This is the first time that IOC has booked losses in two straight quarters...

The per-litre price of petrol has been increased by Rs 14.85...

The decision was taken by the state fuel entity Ceylon Petroleum Corporation...

According to a Bloomberg report Centre would meet the shortfall through additional market borrowings...

'States are getting very little by way of share of duties on petrol and diesel'...

Restaurants cite rise in prices of ingredients, war and Covid...

Separate teams of officers visited Gariahat, Maniktala and a few other markets and spoke to retailers as well as to customers...

Rising cost of diesel has forced several bus and minibus owners to stay off the roads...

Rising fuel prices have a spiralling effect on the price of every other item, mainly because of higher transportation costs...

Soaring prices of fuel and other essential commodities have pushed many to the brink and they have no option but to grin and bear...