Deregulation

Nageswaran said the government is expecting ramp up in private sector spending data with fiscal prudence and stability, ease of doing business as building blocks

Centre moving quickly on deregulation norms to enhance ease of business for India Inc

Measures to improve ease of business include fast-tracking of a high-level committee on regulatory reforms, simplifying FDI rules and further decriminalisation of minor offences, it is learnt.

The Art of Letting Go: Why deregulation is a mark of state maturity

A mature state is not defined by how much it regulates, but by how wisely it chooses when to regulate—and when to step back. India’s next leap in governance requires regulatory vigilance, institutional humility, and the courage to retire what no longer serves, the authors observe in this article

US 10-year yield: Trump 2.0’s favourite metric – What it means for the markets

While lower treasury yields are positive for USD/INR & Indian equities, there is a risk that if trade/investment related uncertainty extends equity markets can be negatively impacted

MC Interview |In signal to India Inc, DEA secy says need infra investment of up to 8% of GDP every year

Ajay Seth agrees that there is a message in the Budget for the Indian industry to increase investments as well as proposals to facilitate it via public-private partnerships

Deregulation, better hiring, salary by India Inc key to boost urban consumption, says CEA Nageswaran

His comments come at a time when there are concerns around a more pronounced slowdown in India’s urban consumption evident from lower sales of passenger vehicles and other key macroeconomic data points.

Economic Survey calls for 'systematic deregulation' to spur growth, innovation

The survey emphasised that the path to further industrialisation hinges on deregulation, R&D, and upskilling the workforce. "A strong commitment to R&D should be ingrained in industry’s core values, as it is essential for global competitiveness and profitability," it added.

Deregulation a big theme for upcoming Economic Survey, says CEA Nageswaran

Nageswaran said that deregulation is required at the state and local governments level to boost the participation of female workforce

New Gas Pricing Formula: CNG, piped gas prices to be cut but no clarity on deregulation

The government tinkered with the recommendation of a USD 0.50 per mmBtu annual increase till full deregulation in 2027.

Industry welcomes deregulation of locally produced oil

The government on June 29 allowed firms like ONGC and Vedanta to sell locally produced crude oil to any Indian refinery for turning it into fuels such as petrol and diesel.

Trump reforms: Banking deregulation gets centre stage as US Fed undergoes rejig

With the exit of US Fed Vice Chair Stanley Fischer, it creates four vacancies in the 7-member board of governors in Federal Reserve and gives enough leeway to President Trump to work on his banking reforms.

Crude reality: Low oil prices spell little cheer for common man

On September 1, petrol price was hiked by Rs 3.38 per litre and diesel by Rs 2.67 per litre which was followed by another price revision yesterday, where petrol was up Rs 0.58 per litre and diesel saw a marginal cut of Rs 0.31 paise.

Joseph Stiglitz backs Hillary to be the best US president

Joseph Stiglitz, Former Chief Economist at World Bank and Professor at Columbia University, believes that Hillary Clinton would be the best US President not only for India but for the whole world.

No gamble this: Despite doubling, OMC stks may run further

In an interview with CNBC-TV18‘s Sumaira Abidi and Reema Tendulkar, Edelweiss oil & gas analyst Jal Irani shared details of the firm‘s latest report on shares of oil marketing companies.

Oil firms will decide on price revision: Pradhan

As per the practice of revising rates every fortnight, state fuel retailers were expected to announce a cut in petrol and diesel prices yesterday as global rates had fallen by about 4 per cent. However, they skipped the revision.

OMCs unlikely to make windfall gains via hike: Ex-ONGC CMD

In an interview to CNBC-TV18, RS Sharma, Former CMD, ONGC, and Kirit Parikh Ex-Head, Fuel Decontrol Panel & Former Member, Planning Commission, discuss on the implication of hike in excise duty of petrol and diesel.

Why actual fuel de-control still does not exist in India

As an editorial in the Business Standard points out today, the government‘s move to hike excise duty on petrol and diesel twice in the past 15 days and the OMCs‘ decision to not pass on the hike to consumer reeks of lack of freedom.

Oil cos, govt may split LPG subsidy sharing 50:50

Sources say the PMO has already agreed to share the subsidy burden 50:50 and taking this forward, the oil ministry is now arguing that the same rationale should be applied for diesel and kerosene.

IOC's credit profile to improve, says Moody's

IOC's second quarter earnings were weak "because of lower refining margins and inventory valuation losses," Moody's Investor Service said in a report.

Despite crude fall, fuel subsidy zooms 35% to Rs 188 cr/day

Losses on sale of subsidised fuel have risen by 35 percent to Rs 188 crore per day even though oil firms have been losing less on LPG and kerosene because of fall in international oil rates.

IOC cuts petrol price by Rs 2.4/ltr, diesel by Rs 2.25/ltr

Indian Oil Corporation announced it would cut the retail price of petrol by Rs 2.41 per litre (in Delhi) and of diesel by Rs 2.25 per litre, with effect from midnight of October 31/November 1. The new price of petrol in Delhi would be Rs 64.24 per litre while that of diesel would be Rs 53.35 per litre.

Diesel deregulation a theoretical question now: DK Sarraf

DK Sarraf, CMD, ONGC feels deregulation of diesel is a theoretical question now, given that diesel under recovery stands at 8 paise a litre only. Some reforms are anticipated on the LPG front too.

Will diesel price deregulation drive re-rating for OMCs?

Sudhir Vasudeva, former chairman and managing director of ONGC says cost of gas production needs to be raised from USD 4.4 mmBtu soon. He believes gas pricing is the biggest issue faced by oil and gas companies now and an increase in prices is a must at this point.

Crude below $100/bbl may hasten diesel price decontrol

After consolidating for a few days, crude prices today fell below the key USD 100 per barrel mark, giving rise to expectations that given the recent stability the rupee has witnessed, diesel prices may finally get linked to the market.