#mehangai news - Reliance, Essar's fuel-retail operations have gained from deregulation

LivemintReliance, Essar's fuel-retail operations have gained from deregulationLivemintHistorically, diesel was sold at subsidised prices in India, with the government compensating the OMCs later. Private fuel marketers received no such subsidy, and were thus edged out of the market when crude oil prices climbed as high as $150 a barrel ...Consumers don't gain but crude oil slump boosts state-run fuel retailers, govtTimes of Indiaall 4 news articles »

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