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.
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.
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.
General Motors India Vice President P Balendran termed the decision as a positive move for the overall economy.
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.
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
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'.
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.
There will be corresponding price revisions on petrol and diesel in other states on account of change in dealer commission
Till now, the company was selling the Beat in petrol and liquefied petroleum gas variants.
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.
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.
Global oil prices have slumped and India has access to larger amounts of discounted Russian crude oil, yet refiners are not passing on their savings to consumers
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.
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.
There's issue related to the Glow Plug Module.
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.
A weak monsoon and the subsequent shortage of electricity has pushed Bangalore into an unprecedented fuel crisis.
Volkswagen did not name a successor, but said proposals on management appointments would be made to a full board meeting on Friday.
'Chinese are going bang, bang, bang building 30-35 reactors.' 'We should announce a programme of 50 new reactors and show that we mean business on the ground and not just announcements.'
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.
Petrol price was on Friday hiked by 75 paisa a litre and diesel by 50 paisa with effect from midnight tonight.
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.
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
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.
The new prices are effective from Sunday midnight.
The expert group was tasked to suggest a methodology for pricing of diesel and cooking fuel.
The fuel efficiency claim of this engine will be clode to 30 km/ltr.
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.
The company is engaged in developing diesel engines back in Japan.
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.
Petrol price hiked by 60 paise per litre, diesel by 50 paise.
The offer covers the Ritz, Swift, Swift Dzire and Ertiga, and is valid until May 24.
The increase in rates announced by oil firms is excluding state levies and the actual hike will be higher.
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.
Decrying the hike in diesel prices as "unjustified" action, Tamil Nadu Chief Minister J Jayalalithaa on Tuesday demanded its roll back and withdrawal of powers granted to oil companies to regulate fuel prices.
Delhi's 24-hour average air quality index (AQI) stood at 248 on Saturday.
State-owned fuel retailers, who control 95 per cent of the petrol pump sales, sell diesel at government-fixed rates, which are way lower than the cost of production.
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