Stories Tagged 'Fuel price hike'
Nepal Oil Corporation (NOC) has hiked price of petrol by Re1 per litre, diesel and kerosene each by Rs3 per litre and cooking gas by Rs25 per cylinder to be effective from Wednesday midnight.
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Nepal Students’ Union (NSU), the student wing of the main opposition, Nepali Congress (NC), on Friday staged a demonstration to protest against the price hike in petroleum products in Kathmandu.
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Nepal Students' Union (NSU), the student wing of main opposition Nepali Congress (NC), on Friday staged a demonstration to protest against the price hike in petroleum products in Kathmandu.
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Petrol and diesel prices touched a four-year high on Sunday after Nepal Oil Corporation (NOC) increased the rates, citing hike in the international market. This could become a big headache for the KP Sharma Oli government which has set a target of achieving 8 percent economic growth and keep the annual inflation in check.
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The state-owned Nepal Oil Corporation (NOC) on Saturday increased the prices of petrol, diesel and aviation fuel, two weeks after the last adjustment. The new rates will come into effect from Saturday midnight, the NOC said. The NOC has increased the price of petrol by Rs3 to Rs113 per litre. It has increased diesel and kerosene prices by Rs3 a litre, respectively. With the revision, diesel and kerosene will cost Rs95 per litre. Aviation fuel sold to domestic carrier has been increased by Rs5 to Rs100 per litre. Likewise, aviation fuel sold to international airlines has been raised by $75 to $1000 per kilolitres.
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Nepal Oil Corporation (NOC) has jacked up the prices of petroleum products. The revised rates will come into effect from Saturday midnight.
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