Oil situation

Oil marketing companies selling petrol at Rs 14 a litre loss, diesel at Rs 18: Icra

Icra estimates LPG under-recoveries could reach Rs 80,000 crore in FY2027, if current trends persist, while the fertiliser subsidy burden is projected to rise to Rs 2.05-2.25 lakh crore, above the budgeted Rs 1.71 lakh crore.

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