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Oil slick03-JUL-09
Petroleum product prices usually get hiked shortly before the Budget is presented, and the government has been true to form in announcing the hard decisions ahead of the big day, so that the finance minister can be considerate when it comes to taxation. The price hike this time is larger than usual, but leaves out what are considered the more politically sensitive segments, kerosene and cooking gas; these of course happen to be responsible for the bulk of the petroleum sector’s subsidies.
A K Bhattacharya: Populism, prudence and pragmatism31-DEC-08
Urban middle-class India is in a celebratory mood. The United Progressive Alliance (UPA) regime at the Centre is all set to reduce petroleum product prices once again.
Editorial: Bottom of the barrel26-AUG-08
The proximate reason for the hike in petroleum product prices last month was the likelihood of shortages in these products, as cash-strapped oil firms ran out of money to import crude.
Windfall Tax debate28-JUL-08
Past few weeks has witnessed debate amongst policy makers, economists, and political fraternity alike on justification for levy of windfall tax on oil and gas businesses. It is important for the
Ajay Shah: Fix both distortions at once16-JAN-08
Distortions in the rupee-dollar exchange rate and petroleum product prices should be eased.
Friday meet may not see hike in petro prices30-AUG-06
Petroleum product prices are unlikely to be hiked at the upcoming meeting on price review of petroleum products on September 1.
Govt to review petroleum product prices on Sept 119-AUG-06
The government will review retail prices of petroleum products on September 1.
Price hike not a healing touch07-JUN-06
The vociferous opposition from within the UPA for large hikes in petroleum product prices has made it difficult for the government to effectively solve the problems of the petroleum sector.
T N Ninan: Beyond oil26-MAR-05
Among the things that can upset Indias economic apple-cart is oilwith some forecasters (including leaders of Indias own oil industry) talking of prices reaching the stratospheric $75 per barrel.
Domestic oil price review in 15 days03-MAR-04
The domestic oil companies would review petrol and diesel prices if the rise in international crude and petroleum product prices continued for a fortnight, an executive at an oil refining firm said.
Domestic oil price review in 15 days03-MAR-04
The domestic oil companies would review petrol and diesel prices if the rise in international crude and petroleum product prices continued for a fortnight, an executive at an oil refining firm said.
No Plans To Hike Petroleum Product Prices Immediately19-MAY-01
No Plans To Hike Petroleum Product Prices Immediately19-MAY-01
  
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