Categories: Business

Middle East conflict burns Indian oil firms: Rs 30,000 crore monthly hit to keep fuel prices stable

India’s state-run oil companies are absorbing nearly Rs 30,000 crore in monthly losses to maintain stable petrol, diesel, and LPG prices amidst soaring global energy costs. This financial burden arises from crude oil price surges and supply disruptions in West Asia, with the government prioritizing consumer protection.

The News Vista

Share
Published by
The News Vista

Recent Posts

Open Channels FM: Major Updates with Version 5.0 and New Developments at Open Channels FM

Open Channels FM launched version 5.0, featuring new shows, enhanced navigation, and updated content focus,…

2 hours ago

In Photos: The Making Of Ganesha Idols Ahead Of Chaturthi – Outlook India

In Photos: The Making Of Ganesha Idols Ahead Of Chaturthi  Outlook India

2 hours ago

Paramount’s 2,700-acre movie ranch nears $26m rebuild after wildfire

Paramount Ranch in California, a historic Hollywood filming site, is being rebuilt nearly eight years…

2 hours ago

Satellite images show major construction surge at Iran’s Pickaxe nuke site amid US war

Construction activity has significantly increased at Iran's underground Pickaxe Mountain nuclear site this year. The…

2 hours ago

Watch: Thar goes on rampage in Bhopal, smashes cars as women, kids flee

A Thar SUV caused panic in Soumya Fortune Heritage colony on Tuesday night. The vehicle…

2 hours ago