2025-07-02Niranjan Ghatule
India's oil marketing companies like HPCL, BPCL, and IOC are set to receive a major boost as Petroleum Minister Hardeep Singh Puri indicates that LPG under-recovery compensation may soon be released. After years of mounting losses and no subsidy support since FY22, the expected ₹3,000–₹3,500 crore compensation, along with recent LPG price hikes, could significantly improve their financial position
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