Moneycontrol PRO

business

FinMin, OilMin fray over calculation of under recoveries

Are we all set for a face off between the Finance Ministry and Oil Ministry over the calculation of under recoveries? Following January 28's letter from the Finance Ministry on switching to export parity pricing, sources in the oil ministry say north block cannot unilaterally decide on switching from trade parity.

first published: Jan 29, 2013 09:16 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347