A waiter walks past the podium prior to the Oil & Natural Gas Corp. (ONGC) news conference in New Delhi, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

ONGC Could Share Subsidy If Crude Prices Stay High

Oil and Natural Gas Corporation Ltd. said in its annual report that India’s largest oil and gas producer may have to share the subsidy burden with the government if crude prices remain at an elevat...

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