India, June 12 -- The Centre has imposed temporary restrictions on diesel sales at retail fuel stations to prevent hoarding and black marketing, while public sector oil marketing companies (OMCs) continue to absorb losses of nearly Rs 500 crore per day. The new 90-day regulation limits diesel purchases to 200 litres per customer per day and requires bulk consumers to procure fuel through designated channels.

Government introduces temporary diesel sale restrictions for 90 days. Diesel purchases capped at 200 litres per customer or vehicle per day. Bulk consumers barred from buying diesel at retail fuel stations. PSU oil companies absorbing losses of around Rs 500 crore daily. Retail diesel reportedly priced around Rs 40 per litre l...