People expressed their dismay as prices of petrol and diesel were hiked across the country. While petrol has become costlier by Rs 2.19 per litre, diesel prices were hiked by 98 paisa per litre.

Congress leader Ajay Maken on Monday slammed the recent price hike in petrol and diesel prices by 36 paise and 87 paise respectively in line with the global oil prices.

In an interview to an English-language weekly newspaper The Economist owned by the Economist Group Finance Minister Arun Jaitley replied to a question of job creation by saying job augmentation would not just happen with spike in growth numbers or would actually happen by funding unorganized sectors as theses sectors create the maximum jobs.

Indian Oil Corporation Ltd. has decided to slash diesel and petrol prices by Rs. 1.17 and Rs. 1.27 per litre respectively from midnight of 14th August /15th August, 2015.

People across India expressed happiness over central government's latest revision in fuel prices.

Union Minister for Petroleum and Natural Gas, Dharmendra Pradhan, said that the Iran nuclear deal will result in dropping of oil prices and will immensely benefit India.

The BJP's Ravi Shankar Prasad has demanded a rollback, accusing the Congress-led UPA government of burdening the common man through its "mismanagement of the economy". Video courtesy: NDTV

The government on Wednesday hiked the price of petrol by Rs. 7.50 per litre. The hike will be effective from Wednesday midnight Video courtesy: NDTV