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How can diesel cost less than furnace oil?
May 25, 2012 at 10:51 | Source: CNBC-TV18
Costing less than furnace oil, current diesel prices are an anomaly that needs urgent correction. The extent of the absurdity is highlighted by the fact that in recent times many factories have switched to the `cheaper' diesel as substitute for furnace oil, which used to be the cheapest among crude oil distillates some years back.
Sporadic price hike in petrol likely tomorrow: Kirit Parekh
May 10, 2011 at 12:15 | Source: CNBC-TV18
Kirit Parekh, author of the report on fuel price deregulation, expects to see a fuel price coming out of tomorrow's EGoM meet.
Direct cash subsidy: Will it improve delivery?
Mar 03, 2011 at 16:42 | Source: CNBC-TV18
The governments decision to move towards direct transfer of cash subsidy for kerosene, LPG and fertiliser has been held by some as a major attempt to improve delivery and circumvent corruption but others have serious reservations. Beyond that there are also questions about whether a full-proof system can be put in place in a country like India.
ONGC submits new subsidy sharing proposal to Oil Ministry
Jan 17, 2011 at 17:02 | Source: Moneycontrol.com
Hoping to have a proper subsidy sharing mechanism in place before going to the market with its follow on public offer, ONGC has submitted a new subsidy sharing proposal to the oil ministry.
See diesel price hike once inflation lowers: Kirit Parikh
Jan 07, 2011 at 13:09 | Source: CNBC-TV18
The decision on diesel decontrol has been long standing. Kirit Parikh, Member, Planning Commission, Government of India said it was not possible to hike diesel prices now, when inflation figures are at an all time high.
Delighted Kirit Parekh reacts to EGoMs decision
Jun 25, 2010 at 17:30 | Source: CNBC-TV18
Economist, Kirit Parikh under whose guidance the committee submitted the recommendations said he was delighted that most of his committees major recommendations were accepted.

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How can diesel cost less than furnace oil?
Sporadic price hike in petrol likely tomorrow: Kirit Parekh
Direct cash subsidy: Will it improve delivery?
See diesel price hike once inflation lowers: Kirit Parikh
Delighted Kirit Parekh reacts to EGoMs decision
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How can diesel cost less than furnace oil?
Kirit Parekh, member of Planning Commission, the architect who suggested market-determined pricing for petrol, told CNBC-TV18 that diesel to cost less than furnace oil sends out wrong signal. He backs it up by citing the preference of the common ...
May 25, 2012 at 05:34 | Source: MoneyControl.com
UPA’s petrol bomb: Rs7.50 hike stuns allies, oppn, aam aadmi
"Looking at the falling rate of the rupee against the dollar, it is necessary that the government takes a bold decision to de-regulate the prices of fuel," said Kirit Parekh, former member of the Planning Commission of India. Parekh also headed the ...
May 24, 2012 at 03:40 | Source: Daily News and Analysis

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