fuel prices

Inflation pressure may re-emerge in India: Morgan Stanley


May 3rd, 2012 - 7:30 pm ICT by IANS
New Delhi, May 3 (IANS) India faces a very high risk of a return to rising inflation with the government continuing with its spending spree and the central bank easing ... Read more...

Posted in Business |

Sri Lanka rejects Indian offer to upgrade refinery


April 29th, 2012 - 4:28 pm ICT by IANS
Colombo, April 29 (IANS) Sri Lanka has rejected an Indian offer to upgrade a refinery that is built to refine only Iranian oil, a minister said Sunday.Petroleum Minister Susil Premjayantha ... Read more...

Posted in Business |

Sarkozy pledges budget surplus if re-elected


April 6th, 2012 - 2:10 pm ICT by IANS
Paris, April 6 (IANS) Incumbent French President Nicolas Sarkozy has promised to reach 0.5 percent surplus of gross domestic product (GDP) in 2017 and pledged to stick to growth targets ... Read more...

Posted in Politics |

For reforms, Pakistani daily cites India’s example


April 3rd, 2012 - 12:14 pm ICT by IANS
Islamabad, April 3 (IANS) Had Pakistan implemented governance and fiscal reforms it might have been better placed to protect its people against rising global oil prices today, "just as India ... Read more...

Posted in World |

Fuel prices hiked in Pakistan


April 1st, 2012 - 3:53 pm ICT by IANS
Islamabad, April 1 (IANS) The Pakistan government has announced a hike in fuel prices.The price of petrol was raised by Rs.8.02 to Rs.105.68 a litre while that of diesel by ... Read more...

Posted in South Asia |

Shiv Sena, MNS shutdowns in Raigad, Thane


March 29th, 2012 - 12:34 pm ICT by IANS
Mumbai, March 29 (IANS) Parts of Thane and the entire Raigad district, both adjacent to Mumbai, observed a shutdown Thursday to protest some local issues, including the theft of a ... Read more...

Posted in Politics |

General Motors to launch small car Sail in Q3


March 26th, 2012 - 5:57 pm ICT by IANS
Kolkata, March 26 (IANS) General Motors India (GM) is planning to launch its fourth small car in the country, a premium hatchback "Sail", by July-September, a company official said Monday."We ... Read more...

Posted in Uncategorized |

Sensex recovers, closes 165 points up on value buying (Roundup)


March 23rd, 2012 - 7:56 pm ICT by IANS
Mumbai, March 23 (IANS) Amid volatile trade, a benchmark index for Indian equities markets Friday closed 165 points higher, led by buying in recently battered stocks. Global cues were, ... Read more...

Posted in Business |

Markets quiet in noon trade, FMCG, IT scrips gain


March 23rd, 2012 - 1:43 pm ICT by IANS
Mumbai, March 23 (IANS) Indian equities markets were trading in a tight but volatile range Friday, with a benchmark index managing to creep up into the green after a ... Read more...

Posted in Business |

Budget will fuel inflation: CPI-M


March 19th, 2012 - 6:53 pm ICT by IANS
New Delhi, March 19 (IANS) The union budget of 2012-13 will result in "all-round price rise and the imposition of greater burdens on the working people", the CPI-M said Monday."The ... Read more...

Posted in Business |

Australia’s consumer prices rise: Survey


March 5th, 2012 - 2:08 pm ICT by IANS
Sydney, March 5 (IANS) Australia's consumer prices rose slightly in February due to more expensive fruit, vegetables, alcohol, tobacco and automotive fuel, according to a survey released Monday.The TD Securities-Melbourne ... Read more...

Posted in Business |

SpiceJet shares rise 4.11 percent as Maran raises stake


March 3rd, 2012 - 6:02 pm ICT by IANS
Mumbai, March 3 (IANS) Shares of budget carrier SpiceJet Saturday closed 4.11 percent up after it became known that promoter Kalanithi Maran would infuse Rs.100 crore into the airline in ... Read more...

