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KIRIT PARIKH COMMITTEE
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...- Government exempting upstream cos from Q4 subsidy sharing is a major positive: RS Sharma, ONGCAfter a long time, I have heard a positive news on this front. It is a big comfort to ONGC, Oil India that they will not be required to sha...
- Oil Ministry to move Cabinet for reducing subsidy burden on ONGC, OILVivek Rae said the $40-42 per barrel net price realised by ONGC after paying for fuel subsidies, is barely enough to meet its costs.
- Government may do a rethink on monthly hike in diesel rates: NomuraAfter losses for the Congress party in the recent assembly elections, the UPA govt may do a rethink on the scheduled monthly 50 p a litre h...
- Kirit Parikh committee’s ideas are too ambitiousA committee set up by the government to look for ways to rationalise fuel prices has come up with its suggestions, some radical.
- Diesel prices need to be hiked by Rs 1/litre every fortnight: RS Sharma, ONGC'The issue of the trade parity should get implemented and that will at least address the sentiment of investors in the Indian Oil Corporati...
- Government to launch gas portal to track supply of cooking gasThe oil ministry will launch a portal on Friday that will record deliveries of cooking gas cylinders to households.
- Diesel prices should be decontrolledUnrevised retail prices by fiat have led to rising diesel consumption, misallocating resources and recklessly fretting away scarce budgetar...
- Differential taxation for diesel vehicles likely: JP MorganDifferential taxes viable as the government needs to reduce its oil subsidy bill its this year.
- God save the committee!Hopefully the Shymala Gopinath committee on small savings will be the last one.
- Oil price hike dilly-dallying on expected linesThe government’s decision to defer an inevitable fuel price hike is hardly surprising, considering that it hasn’t shown any inclination to ...
- Go light on oil PSU stocks, GAIL safest bet to play: EdelweissThe Empowered Group of Ministers will meet after market hours, to decide on Kirit Parikh Committee recommendations on deregulation of fuel ...
- Deregulation may improve valuationIndia's three oil marketing companies — Indian Oil, BPCL and HPCL — ended FY10 in black as the government doled out mega bucks generously i...
- Underrecoveries hinder OMCs' investor appealAlthough domestic oil marketers - Indian Oil, BPCL and HPCL - are currently using crude bought at an average of $75-78 per barrel level las...
- Oil marketing firms may get more compensationThe finance ministry may offer more compensation to state-owned oil marketing companies (OMCs) for selling fuel below cost this year, provi...
- Get ready for another round of fuel price hike in near futureConsumer to pay higher prices on petrol and diesel. Oil marketing companies get no relief. Petrol, diesel prices to increase from midnight ...
- Oil pack prices could go up further: Gajendra NagpalGajendra Nagpal says that the move to hike petrol and diesel prices is currently priced in.
- Kirit Parikh recommendations are aggressive: Ventura Securities LtdSubramanyam Pisupati, president, Ventura Securities Ltd, in a chat with ET talks about Kirit Parikh recommendations.
- Deregularisation to have positive impact OMCs: C JayaramET Now spoke to C Jayaram, ED, Kotak Mahindra Bank Ltd, to get his views on Kirit Parikh Committee report.
- Plan panel rejects proposal for joint energy regulatorThe Planning Commission has rejected the proposal of setting up a common regulator in the energy sector.
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