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Interview: Sustained sub-5% inflation forecasts to give rate cut opportunity, says MPC's Ashima Goyal

Goyal, one of the three external members of the RBIs Monetary Policy Committee, also said that oil marketing companies should start cutting fuel prices now that they have made up for their previous losses.
Ashima Goyal Petroleum Planning Analysis Cell Indira Gandhi Institute Of Development Research Monetary Policy Committee Reserve Bank Consumer Price Index

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Consumption of petrol, diesel hits new record in May

The country’s overall petroleum product consumption, a proxy for crude oil demand, rose 9 per cent YoY and 8 per cent MoM in May to 20.03 million tonnes. But it was lower than the record level of 20.50 million tonnes in March this year.
Ministry Of Petroleum Natural Gas International Energy Agency Petroleum Planning Analysis Cell Petroleum Planning Analysis Cel Petroleum Planning Analysis Cell

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