Petrol prices willy-nilly have been decontrolled, but the plain fact is that retail prices of automotive fuel are thoroughly opaque.

His comments follow Chief Economic Advisor Kaushik Basu pitching for decontrol of diesel prices partially and "intelligently".

The govt is mulling fixing per litre subsidy on petrol and diesel, a move towards partial decontrol of motor fuel, to restrict subsidy bill...

Considering how much global crude prices have moved up since the last time retail prices were changed on December 1, there is no doubt that...

The government has reportedly asked economist Kirit Parikh for yet another report on how to lower the fuel subsidy burden on the exchequer.

What the govt needs to do is remove excise duty on petrol, while allowing decontrol of diesel prices and letting its price go up.

State-run oil companies will get together to fix the freed up petrol prices once a month, aiming uniform prices across the three firms’ pum...

Government should stop dithering and decontrol fuel prices.

A ministerial panel may on Monday decide on raising petrol and diesel prices by up to Rs 3.50 a litre and domestic LPG rates by Rs 25-50 pe...

FM has left the oil min little option other than to decontrol prices.

Oil & gas counters were in focus ahead of the Budget session on expectations of fuel price decontrol which could improve earnings of state-...

Free fuel pricing from the government’s control and provide direct subsidies to the poor to save them from the vagaries of the market, says...

Oil ministry officials say the decontrol of pump prices of petrol and diesel remains on the government agenda.

Budget 2009-10, that is expected to flag off some of UPA government’s big ticket reform programmes, may include a roadmap for decontrolling...

The shares of state-oil marketing companies such as Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporatio...

The new government may also withdraw dual pricing of kerosene and cooking gas and devise a plan to supply subsidised fuel directly to poor ...

The government has made its first move towards decontrolling natural gas prices by proposing to do away with the ceiling price binding on P...