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Petrol, Diesel Prices: 'India's Fuel Rates Have Not Violated Global ...

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Petrol, Diesel Prices: 'India's Fuel Rates Have Not Violated Global ...

If retail sale price of petrol and diesel is as high as it was when the global crude price was twice as high, state-run oil marketing companies haven’t much do about it: Their profits haven't jumped. Of course, these firms haven’t been suffering from under-recoveries since daily pricing of petrol and diesel was made effective on June 16 last year.

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