic sales up by six percent


September 1st, 2012 - 8:23 pm ICT by IANS
New Delhi, Sep 1 (IANS) Automobile major Hyundai Motor Saturday reported an increase of 5.9 percent in its August domestic sales which stood at 28,257 units over 26,677 units for ... Read more...

Posted in Business |

No growth in passenger traffic at Hyderabad airport


August 23rd, 2012 - 10:48 pm ICT by IANS
Hyderabad, Aug 23 (IANS) The domestic passenger traffic at the Rajiv Gandhi International Airport here has not witnessed any growth during the current year and is concerned at the ... Read more...

Posted in Business |

Mamata scores major points against Left (West Bengal Newsletter)


August 4th, 2012 - 1:40 pm ICT by IANS
Kolkata, Aug 4 (IANS) Chief Minister Mamata Banerjee scored some major political points against her arch rival Communist Party of India-Marxist (CPI-M) when its labour wing, the Centre ... Read more...

Posted in Politics |

Hyundai and Nissan Motor log growth in July


August 1st, 2012 - 8:03 pm ICT by IANS
Chennai, Aug 1 (IANS) Hyundai Motor India, the Indian subsidiary of South Korean auto major Hyundai Motor, Wednesday announced that it closed July with a 6.4 percent sales growth over ... Read more...

Posted in Business |

CITU calls off July 31 transport strike


July 29th, 2012 - 6:46 pm ICT by IANS
Kolkata, July 29 (IANS) The CPI-M's labour arm CITU Sunday withdrew the call for a transport strike Tuesday, a day after bus operators in West Bengal pulled out of the ... Read more...

Posted in Politics |

Mamata takes on centre, Left over fuel price hike (West Bengal Newsletter)


July 28th, 2012 - 3:21 pm ICT by IANS
Kolkata, July 28 (IANS) After a few days of truce with the central government, West Bengal Chief Minister Mamata Banerjee has revived her crusade against the Congress-led UPA over ... Read more...

Posted in Politics |

Will protest fuel price hike, but won’t let Left create rift: Mamata


July 27th, 2012 - 8:19 pm ICT by IANS
Bolpur (West Bengal), July 27 (IANS) Sticking to her stand of hitting the streets against the rise in fuel prices, West Bengal Chief Minister Mamata Banerjee Friday said she ... Read more...

Posted in Politics |

Fuel prices revised countrywide


July 25th, 2012 - 10:02 pm ICT by IANS
New Delhi, July 25 (IANS) Petrol, diesel, cooking gas and kerosene prices across the country were revised Wednesday after state-run oil marketing companies adjusted the surcharge paid towards state levies ... Read more...

Posted in Business |

Mamta demands withdrawal of fuel price hike


July 25th, 2012 - 9:46 pm ICT by IANS
Kolkata, July 25 (IANS) West Bengal Chief Minister Mamata Banerjee Wednesday threatened to hit the streets if the centre did not withdraw its decision to hike petrol and diesel ... Read more...

Posted in Politics |

Chinese airlines suffer losses in 2012


July 21st, 2012 - 11:52 am ICT by IANS
Beijing, July 21 (IANS) Three major airlines in China have all reported more than a 50 percent drop in profit in the first six months this year, but earnings are ... Read more...

Posted in Business |

SIAM slashes car sales growth forecast to 9-11 percent


July 10th, 2012 - 9:15 pm ICT by IANS
New Delhi, July 10 (IANS) The Society of India Automobile Manufacturers (SIAM) Tuesday cut passenger car sales forecast to 9-11 percent for the current financial year owing to weak macro-economic ... Read more...

Posted in Business |

Plane numbers to double by 2032: Boeing


July 4th, 2012 - 8:13 am ICT by IANS
Chicago, July 4 (IANS) The global plane market will reach $4.5 trillion and will have doubled the existing fleet with 34,000 new planes over the next two decades, aircraft manufacturer ... Read more...