Posted in Business |

SpiceJet promoter to infuse Rs.100 crore


March 2nd, 2012 - 10:35 pm ICT by IANS
New Delhi, March 2 (IANS) Budget carrier Spicejet Friday said its promoter Kalanidhi Maran will infuse Rs.100 crore into the passenger carrier in lieu of five percent equity or additional ... Read more...

Posted in Business |

India, China growth pushing fuel prices: US


March 1st, 2012 - 12:53 pm ICT by IANS
Washington, March 1 (IANS) Amid a national spike in gas prices, the White House has once again argued that there is little it can do to halt the trend with ... Read more...

Posted in Business |

Bosch India net up 31 percent in 2011


February 28th, 2012 - 8:14 pm ICT by IANS
Bangalore, Feb 28 (IANS) Bosch Limited posted Rs.1,123 crore (Rs.11.23 billion) net profit for calendar year 2011, registering 31-percent increase year-on-year, the Indian subsidiary of the German automotive component major ... Read more...

Posted in Business |

India, China boom pushing fuel prices: White House


February 25th, 2012 - 2:58 pm ICT by IANS
Washington, Feb 25 (IANS) Echoing President Barack Obama, the White House has said there is no short term solution to rising fuel prices in America with external factors like ... Read more...

Posted in Business |

India, China boom led to higher fuel prices: White House


February 22nd, 2012 - 8:33 pm ICT by IANS
Washington, Feb 22 (IANS) The White House has attributed the rising fuel prices in America partly to the economic boom in countries like India and China and unrest in ... Read more...

Posted in Business |

SpiceJet’s third quarter net loss at Rs.39.26 crore


February 6th, 2012 - 7:33 pm ICT by IANS
Mumbai, Feb 6 (IANS) Budget carrier SpiceJet Monday reported a net loss of Rs.39.26 crore for the quarter ended Dec 31 from a net profit of Rs.94.44 crore in the ... Read more...

Posted in Business |

Petroleum price hike bombshell for Pakistanis: Daily


February 2nd, 2012 - 12:42 pm ICT by IANS
Islamabad, Feb 2 (IANS) The steep hike in petroleum prices is like a bombshell for Pakistan's impoverished masses, said a daily, ruing that there was no proper regulatory authority working ... Read more...

Posted in Business |

Maruti Suzuki’s third quarter net profit down 63.6 percent


January 23rd, 2012 - 5:07 pm ICT by IANS
Mumbai, Jan 23 (IANS) Maruti Suzuki Monday reported a 63.6 percent decline in net profit for the third quarter of the current fiscal at Rs.205.62 crore as high interest rates ... Read more...

Posted in Business |

Hero Motocorp’s Q3 net profit up 43 percent


January 19th, 2012 - 7:57 pm ICT by IANS
Mumabi, Jan 19 (IANS) Two-wheeler major Hero Motocorp Thursday reported a 42.89 percent increase in its net profit for the third quarter ended Dec 31 at Rs.613.03 crore from Rs.429 ... Read more...

Posted in Business |

Fuel price hike has come as a shock: Pakistani daily


December 2nd, 2011 - 1:00 pm ICT by IANS
Islamabad, Dec 2 (IANS) The hike in fuel prices has come as a shock for the people of Pakistan, a newspaper said Friday, adding that it was "hard to fathom ... Read more...

Posted in South Asia |

Hyundai Motor’s November sales up 28.1 percent


December 1st, 2011 - 7:57 pm ICT by IANS
New Delhi, Dec 1 (IANS) Automobile major Hyundai Motor's November sales, including exports, increased by 28.1 percent at 57,080 units from 44,540 units sold in the like period of last ... Read more...

