Narendra Modi reacts on diesel price hike


Narendra Modi reacts on diesel price hike

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Actors Akshay Kumar and Paresh Rawal on their upcoming movie OMG, Mumbai


Actors Akshay Kumar and Paresh Rawal on their upcoming movie OMG

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Smruti Irani attacks Rahul Gandhi and Congress


Smruti Irani attacks Rahul Gandhi and Congress

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Government hikes diesel price by Rs. 5 per litre


On Thursday, Government hiked prices of diesel by Rs. 5 per litre excluding VAT (value-added tax). This latest hike will partially help Hindustan Petroleum , Bharat Petroleum and Indian Oil Corporation recoup losses, say industry watchers. These state-run oil retailers lose around Rs 13-15 on sale of per litre of diesel and are approximately losing Rs 200 crore each day due to government-dictated sale rates.
The government has also announced restriction on supply of subsidized LPG cylinders to 6 in a year.

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