Fuel Prices: Petrol and diesel prices across many parts of India are currently hovering over the INR 100/litre-mark. After a lull due to high international prices, OMCs are now recouping their losses. However, economists don’t expect the Centre to immediately cut taxes on fuel despite the availability of fiscal space, meaning that consumers will continue to shell out more.
Petrol and diesel prices across many parts of India are currently hovering over the Rs 100/litre-mark. After a lull due to high international prices, OMCs are now recouping their losses. However, economists dont expect the Centre to immediately cut taxes on fuel despite the availability of fiscal space, meaning that consumers will continue to shell out more.
By Anushka Trivedi MUMBAI (Reuters) - India's central bank has been consistently missing its inflation projections over the last two and half years ma.
India s central bank has been consistently missing its inflation projections over the last two and half years mainly due to extreme weather conditions that drove up food prices, economists said on Thursday.
With India firmly in the grip of the second Covid wave, the much-expected catapult from a buoyant Q1 is unlikely. How should the Centre steer a slowing economy?