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DIESEL DEREGULATION
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...
Diesel deregulation, gas price to have positive impact on oil companies: Fitch RatingsFitch expected the government to reduce this burden considering the low oil prices as well as lower under-recoveries following diesel dereg...
NDA constituents oppose deregulation of diesel pricesPMK founder S Ramadoss said diesel deregulation was a 'matter of concern' and that governments at the Centre have been keen on doing away w...
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...
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 ...
Why it's difficult to cut our diesel dependenceIndia's diesel dependence includes the transport industry -- which is a major known guzzler of the fuel -- all those who depend on diesel f...
Diesel deregulation: Need to look into dimensions of issue, says FM P ChidambaramChidambaram said that govt will have to look into various dimensions of the issue before taking any decision on deregulating diesel prices.
Government should free diesel prices and think innovatively to stem rupee slide, avert 1991 repeatFor centuries, as we have seen, crises have followed a pretty predictable path.Foreign investment flows into a country and helps fuel an as...
- Government should consider diesel deregulation: PMEAC Chairman C Rangarajan
Prime Minister's Economic Advisory Council Chairman C Rangarajan today said the government should consider decontrolling diesel prices.
- Political compulsions in way of diesel deregulation: Oil Minister S Jaipal Reddy
Reddy today said practical and political compulsions are deterring the government from freeing diesel pricing from its control.
- Deregulate diesel prices
There are very few things as contentious in India as the price of fuels, and finance minister Pranab Mukherjee knows that well.