Subsidy Payout For Oil Retailers

<?xml version="1.0" encoding="UTF-8"?><root available-locales="en_US," default-locale="en_US"><static-content language-id="en_US"><![CDATA[<p>State-run oil retailers received Rs 14000 crore from the government since June-end as part of the subsidy payout for the financial year ended in March, three officials with direct knowledge said.<br><br>The oil retailers received the amount in two tranches - one in June-end, and the other on July 3, the officials told Reuters on Friday.<br><br>The remaining amount of Rs 24500 crore will be paid out by August-end, the officials said.<br><br><br>(Reuters)</p>