Indian Fuel Retailers Report Losses on Petrol and Diesel
Retailers are losing 100 rupees per liter on diesel and 20 rupees on gasoline. The government has no plans to raise prices to protect consumers from costs.
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India is maintaining its stance on domestic fuel pricing despite significant financial pressure on state-run retailers. According to Sujata Sharma, joint secretary in the oil ministry, fuel retailers are currently absorbing substantial revenue losses to keep consumer prices stable.
