Losses on diesel sales at record Rs 14.50 a litre

Sep 16 2013, 18:04 IST
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Diesel losses had last touched about Rs 14 per litre in January, 2012. (PTI) Diesel losses had last touched about Rs 14 per litre in January, 2012. (PTI)
SummaryDiesel losses had last touched about Rs 14 per litre in January, 2012.

hike in kerosene price would cut losses by Rs 1,014 crore. The three price increases together would bring down government's subsidy outgo to Rs 50,928 crore, sources said.

The timing of the decision is not yet been finalised.

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