SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

No need to change dynamic pricing regime: Dharmendra Pradhan

05 Sep 2017 Evaluate

Petroleum Minister Dharmendra Pradhan has denied any change in the oil pricing mechanism and said that there is no need to change dynamic pricing regime. The petrol prices have gone up by over Rs 6 per litre since the scheme was introduced pan-India from mid-June. Under dynamic pricing regime, prices of transport fuels are revised daily. He said that it is in the interest of consumers and added that dynamic pricing ensures that the benefit of even the smallest change in international oil prices can be passed down the line to the dealers and the end-users.

Pradhan has said that daily revision in prices is good. He also said that when they started daily revisions on June 16, rates dropped in the first fortnight. Thereafter, it has increased mainly because of rise in global oil prices. Earlier, the state-run oil marketing companies used to review and revise retail fuel prices every fortnight on the basis of global crude oil prices, while the revision took effect from midnight.

Since daily revision was implemented, petrol prices have increased by Rs 6.60 to reach Rs 69.66 a litre in Delhi, while that of diesel have risen by Rs 4.02 to Rs 57.38. Petroleum products do not come under Goods and Services Tax (GST) and prices vary at locations according to state taxes. Besides, dynamic fuel pricing is followed in many developed countries and India opted for it as a response to the recent volatility in global crude oil prices.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: