Rising Crude May Put Greater Subsidy Burden On ONGC, Oil India, Says Moody’s
Image of ONGC oil rig (Source: PTI)

Rising Crude May Put Greater Subsidy Burden On ONGC, Oil India, Says Moody’s

State-run Oil and Natural Gas Corporation Ltd. and Oil India Ltd. face the increasing risk of the government requiring them to share the fuel subsidy burden as oil prices rise, according to Moody’s...
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