Tag
India's state-run oil-marketing companies are losing ₹30,000 crore per month on petrol, diesel, and LPG sales, a Union Petroleum Ministry official said. Losses continue despite a government cut in export duties, raising pressure on OMC balance sheets and fuelling speculation over a price revision or direct fiscal
India's petroleum ministry has denied any proposal to raise petrol or diesel prices from May 1. The denial follows panic buying and long queues at fuel stations driven by post-election hike speculation. No revised timeline for a price change has been indicated.
Tag
India's state-run oil-marketing companies are losing ₹30,000 crore per month on petrol, diesel, and LPG sales, a Union Petroleum Ministry official said. Losses continue despite a government cut in export duties, raising pressure on OMC balance sheets and fuelling speculation over a price revision or direct fiscal
1mo ago · 2 min · Markets
India's petroleum ministry has denied any proposal to raise petrol or diesel prices from May 1. The denial follows panic buying and long queues at fuel stations driven by post-election hike speculation. No revised timeline for a price change has been indicated.
2mo ago · 1 min · Policy & Government
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