Diesel Price Deregulation
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Fuel Price Cut By Oil Firms One-Time Move: Official
The petrol and diesel price cuts made earlier this month by state-run oil marketing companies was a "one-time measure", and the government has no intention of reversing the deregulation of the oil market, a Finance Ministry official said here on Thursday.
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As Milk Prices Go Up, Bihar Links Hike To New Tax Regime, Diesel Prices
Even before Nitish Kumar returned to the NDA last month, the Bihar Chief Minister had been supportive of the BJP-led national coalition's decisions like the Goods and Services Tax, or GST, and deregulation of diesel prices. But that didn't stop his government on Thursday from holding the new tax regime and higher diesel prices responsible for a hik...
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Petrol, Diesel Prices Hiked. Where To Check Rates
Petrol and diesel are deregulated in India, which means they are linked to market rates.
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Petrol & Diesel Prices Likely to Dip Further in India
Following the recent multiple reductions in petrol rates and deregulation of diesel prices last month, fuel consumers can look forward to more price cuts as Brent crude oil Tuesday fell to its lowest in four years at $82 a barrel after Saudi Arabia cut sale prices to the US.
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Diesel Deregulation: Return of Private Retailers & a Price War?
India's scrapping of diesel price controls opens the door for private sector refiners to return to a domestic retail market from which they have been excluded for years because they could not compete with state firms.
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Diesel Prices Deregulated, Fall by Nearly Six Per Cent
The Narendra Modi government deregulated diesel prices today, tying it to the global oil prices. The move will result in an immediate price cut -- a first in five years.
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Narendra Modi Government Deregulates Diesel Prices
The Union Cabinet met this evening to discuss the deregulation of diesel prices, sources told NDTV. Deregulation would mean the prices of diesel will move as per market flow - just like petrol. It would also ease the government's subsidy burden.
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Diesel Prices Might Drop By Rs 2.50/litre After State Polls
A Rs 2.50 per litre cut in diesel prices and a little less than Re 1 a litre on petrol is in offing as international oil rates fell to a 27-month low. Prices may be cut after Maharashtra and Haryana assembly elections are completed on October 15.
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Decision on Diesel Deregulation After State Polls
India will decide on whether to end government control of diesel pricing after elections in two states next month, an oil ministry source said. India currently controls prices with subsidies under a scheme originally intended to help the poor and rein in inflation.
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Diesel price hike, LPG cap: DMK asks Centre not to invite wrath of the poor
Disapproving the Centre's diesel deregulation move, UPA's key ally DMK on Friday demanded that the government reconsider it and raise the subsidised LPG cylinder cap to 12 from the proposed nine. It also asked the Centre not to invite the wrath of the poor on cooking gas.
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Diesel price may be hiked by 50 paise per litre per month; petrol prices cut by 25 paise
In a bold reforms decision, the government today partially deregulated diesel price allowing a hike of 40-50 paise a litre per month for retail customers and nearly Rs 11 for bulk consumers, a step that is feared will have a cascading effect on inflation.
-
Fuel Price Cut By Oil Firms One-Time Move: Official
The petrol and diesel price cuts made earlier this month by state-run oil marketing companies was a "one-time measure", and the government has no intention of reversing the deregulation of the oil market, a Finance Ministry official said here on Thursday.
-
As Milk Prices Go Up, Bihar Links Hike To New Tax Regime, Diesel Prices
Even before Nitish Kumar returned to the NDA last month, the Bihar Chief Minister had been supportive of the BJP-led national coalition's decisions like the Goods and Services Tax, or GST, and deregulation of diesel prices. But that didn't stop his government on Thursday from holding the new tax regime and higher diesel prices responsible for a hik...
-
Petrol, Diesel Prices Hiked. Where To Check Rates
Petrol and diesel are deregulated in India, which means they are linked to market rates.
-
Petrol & Diesel Prices Likely to Dip Further in India
Following the recent multiple reductions in petrol rates and deregulation of diesel prices last month, fuel consumers can look forward to more price cuts as Brent crude oil Tuesday fell to its lowest in four years at $82 a barrel after Saudi Arabia cut sale prices to the US.
-
Diesel Deregulation: Return of Private Retailers & a Price War?
India's scrapping of diesel price controls opens the door for private sector refiners to return to a domestic retail market from which they have been excluded for years because they could not compete with state firms.
-
Diesel Prices Deregulated, Fall by Nearly Six Per Cent
The Narendra Modi government deregulated diesel prices today, tying it to the global oil prices. The move will result in an immediate price cut -- a first in five years.
-
Narendra Modi Government Deregulates Diesel Prices
The Union Cabinet met this evening to discuss the deregulation of diesel prices, sources told NDTV. Deregulation would mean the prices of diesel will move as per market flow - just like petrol. It would also ease the government's subsidy burden.
-
Diesel Prices Might Drop By Rs 2.50/litre After State Polls
A Rs 2.50 per litre cut in diesel prices and a little less than Re 1 a litre on petrol is in offing as international oil rates fell to a 27-month low. Prices may be cut after Maharashtra and Haryana assembly elections are completed on October 15.
-
Decision on Diesel Deregulation After State Polls
India will decide on whether to end government control of diesel pricing after elections in two states next month, an oil ministry source said. India currently controls prices with subsidies under a scheme originally intended to help the poor and rein in inflation.
-
Diesel price hike, LPG cap: DMK asks Centre not to invite wrath of the poor
Disapproving the Centre's diesel deregulation move, UPA's key ally DMK on Friday demanded that the government reconsider it and raise the subsidised LPG cylinder cap to 12 from the proposed nine. It also asked the Centre not to invite the wrath of the poor on cooking gas.
-
Diesel price may be hiked by 50 paise per litre per month; petrol prices cut by 25 paise
In a bold reforms decision, the government today partially deregulated diesel price allowing a hike of 40-50 paise a litre per month for retail customers and nearly Rs 11 for bulk consumers, a step that is feared will have a cascading effect on inflation.