Posted in Business |

Pakistani PM briefed on economic situation


July 3rd, 2012 - 12:11 pm ICT by IANS
Islamabads, July 3 (IANS) The fiscal year 2011-12 ended with a growth of 3.7 percent, Finance Minister Abdul Hafeez Shaikh told Prime Minister Raja Pervez Ashraf while briefing him on ... Read more...

Posted in South Asia |

Auto sales remain subdued in June (Roundup)


July 2nd, 2012 - 8:02 pm ICT by IANS
New Delhi/Chennai, July 2 (IANS) Amid a general slowdown of the economy, India's major auto companies posted meagre sales for June, blamed on hikes in fuel prices and interest costs.Passenger ... Read more...

Posted in Business |

Hyundai’s June sales up by 3.5 percent


July 2nd, 2012 - 5:29 pm ICT by IANS
New Delhi, July 2 (IANS) Automobile major Hyundai Motor Monday reported a rise of 3.5 percent in its overall June sales, due to increase in exports to Africa and South ... Read more...

Posted in Business |

Air India strike is second longest in aviation industry


July 1st, 2012 - 6:37 pm ICT by IANS
New Delhi, July 1 (IANS) The strike by a section of Air India pilots will Monday enter the 57th day, to attain the notorious distinction of becoming the second longest ... Read more...

Posted in Business |

Global airline profits for 2012 expected at $3 billion


June 12th, 2012 - 12:07 am ICT by IANS
Beijing, June 11 (IANS) The International Air Transport Association (IATA) Monday forecast a dip in the global airline industry's profits at $3 billion in 2012 from last year's $7.9 billion.This ... Read more...

Posted in Business |

Global airline profits for 2012 expected at $3 billion


June 12th, 2012 - 12:06 am ICT by IANS
Beijing, June 11 (IANS) The International Air Transport Association (IATA) Monday forecast a dip in the global airline industry's profits at $3 billion in 2012 from last year's $7.9 billion.This ... Read more...

Posted in Business |

China cuts fuel prices


June 9th, 2012 - 2:31 pm ICT by IANS
Beijing, June 9 (IANS) Petrol and diesel prices have been cut for the second time in a month in China amid growing government efforts to reverse a sharp slowdown in ... Read more...

Posted in Business |

China to cut fuel prices


June 8th, 2012 - 5:19 pm ICT by IANS
Beijing, June 8 (IANS) China will cut patrol and diesel prices by 530 yuan ($84) and 510 yuan per tonne respectively from Saturday, authorities said.The move, which marks the second ... Read more...

Posted in Business |

Sales slowdown for auto companies in May (Lead)


June 1st, 2012 - 9:10 pm ICT by IANS
New Delhi/Chennai, June 1 (IANS) Amid a general slowdown of the economy, India's major auto companies posted a decline or meagre sales in May owing to hikes in fuel prices ... Read more...

Posted in Business |

Karunanidhi says he never threatened to quit UPA (Second Lead)


May 30th, 2012 - 3:49 pm ICT by IANS
Chennai, May 30 (IANS) DMK president M. Karunanidhi Wednesday threatened to pull out of the UPA government over the hike in petrol prices but later did a quick U-turn.Shortly ... Read more...

Posted in Politics |

Left opposes hike in fuel prices


May 23rd, 2012 - 3:53 pm ICT by IANS
New Delhi, May 23 (IANS) The Left parties Wednesday strongly opposed the proposed increase in prices of petrol, diesel and other petroleum products."Such an increase will be a cruel blow ... Read more...

Posted in Politics |

Fuel price hike a necessity but no decision yet: Jaipal Reddy


May 22nd, 2012 - 9:19 pm ICT by IANS
Amritsar, May 22 (IANS) Petroleum and Natural Gas Minister S. Jaipal Reddy Tuesday said no decision had been taken on increasing fuel prices in the country but added that it ... Read more...

Posted in Politics |

High interest rate, fuel prices slow down car sales (Lead)


May 10th, 2012 - 6:16 pm ICT by IANS
New Delhi, May 10 (IANS) Passenger car sales in India grew by a mere 3.40 percent in April, the slowest in 10 years, as high interest rates and rising fuel ... Read more...

Posted in Business |

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