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Win some, lose some

Fuel price cut is good for consumers, but margin negative for oil companies

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Win some, lose some

Fuel price cut is good for consumers, but margin negative for oil companies

The government's decision to slash petrol and diesel prices from Thursday night is expected to substantially reduce auto fuel margins of oil marketing companies (OMCs).    image

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Why is recovery elusive?

For a broad-based economic recovery, the facilitators of growth need to turn positive

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