Posted in Business |

TVS Motors, India Yamaha log sales growth in November


December 1st, 2011 - 6:37 pm ICT by IANS
Chennai, Dec 1 (IANS) Two-wheeler majors TVS Motor Company and India Yamaha Motor closed November with increased sales as compared to November last year.TVS Motor Company closed the month with ... Read more...

Posted in Uncategorized |

Petrol costlier in India than in neighbours, US


November 29th, 2011 - 8:22 pm ICT by IANS
New Delhi, Nov 29 (IANS) Petrol costs more in India when compared to neighbouring countries like Pakistan, Bangladesh, Sri Lanka and is even dearer than what is charged in the ... Read more...

Posted in Business |

Sliding car sales may reverse in March-April 2012: Automakers


November 21st, 2011 - 1:40 pm ICT by IANS
Kolkata, Nov 21 (IANS) Automobile makers are keeping their fingers crossed on the revival of India's passenger car industry after a dip in sales for the fourth consecutive month till ... Read more...

Posted in Business |

Petrol price cut will not help inflation: Experts


November 16th, 2011 - 5:41 pm ICT by IANS
Kolkata, Nov 16 (IANS) The cut in petrol prices by state-run oil companies will have negligible or marginal impact on the country's economy and will not help the near double-digit ... Read more...

Posted in Business |

PM hints at further fuel hike if international prices rise


November 12th, 2011 - 11:22 pm ICT by IANS
By Manish Chand On Board Air India One, Nov 12 (IANS) Prime Minister Manmohan Singh Saturday indicated that the fuel prices may have to be hiked again if international oil prices ... Read more...

Posted in World |

PM has no control over decisions: Advani


November 5th, 2011 - 1:33 am ICT by IANS
Mumbai, Nov 4 (IANS) Attacking the prime minister yet again, Bharatiya Janata Party (BJP) leader L.K. Advani Friday said that Manmohan Singh does not have the last word on ... Read more...

Posted in Politics |

Petrol price hike: Government insensitive, says BJP


November 3rd, 2011 - 10:58 pm ICT by IANS
New Delhi, Nov 3 (IANS) The opposition Bharatiya Janata Party (BJP) Thursday slammed the government over the fresh petrol price hike, saying it was "insensitive" towards the 'aam adami' ... Read more...

Posted in Politics |

Strike, interest rates dampen automobile sales


November 1st, 2011 - 9:02 pm ICT by IANS
New Delhi/Chennai, Nov 1 (IANS) Production losses at industry leader Maruti Suzuki and a slump in sales because of high interest rates and rising fuel prices have resulted in a ... Read more...

Posted in Uncategorized |

Oil firms mulling another price hike


November 1st, 2011 - 7:38 pm ICT by IANS
New Delhi, Nov 1 (IANS) State-owned oil companies may hike fuel prices once again owing to a depreciating rupee and rise in global crude prices."We are at present losing Rs.1.50 ... Read more...

Posted in Business |

Maruti Suzuki quarterly net profit declines 59.81 percent


October 29th, 2011 - 5:37 pm ICT by IANS
New Delhi, Oct 29 (IANS) Automobile giant Maruti Suzuki Saturday reported a decline of 59.81 percent in its net profit for the quarter ended Sep 30 due to the prolonged ... Read more...

Posted in Business |

UPA’s policies bound to raise prices: CPI-M


October 28th, 2011 - 4:48 pm ICT by IANS
New Delhi, Oct 28 (IANS) The Communist Party of India-Marxist (CPI-M) Friday condemned the ruling United Progressive Alliance (UPA) for rising food inflation and said the government was following policies ... Read more...

Posted in Politics |

High fuel prices scorch firecracker business, says survey


October 20th, 2011 - 6:35 pm ICT by IANS
New Delhi, Oct 20 (IANS) Spiralling fuel prices have considerably affected the firecracker business this Diwali, a survey released Thursday said.The study was conducted by Associated Chambers of Commerce and ... Read more...

Posted in Business |

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