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Oil firms demand subsidy for petrol losses

Press Trust Of India  |  New Delhi 

With losses on sale of petrol climbing to over Rs 7 a litre, state-owned have asked the government to either provide subsidy on the fuel or reduce excise duty. The current of Rs 65.64 per litre in Delhi is short of actual cost by Rs 8.60 a litre.

First Published: Fri, May 11 2012. 00:57 IST
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