-The Times of India The government on Thursday approved a steep hike on diesel price in a politically risky move to rein in the fiscal deficit. The cabinet committee on political affairs approved the hike in a meeting at the Prime Minister's residence. The price of diesel is hiked by Rs 5. However, the price of PDS kerosene and petrol were left unchanged. The panel also restricted the number of subsidized LPG...

-NDTV The Congress is not in favour of a petrol price hike anytime soon, sources have told NDTV. The party's core group met this evening and discussed the issue, sources said. Oil Minister Jaipal Reddy, who is not a part of the core group, was also present at the meeting. Just a few hours, before the meet, Mr Reddy had said the "painful duty" of a hike in fuel prices cannot be...

-The Times of India State-owned oil marketing companies (OMCs) are all set to increase price of petrol by Rs 5 a litre with effect from Saturday, while the prices of diesel, cooking gas and kerosene will be increased next week once Congress president Sonia Gandhi returns after her medical checkup on September 10. A cabinet note on increasing the prices of sensitive petroleum products like diesel, cooking gas and kerosene has already...

-The Hindustan Times It is a matter of great concern that a large number of Indians still rely on inefficient and unhealthy energy sources. Approximately 80% of Indians cook and heat their homes with biomass fuels —largely wood and animal waste. This has a tremendous negative impact on people's health and the environment. Experts estimate that about 3.5% of India's total disease burden can be attributed to indoor air pollution resulting...

-The Economic Times MUMBAI: Soaring diesel consumption by fleet owners, telecom companies to keep their towers running and malls to pamper their affluent customers is blowing up the theory that continuation of diesel subsidies is intended to help farmers and truckers in order to keep inflation low. Diesel consumption is growing at a rapid pace that is lining the pockets of the business community rather than the government's intention to help poor...