Tag: fuel price increase India
Posted in Economy
Wholesale inflation hits 42-month high of 8.3% in April
India’s wholesale inflation surged to a 42-month high of 8.3% year-on-year in April, from 3.9% in March, largely driven by the rising prices of fuel,…
Posted in Economy
$50 oil surge could wipe out 2% of India’s GDP, warns Axis Bank’s Neelkanth Mishra
Mumbai: In a sharp assessment of India’s macroeconomic vulnerabilities, Neelkanth Mishra, Chief Economist of Axis Bank and Head of Global Research at Axis Capital, warned…