<h1>India Faces Significant Under-Recoveries on Diesel, LPG, and Kerosene; Daily Losses Reach Rs 412 Crore for Oil Companies.</h1> Under-recoveries on diesel, domestic LPG, and PDS kerosene in India remain significant as of November 16, 2012. Diesel under-recovery is Rs 9.06 per litre, while domestic LPG and PDS kerosene are Rs 478.50 per cylinder and Rs 31.30 per litre, respectively. Public Sector Oil Marketing Companies are incurring daily under-recoveries of Rs 412 crore. The Indian crude oil basket price rose to $107.91 per barrel on November 15, 2012. The government provides subsidies of Rs 0.82 per litre on PDS kerosene and Rs 22.58 per cylinder on domestic LPG to mitigate these losses.