For the past few years, the common man wakes up with the simple question at the back of his mind. How will he manage to shore his monthly finances in an scenario where prices of every commodity is racing ahead of his income. Into this cauldron the Manmohan Sin...
Reacting to DMK's threat to pullout from UPA over petrol price hike, BJP spokesperson Rajiv Pratap Rudy says that the party should do so if they care for the people.
The Mumbai High Court issues notices to Centre, Finance Secretary and Petroleum Ministry, demanding an explanation for the steep hike in petrol prices.
Oil Minister Jaipal Reddy claims that the government had no option but to hike petrol prices because of the devaluation of rupee and increasing cost of crude oil.
TMC chief Mamata Banerjee threatens the government saying that her party will hit the streets and stage an agitation if the petrol prices are not reduced.
Oil Minister Jaipal Reddy, who has been asked to cut short his Turkmenistan visit, is set to meet UPA chief Sonia Gandhi to explain why the petrol hike was necessary.
Petroleum Minister Jaipal Reddy has been summoned back to India from Turkmenistan, a day before he was supposed to return, to defend the petrol price hike.
RS Butola, chairman of Indian Oil Corporation, remarks that the oil companies had no option but to hike the fuel prices and may cut it down if global crude cost comes down.
Indian Oil Corporation's Chairman RS Butola says oil companies had no option but to hike the fuel prices and may cut petrol prices if global crude prices drop.
CPI(M) General Secretary Prakash Karat says the party will hold nationwide protests to put pressure on the Government to rollback the steep hike in fuel prices.
With rupee depreciation leading to jump in oil import bill, the state-owned firms hiked the prices of petrol by Rs 7.50 a litre, says Lalu Prasad Yadav.