The government has hiked the contribution of upstream oil companies toward fuel subsidies to 38.8% for 2010-11 fiscal. In an interview with CNBC-TV18, SP Tulsian, sptulsian.com says, there is a lot of confusion. He is afraid that in FY12 this subsidy sharing by the upstream companies can rise from 38.7% may be to 40% plus.
first published: May 20, 2011 09:34 pm
A collection of the most-viewed Moneycontrol videos.
Nifty Pulls Back After Reclaiming 25,800 Even As Banks & IT Shine; All Eyes On RIL Q3| Closing Bell Live
Trump Warns Iran at UN: 'All Options on the Table' as Protests Rage
Iran Erupts — But the Opposition Is Tearing Itself Apart | Opposition Divided as Iran Burns
Nifty Likely To Tread Water After Back-To-Back Losses; RIL, Infosys In Focus| Opening Bell Live
