Diesel 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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No Reversal On Deregulation Of Petrol, Diesel Prices, Says Arun Jaitley
Government seeks to assure investors that it would not go back to regulating fuel prices, a day after oil company shares tumbled on concerns about a return to a regime that has hurt their profits in the past.
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Tata Nexon Petrol-Diesel Sales At 50-50, Says Mayank Pareek
The Tata Nexon has been a highly popular offering for the automaker, keeping up with the popularity of SUVs globally. The Nexon is also the first SUV from Tata Motors to be offered in both petrol and diesel engine options, and the company now says it has registered a 50:50 sales ratio for either versions. The deregulation of diesel made the fuel mo...
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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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Daily Fuel Price Revisions To Boost Oil Marketing Companies' Profit: Report
In a report, India Ratings on Monday said the move, effective May 1 in select cities, is another positive structural change in the downstream sector after petrol price deregulation in 2010, diesel de-regulation in 2014.
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Petrol, Diesel Prices Go Up As New Year Begins
Petrol price was hiked by Rs 1.29 per litre while diesel rate was increased by Rs 0.97 per litre. Revised prices will take effect from midnight.
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Petrol Price Hiked By Rs 1.29 A Litre, Diesel By Rs 0.97 A Litre From New Year
Fuel prices were last revised on December 16, when petrol was made more expensive by Rs 2.21 a litre while diesel was made dearer by Rs 1.79 per litre.
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Petrol Prices Could Touch Rs 80/Litre On Rising Global Oil Rates: Report
Apart from global oil prices, the value of the rupee as well as the margins of oil marketing companies and the various government levies determine the final price of petrol and diesel price in India.
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Petrol Price Cut By Rs 1 Per Litre, Diesel By Rs 2 Per Litre
Petrol and diesel prices are deregulated in India, which means they are linked to market rates.
-
Oil PSUs To Pay Royalty On Gross Price To Producing States
In a bonanza to oil producing states like Assam, the government has ordered state-owned Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) to pay royalty to them on the gross price for crude oil and not the net rate they actually realise.
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BPCL Hits Fresh Year High, Brokerages Bullish
After the government deregulated diesel prices and the fall in international oil prices, which has resulted in lower subsidy burden for selling LPG and kerosene below their market price, earnings visibility of the company has increased, analysts said.
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Petrol Price Cut by Rs 2.42/Litre, Diesel by Rs 2.25
This is the tenth cut in the price of petrol since August last, and the sixth in case of diesel since its deregulation in October.
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IMF Lauds India for Cutting Fuel Subsidy
The International Monetary Fund (IMF) has lauded India's efforts to cut fuel subsidies, saying the fall in global crude oil prices provides a golden opportunity to reduce energy subsidies.
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Reliance Industries Reopens Fuel Stations
Buoyed by diesel price decontrol, Reliance Industries Ltd (RIL) has reopened about one-fifth of its 1,400 fuel stations, which were shut down when state firms were selling heavily subsidised fuel.
-
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.
-
No Reversal On Deregulation Of Petrol, Diesel Prices, Says Arun Jaitley
Government seeks to assure investors that it would not go back to regulating fuel prices, a day after oil company shares tumbled on concerns about a return to a regime that has hurt their profits in the past.
-
Tata Nexon Petrol-Diesel Sales At 50-50, Says Mayank Pareek
The Tata Nexon has been a highly popular offering for the automaker, keeping up with the popularity of SUVs globally. The Nexon is also the first SUV from Tata Motors to be offered in both petrol and diesel engine options, and the company now says it has registered a 50:50 sales ratio for either versions. The deregulation of diesel made the fuel mo...
-
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.
-
Daily Fuel Price Revisions To Boost Oil Marketing Companies' Profit: Report
In a report, India Ratings on Monday said the move, effective May 1 in select cities, is another positive structural change in the downstream sector after petrol price deregulation in 2010, diesel de-regulation in 2014.
-
Petrol, Diesel Prices Go Up As New Year Begins
Petrol price was hiked by Rs 1.29 per litre while diesel rate was increased by Rs 0.97 per litre. Revised prices will take effect from midnight.
-
Petrol Price Hiked By Rs 1.29 A Litre, Diesel By Rs 0.97 A Litre From New Year
Fuel prices were last revised on December 16, when petrol was made more expensive by Rs 2.21 a litre while diesel was made dearer by Rs 1.79 per litre.
-
Petrol Prices Could Touch Rs 80/Litre On Rising Global Oil Rates: Report
Apart from global oil prices, the value of the rupee as well as the margins of oil marketing companies and the various government levies determine the final price of petrol and diesel price in India.
-
Petrol Price Cut By Rs 1 Per Litre, Diesel By Rs 2 Per Litre
Petrol and diesel prices are deregulated in India, which means they are linked to market rates.
-
Oil PSUs To Pay Royalty On Gross Price To Producing States
In a bonanza to oil producing states like Assam, the government has ordered state-owned Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) to pay royalty to them on the gross price for crude oil and not the net rate they actually realise.
-
BPCL Hits Fresh Year High, Brokerages Bullish
After the government deregulated diesel prices and the fall in international oil prices, which has resulted in lower subsidy burden for selling LPG and kerosene below their market price, earnings visibility of the company has increased, analysts said.
-
Petrol Price Cut by Rs 2.42/Litre, Diesel by Rs 2.25
This is the tenth cut in the price of petrol since August last, and the sixth in case of diesel since its deregulation in October.
-
IMF Lauds India for Cutting Fuel Subsidy
The International Monetary Fund (IMF) has lauded India's efforts to cut fuel subsidies, saying the fall in global crude oil prices provides a golden opportunity to reduce energy subsidies.
-
Reliance Industries Reopens Fuel Stations
Buoyed by diesel price decontrol, Reliance Industries Ltd (RIL) has reopened about one-fifth of its 1,400 fuel stations, which were shut down when state firms were selling heavily subsidised fuel.
