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VERIFIEDMint Markets·positive

Oil India, ONGC stocks get double bonanza: royalty boost, after higher realization

AI Summary
  • ·The Centre has decided to incentivize local oil and gas output.
  • ·This decision is in response to global volatility.
  • ·ONGC and Oil India are expected to see boosted earnings due to this and higher crude realizations.
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