Tag: petrol price

The sharp market price rise for petrol is already resulting in losses on retail sales for fuel retailers. (AFP/Representational)
Posted in Business

India’s petrol pricing touches 50-month high; experts warn of further rise amid geopolitical tensions

India’s petrol pricing benchmark has risen to a 50-month high of $133.05 a barrel this month, putting state-run oil marketing companies (OMCs) under renewed pressure…

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Posted in Economy

After winning poll battles, Modi has picked up a new fight

After election victories in West Bengal and Assam, Prime Minister Narendra Modi has moved from electoral politics to economic mobilisation. When the Middle East conflict…

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Posted in Economy

ADB warns Asian economies against broad fuel subsidies, tax cuts amid oil price risks

The Asian Development Bank on Wednesday warned Asian economies against implementing broad fuel subsidies and cutting excise duties, noting that such measures could strain public…

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