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Oil firms flinch at Rs 7,500crore subsidy squeeze

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Pradeep Puri New Delhi
Last Updated : Jan 28 2013 | 2:05 AM IST
 The four state-owned oil marketing companies will take a Rs 7,500 crore hit on their bottomlines in the current financial year because of the non-revision of retail prices of domestic liquefied petroleum gas (LPG) and kerosene sold through the public distribution system (PDS).

 The under-recoveries of oil companies

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First Published: Jul 29 2003 | 12:00 AM IST

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