As politics shapes policy, India's private fuel retailers run on fumes

A quasi-administered price regime and the imposition of Universal Service Obligations are complicating their business plans


Photo: iStock

Most businesses go through cycles that are the result of market forces. But the fuel retailing business in India has endured cyclical changes that have more to do with variable

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First Published: Jun 22 2022 | 5:07 PM IST

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