With passenger cars consuming about 15 per cent of the diesel, the government on Thursday indicated that it might do away with the subsidy enjoyed by such vehicle owners.
Dynamics of auto business will change if the government ends diesel subsidy to passenger vehicles.
A significant number of Indian car buyers opt for diesel variants instead of petrol ones.Let us check the five most searched diesel cars on the internet.
Here is another sign that the economy is slowing. The growth rate of diesel and petrol consumption is down sharply, though it is still in the positive territory.Year-on-year growth in diesel consumption in December 2008 was down to a mere 1.5 per cent as against 10.7 per cent growth in December 2007. Consumption of petrol grew 5.5 per cent in the month compared with 9.5 per cent in December 2007.Preliminary data for January showed that diesel consumption grew only 2 per cent.
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Amid a spate of government proposals at its door, the Election Commission has asked all Union government departments to route their proposals through the Cabinet Secretariat.
India's ambitious programme to cut oil import bill by mixing a small percentage of non-edible oil in diesel has encountered an unexpected problem.
American tech billionaire Elon Musk on Saturday said his proposed visit to India has been postponed due to "very heavy Tesla obligations". The electric carmaker Tesla CEO -- who was expected to be in India on April 21 and 22 and scheduled to meet Prime Minister Narendra Modi -- wrote on X that he is looking forward to coming to India later this year.
For the first time in more than a decade, diesel demand has declined this fiscal as monthly price hikes and increased power generation clipped consumption, Indian Oil Corporation (IOC) Chairman R S Butola said.
Till now, the company was selling the Beat in petrol and liquefied petroleum gas variants.
General Motors India Vice President P Balendran termed the decision as a positive move for the overall economy.
Holding her party would oppose any 'attempt to sell out the country', she claimed that in the past five months, the Centre had done nothing 'good' and that 'Bharatiya Janata Party is only busy beating its own drum in the social media'.
General Motors India is looking to enhance its range of diesel-driven cars as demand for the variant increases due to the price difference with petrol.
This is the third increase in two months
The Kelkar Committee, which was appointed by Finance Ministry to suggest a roadmap for fiscal consolidation, has suggested immediate hike in fuel prices and complete deregulation of diesel prices by start of 2014-15 fiscal.
Oil Minister S Jaipal Reddy has written to Finance Minister Pranab Mukherjee demanding a hike in excise duty on diesel cars to make up for subsidised fuel being used in vehicles.
Petrol and diesel will cost Rs 2 a litre less from Wednesday after the first excise duty cut by the Modi government comes into effect.
A weak monsoon and the subsequent shortage of electricity has pushed Bangalore into an unprecedented fuel crisis.
The new prices are effective from Sunday midnight.
There is a total of 590,000 private and commercial diesel vehicles registered with Delhi Transport Department and out of them, there are 121,000 commercial vehicles and 161,000 private vehicles including cars, jeep, tractors, which are more than 10 years old
There's issue related to the Glow Plug Module.
The world's largest carmaker, Toyota, is evaluating options to introduce a diesel version of its small car to be launched in the Indian market by 2011.
The government-appointed Kirit Parikh committee suggested an 'immediately' hike prices of diesel by Rs 5 a litre, Rs 4 per litre in kerosene and Rs 250 per cylinder in LPG, reduce annual entitlement of subsidised cooking gas cylinder from six from nine and phase out diesel subsidy in one year to cut a record subsidy burden.
Prasanna Vithanage's Paradise leaves the audience to read between the lines and draw their own conclusions about the frailty of human nature, and how easily violence seizes the most unexpected prey, observes Deepa Gahlot.
In a bid to minimise the impact of recent fuel price hike on consumers, the Maharashtra government on Wednesday reduced Value Added Tax (VAT) on diesel and kerosene by two per cent.
In response to challenge from new diesel models in India's premium mid-size sedan car segment, Honda is developing a diesel engine for Honda City.
There will be corresponding price revisions on petrol and diesel in other states on account of change in dealer commission
Amid a shift in mobility trends and people increasingly opting for less polluting energy sources, sales of compressed natural gas (CNG) vehicles increased more than 82 per cent in the past five years. A total of 729,902 CNG vehicles were sold in 2022-23 against 400,825 in 2017-18, according to VAHAN Dashboard. Though the increase in sales of CNG-powered vehicles has been significant, their share in overall vehicle sales remains minuscule as is the case with EVs.
Petrol price was on Friday hiked by 75 paisa a litre and diesel by 50 paisa with effect from midnight tonight.
Volkswagen did not name a successor, but said proposals on management appointments would be made to a full board meeting on Friday.
The hikes, effective from midnight tonight, are excluding state sales tax or VAT and actual increase will be higher and will vary from city to city
With the government planning to start 20 per cent blending of bio-diesel with diesel, Indian oil companies are fast firming up their bio-diesel ventures.
The company is engaged in developing diesel engines back in Japan.
In January this year, with a view to cutting the subsidy on diesel, the government had decreed that all bulk users, such as the railways, state transport corporations, armed forces and all commercial establishments, would be charged the market price for diesel.
India's policy to subsidise retail prices of fuels such as diesel, which accounts for about 40 per cent of refined fuel consumption, is a major drain on the budget.
It also demanded increasing the number of liquefied petroleum gas cylinders per family to 12, instead of nine as decided by the government on Thursday.
The expert group was tasked to suggest a methodology for pricing of diesel and cooking fuel.
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