Last Updated: October 6, 2026

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  • Tag: Oil Marketing companies

    Govt Curbs Diesel Hoarding as OMCs Absorb Losses of Rs 500 Crore Daily

    The government on Friday introduced temporary restrictions on diesel sales through retail outlets to curb hoarding and black marketing, as public sector oil marketing companies (OMCs) continue to absorb losses of around Rs 500 crore per day to shield consumers from global fuel price volatility.