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Tag: OMCs

Panel grills Centre on OMCs’ failure to absorb oil shock

Posted on June 4, 2026 By admin
Panel grills Centre on OMCs’ failure to absorb oil shock

Both Opposition and ruling party members raised concerns about the impact of the U.S.-Iran stand-off on the Indian economy. File | Photo Credit: The Hindu The Parliamentary Standing Committee on Finance, headed by BJP leader Bhartruhari Mahtab, on Thursday (June 4, 2026) questioned the government on why, despite making hefty profits, the Oil Marketing Companies…

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