OMCs still under-recovering Rs 750 crore daily on petrol, diesel and LPG: Govt

By Neha Kumari4 minutes ago

New Delhi: Oil marketing companies are under-recovering Rs 750 crore a day on the sale of petrol, diesel and domestic LPG cylinders below market prices, govt said on Monday.

Before the price of petrol and diesel was raised by Rs 3 per litre late last week, the under-recoveries incurred by OMCs were estimated at Rs 1,000 crore a day.