Hindustan Times | How oil can play spoilsport for govt's fiscal math Hindustan Times Will the budget math work out in favour of the government on the oil front? The budget has announced a 3% cut down of the government's subsidy bill of Rs 2.5 lakh crore. This has been largely due to a 10.2% reduction in petroleum subsidy. A 3 ... This Could Explain One Of The Biggest Mysteries Of Cheap Oil |