{"id":266712,"date":"2019-03-27T07:25:34","date_gmt":"2019-03-27T07:25:34","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=266712"},"modified":"2019-03-27T07:29:07","modified_gmt":"2019-03-27T07:29:07","slug":"oil-psus-profitability-to-take-a-hit-if-govt-stops-fuel-price-revision-during-polls-moodys","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-psus-profitability-to-take-a-hit-if-govt-stops-fuel-price-revision-during-polls-moodys\/","title":{"rendered":"Oil PSUs profitability to take a hit if govt stops fuel price revision during polls: Moody\u2019s"},"content":{"rendered":"<p>Profitability of state-owned refiners such as Indian Oil Corp (IOC) may come under pressure if the government asks them to temporarily freeze the prices of petrol, diesel and other fuels ahead of general elections, Moody\u2019s Investors Service said on Tuesday.<\/p>\n<p>Before the Gujarat and Karnataka state elections, the government had asked oil companies to temporarily suspend the practice of adjusting the prices of petrol and diesel on a daily basis. \u201cGiven India\u2019s upcoming general election in April-May, we expect the refiners\u2019 profitability may come under pressure if they are asked by the government to temporarily freeze the prices of petroleum products,\u201d Moody\u2019s said in a report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Profitability of state-owned refiners such as Indian Oil Corp (IOC) may come under pressure if the government asks them to temporarily freeze the prices of petrol, diesel and other fuels ahead of general elections, Moody\u2019s Investors Service said on Tuesday. Before the Gujarat and Karnataka state elections, the government had asked oil companies to temporarily suspend the practice of adjusting the prices of petrol and diesel on a daily basis. \u201cGiven India\u2019s upcoming general election in April-May, we expect the refiners\u2019 profitability may come under pressure if they are asked by the government to temporarily freeze the prices of petroleum [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-266712","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/266712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=266712"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/266712\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=266712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=266712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=266712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}