Why Indian petrol prices are so high despite lower crude prices? Part-2

Three years after deregulation, petrol prices still seem to be in the control of the government. Last week, this paper pointed out that the fall in prices of petrol and diesel is less than that of the Indian crude basket.

Jayalalithaa slams deregulation of diesel prices

Slamming Centre`s move to deregulate diesel prices, Tamil Nadu Chief Minister Jayalalithaa said it would increase prices of commodities as oil companies have been authorised to revise prices.

Additional burden on common man: Prakash Karat

Deregulation of diesel prices will put additional burden on common man, CPI(M) general secretary Prakash Karat said here on Thursday.

`Free auto fuel pricing, up LPG rate by Rs 100/cylinder`

A govt panel on fuel pricing has recommended freeing retail pricing from regulation.