There are indications that perhaps there will be a reversion to the earlier subsidy sharing. In an interview with CNBC-TV18, Narendra Taneja, South Asia Bureau Chief, Upstream says, the government is basically preparing to not partly deregulate diesel, but to increase the price of diesel.
According to him, as long as government has different view of ONGC, affectively treating ONGC like a government department, one should be little bit cautious and careful.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!