Oct 18, 2014 at 20:07 | Source: Moneycontrol.com
The government on Saturday has fixed new gas price at USD 5.61 per million british thermal unit (MMBTU), increased from USD 4.2 per mmbtu earlier, reports CNBC-TV18. It also reduced diesel price by Rs 3.37 per litre following decline in global oil prices in last few days.
Jul 04, 2014 at 15:40 | Source: PTI
Sources said the ministry wants the CCPA to consider recommendations of an expert panel headed by former Planning Commission member Kirit S Parikh.
Jun 25, 2014 at 20:37 | Source: CNBC-TV18
Sudhir Vasudeva, former chairman of ONGC this deferment in natural gas pricing could be a temporary set back.
May 12, 2014 at 18:02 | Source: PTI
Sources said the Ministry had at the time of shelving the April hike stated that an expert committee headed by Kirit Parikh recommended that government provide a fixed subsidy of Rs 6 per litre on diesel and so there was no need to raise rates if the revenue losses were below this threshold.
Apr 02, 2014 at 17:53 | Source: CNBC-TV18
Oil marketing companies have scrapped the monthly diesel price hike, citing the Kirit Parikh committee recommendations. The committee had suggested capping the diesel under-recoveries at Rs 6 per litre.
Dec 13, 2013 at 19:42 | Source: PTI
The government-appointed Kirit Parikh committee suggested "immediately" hiking prices of diesel by Rs 5 a litre, Rs 4 per litre in kerosene and Rs 250 per cylinder in LPG, reducing annual entitlement of subsidised cooking gas cylinder to six from nine and phasing out diesel subsidy in one year to cut a record subsidy burden.
Nov 05, 2013 at 19:50 | Source: CNBC-TV18
Oil minister Veerappa Moily told CNBC-TV18 that his mission to save Rs 16,000 crore with his conservative plan is on track and with the cooperation of all the people in his ministry, things are going very well to his satisfaction.
Oct 31, 2013 at 13:02 | Source: Moneycontrol.com
Oil marketing companies are in focus as the Kirit Parikh report asks the government to free up diesel prices and not to tinker with the current pricing policy.
Oct 30, 2013 at 20:25 | Source: CNBC-TV18
The recommendations of a Rs 5 per litre hike in diesel price by the Parikh committee will protect the bottomline of the oil companies which is necessary for future energy security says SK Joshi
Oct 30, 2013 at 20:10 | Source: CNBC-TV18
Experts do not see Kirit Parikh panel recommendations materialise on the back of upcoming inflations and the current economic environment.