Economy · India
Indian oil companies face significant losses, fuel prices may rise
Three major Indian public sector oil companies, HPCL, BPCL, and IOCL, are reportedly facing a combined loss of ₹47,700 crore in the first quarter. This substantial deficit is attributed to market conditions and could lead to an increase in petrol and diesel prices for consumers.
How outlets across the spectrum covered it
Left 0 · Centre 2 · Right 0 n = 2
- Centre (2): Hindustan (Hindi), Navbharat Times