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DEREGULATE DIESEL PRICES
Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...- OMCs losing nearly ₹700 per domestic LPG cylinder despite price hike: GovtCooking gas prices have risen again. Oil companies are still losing about ₹700 on each domestic LPG cylinder. International prices are up d...
- ATF prices for international airlines slashed 27%; domestic rates unchangedInternational airlines see a significant 27 percent cut in jet fuel prices. Domestic carriers, however, continue to pay unchanged rates. Co...
- Oil companies' losses down to Rs 600 cr per day following fuel price hikesState-owned oil companies have seen their daily losses reduce to under Rs 600 crore. This comes after four rounds of petrol and diesel pric...
- Airlines plead with state-run oil majors to postpone jet fuel hikesIndian airlines are urging state-run oil refiners to postpone jet fuel price increases for domestic flights. This move aims to ease financi...
- India braces for more fuel hikes as Iran war forces Modi’s handConsumers in India are bracing for more fuel price increases. A recent modest hike in diesel and gasoline prices aims to ease the burden on...
- Yogesh Patil decodes why petrol, diesel prices may rise furtherIndia's oil marketing companies received a modest Rs 3 per litre fuel price hike, which analysts say is insufficient to cover daily losses....
- Fuel price hike may become inevitable amid rising crude stress: MK SuranaIndia's oil marketing companies face escalating under-recoveries due to persistent crude oil supply disruptions and an uncertain global mar...
- Decontrol oil prices and replace cross-subsidies with targeted DBTs for needy householdsDuring recent global crude price volatility linked to West Asia tensions, retail fuel prices in India remained largely unchanged, unlike in...
- Fuel price freeze: Rs 18/litre loss on petrol, Rs 35 on dieselState-owned fuel retailers IOC, BPCL and HPCL face widening losses of Rs 18 per litre on petrol and Rs 35 on diesel as prices remain frozen...
- India caps refinery margins after windfall export tax to cushion fuel lossesIndia has capped refinery margins to manage losses on domestic fuel sales. This follows a windfall tax on fuel exports. The move aims to ba...
- India OMCs to pay discounted rates to refiners amid fuel price freezeIndian state-owned oil companies have decided to reduce the prices they pay refineries for petrol, diesel, and other fuels. This proactive ...
- Diesel deregulation to benefit consumers, says Essar Oil"Diesel deregulation will also bring the private OMC retail network into system. This will increase competition, benefiting the end consume...
- Deregulated diesel will have cascading effect on inflation: CPI"Earlier, the Congress did away with the administered price mechanism and deregulated petrol prices and now the BJP has deregulated diesel ...
- Deregulate diesel prices, nowThe reported underpricing in retailing diesel, by far the most-used petroleum product, is now Rs 10.22 per litre and counting.
- Diesel price deregulation may lead to hike in bus fares: India Ratings & ResearchState road transport corporations will have to raise fares by over 18 per cent to make up for the recent diesel price deregulation
- RBI asks government to deregulate diesel pricesThe central bank further said the current levels of domestic prices of petroleum products do not reflect international prices.
- Deregulate diesel pricesThere are very few things as contentious in India as the price of fuels, and finance minister Pranab Mukherjee knows that well.
- Diesel price hike decision on December 22The government will take a decision on diesel prices on December 22 as oil firms are losing revenue of Rs 4.80 a litre because global crude...
- EGoM should decide on diesel price deregulation: OfficialIOC, HP and BP currently sell diesel at Rs 4.71/lt discount to its imported cost. If diesel rates are deregulated that is the amount by whi...
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