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DEREGULATION OF PETROL
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...
- Diesel & petrol prices likely to be cut by Rs 2.50/litre ahead of assembly electionsThis will be the sixth consecutive reduction in petrol prices since August and the first cut in diesel rates after the government deregulat...
- No plan to decontrol diesel prices, says S Jaipal ReddyOil Minister S Jaipal Reddy today said the government is not contemplating decontrol of diesel prices and admitted to “some kind of ” disco...
- Government not looking at diesel price decontrol: Reddy"As of now, we are not contemplating deregulation of diesel prices," Reddy told reporters on sidelines of 7th Asia Gas Partnership Summit.
- No more new petrol pumps until diesel prices deregulated: RILReliance Industries said it will look at opening more petrol pumps only when retail prices of diesel are deregulated as freeing up petrol p...
- Deregulation of fuel prices should be scrapped: CPI(M)Urging the Centre to scrap the deregulation of petrol prices, Jammu and Kashmir unit of the CPI(M) on Wednesday said here that the recent h...
- CPM wants APM for petrol backWith public sector oil companies increasing petrol prices twice over the past month, CPM has asked the Manmohan Singh government to scrap d...
- Relaince re-opens fuel retail network across keralaReliance Industries Limited (RIL) announced that it has re-opened its extensive fuel retail network across Kerala.
- Government may decontrol petrol pricePetrol price will go up Rs 3.73 a litre if domestic prices are aligned with international rates. Mid-term picks | Gainers, losers & recos |...
- Fuel price may be cut in Feb, post-deregulationFurther cuts in petrol and diesel prices may happen only in February with the government planning to link those with an imminent deregulati...
- Petrol prices may be linked to international crude ratesThe government is believed to be considering decontrolling petrol prices, a move that may see rates being hiked by Rs 16-17 a litre, but di...
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