New Delhi: An Indian Institute of Management (IIM), Ahmedabad, study on the oil sector has suggested radical reforms, including complete deregulation, where private and public sector firms are free to price fuel as they deem fit.

LARGE-SCALE MISUSE OF Rs 54,000-CRORE SOP IS HURTING PUBLIC SECTOR OILCOS

Kirit Parikh-led committee to suggest measures to reduce kerosene & cooking gas subsidies, and also ascertain whether they reach the poor

Subhash Narayan & Rajeev Jayaswal NEW DELHI

New Delhi: The Cabinet is to revisit on Thursday the proposal to introduce 10% ethanol

The baton for resolving petroleum subsidy woes has been handed

NEW DELHI: Petroleum and Natural Gas Minister Murli Deora has written to Chief Ministers of all States to rationalise the tax structure on petrol and diesel and do away with the ad valorem component of excise duty to protect the interests of consumers.

Mr. Deora pointed out the high tax on petroleum products, particularly petrol and diesel.

NEW DELHI: Criticising the government for

Although in favour of permitting partial deregulation of petrol and diesel pricing, Prime Minister Manmohan Singh today went with the Congress party decision to keep retail prices under check with the increase in petrol limited to Rs 4 per litre and diesel, Rs 2 per litre.

white tigers detained: Pakistan

New Delhi: The government may increase the price of petrol by Rs 2 a litre and that of diesel by Re 1 per litre unless excise duty on the two fuels are cut to neutralise the impact of firming international oil rates.