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Friday, June 17, 2022

Govt cracks USO whip, private players raise fuel prices to curb sales

The government on Friday cracked down on private fuel retailers by bringing all petrol pumps under the USO (universal service obligation) to prevent holders of fuel retail licences from wilfully shutting or starving outlets of stocks to minimise losses on petrol and diesel.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/K8VSbB4

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from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Oyt4IxX