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Historic low: Diesel under-recovery declines steeply to 8p/l, deregulation imminent

Sep 01, 2014

Historic low: Diesel under-recovery declines steeply to 8p/l, deregulation imminent

Under-recovery or the gap between retail selling price and the cost of import has dipped to 8 paisa a litre, helped by the monthly increases and softening in international oil rates #India #Pranab Mukherjee #UPA #LPG #Diesel #retail #Kerosene #NDA #Deregulation #import #under recovery
Diesel deregulation: Subsidy payouts for ONGC, Oil India to almost halve

Aug 27, 2014

Diesel deregulation: Subsidy payouts for ONGC, Oil India to almost halve

While the government had freed petrol price from its control in June 2010, it had started a phased deregulation of diesel rates in January last year with up to 50 paise a litre increase in rates every month. #India #Pranab Mukherjee #UPA #oil #ONGC #Arun Jaitley #LPG #Diesel #Budget #VAT #NDA #Deregulation #cylinder #Cabinet Committee on Political Affairs
As global oil prices fall, Oil Min to approach Cabinet on deregulating diesel prices

Aug 23, 2014

As global oil prices fall, Oil Min to approach Cabinet on deregulating diesel prices

The Oil Ministry will approach the Cabinet regarding a possible deregulation of domestic diesel pricing as local prices could soon reach parity with global levels. #Reliance Industries #Oil Ministry #Cabinet #Diesel #Essar #Deregulation
Diesel prices to be fully deregulated in two months: Moily

Dec 20, 2013

Diesel prices to be fully deregulated in two months: Moily

The government would have achieved complete deregulation of diesel earlier but for the sharp currency depreciation during the year, the Union minister said. #Economy #India #Indian Oil #Veerappa Moily #Diesel #PolicyWatch #Hindustan Petroleum #Bharat Petroleum #Deregulation