NEW DELHI: Soon, petrol price could move daily just like in the US, Europe and Brazil. The oil ministry is pushing state-run fuel retailers to revise the price every day in tune with international rates and the rupee's value against the greenback.

Top government sources said the idea is being discussed at the top level of the ministry and the brass of fuel retail companies. idian oil corporation the country's largest fuel retailer, has been tasked to draw up a note on the concept.