Tag: fuel inflation
Posted in Economy
RBI flags rising fuel-price pressures amid West Asia war, says crude is easing as Hormuz fears recede
The Reserve Bank of India (RBI) has flagged emerging fuel-price pressures and weakening consumer confidence amid the ongoing conflict in West Asia, even as it…
Posted in Economy
Government forwent Rs 1 lakh crore via excise duty cuts to shield consumers from fuel inflation: FM
Mumbai: Finance Minister Nirmala Sitharaman on Monday said the government had foregone more than Rs 1 lakh crore annually in tax revenues through excise duty…
Posted in Economy
WPI inflation to face further upside as oil and metal prices stay elevated amid geopolitical tensions: Report
New Delhi: With the US-Iran conflict keeping global crude oil prices elevated and the Strait of Hormuz disruption pushing up metal costs, the economic research…