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ONGC, Oil India stand to gain from new gas price mechanism: Analysts

The formula for the new gas pricing mechanism will include a floor and ceiling at $4 and $6.5 respectively. The ceiling will be kept in force for the next two years.
See diesel price hike once inflation lowers: Kirit Parikh

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.

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