Tag: fuel prices
Rising fuel prices to strain household budgets as West Asia crisis pushes crude above USD 100: Chief Economist Manoranjan Sharma
New Delhi: Rising petrol and diesel prices are likely to put pressure on household budgets as the ongoing West Asia conflict continues to drive global…
RBI likely to keep status quo on policy rate as threats loom
Mumbai: The Reserve Bank of India is likely to leave the policy rate unchanged at its June meeting, according to a majority of economists in…
RBI unlikely to hike rates soon despite inflation risk, rate action only in Dec if needed: Icra’s Aditi Nayar
Mumbai: The Reserve Bank of India (RBI) is unlikely to rush into monetary tightening despite mounting inflation risks from higher fuel prices and monsoon uncertainty,…
India’s inflation puzzle: How will fuel price play out
India’s inflation debate appears to be entering a complicated phase. On the surface, retail inflation appears under control, giving consumers and policymakers some relief. But…
Indian markets open lower as fuel price hike dampens investor sentiment
Indian equity markets opened in the red on Friday as a nationwide hike in fuel prices and firming global crude oil rates weighed on investor…
Fuel prices likely to rise if war continues: RBI Guv
India may need to increase retail fuel prices if the conflict in West Asia drags on, Reserve Bank of India Governor Sanjay Malhotra said. His…
Andhra CM Chandrababu Naidu to announce measures to counter West Asia war impact
Nidamarru: Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday said the state government would unveil precautionary measures within two days to mitigate the impact…
West Asia crisis yet to impact inflation, but fuel prices pass-through to shape outlook: Report
New Delhi, The ongoing tensions in West Asia have not yet significantly impacted India’s retail inflation, but the future trajectory of inflation will depend on…
Check rates in Delhi, Mumbai, Bengaluru on April 15| Business News
Petrol and diesel prices continued to remain steady on Wednesday, with oil marketing companies maintaining existing rates across the country. Petrol and diesel prices remained…
Food, fuel prices push up March retail inflation to 3.4%
New Delhi: Retail inflation increased to 3.4% year-on-year in March from 3.2% in the previous month, driven by higher food and fuel prices, with the…